Lemken’s positive development in North America, which now includes a fully-fledged subsidiary in the United States, contributed to the German tillage and seeding equipment manufacturer’s all-time record sales in 2021.
Shortlines Krone and Lemken partnered to create an autonomous machine for forage harvesting and tillage. They’re calling it the Combined Powers autonomous process unit. The machine has a cabless diesel-electric drive unit capable of up to 170 kilowatts or 230 horsepower to pull various implements.
After less than 10 years since introducing Lemken equipment to important regions for arable farming in the U.S., Lemken, one of Europe's leading manufacturers of tillage, seeding and crop care equipment, has made the move to become a full-fledged U.S. subsidiary.
Despite the manufacturing and distribution challenges thrown up by the COVID-19 pandemic last year, German tillage equipment maker Lemken managed to record healthy sales, down less than 4% on the prior year.
The impact of increasingly negative attitudes toward agrochemicals and more stringent machine regulations with a lack of commonality across markets has prompted Lemken to ditch production of conventional sprayers.
A 23% surge in tillage equipment sales to growers in the U.S. helped Lemken maintain 2019 revenues at the same level as in the prior year. Global sales reached €380 million ($410 million), making the 12 month period ended December 2019 equal to the best year ever for the German manufacturer.
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In this episode of On the Record, the latest Dealer Sentiments Report shows that dealers inventories of both new and used equipment are improving despite being too low. In the Technology Corner Noah Newman talks with Verdant Robotics plans to scale its fleet. Also in this episode, Titan Machinery reports record results for the third quarter of fiscal year 2023 and Farm Credit Canada forecasts tight machinery inventories well into 2024.