According to multiple reports, AGCO manufacturing facilities in Marktoberdorf and Asbach-Bäumenheim, Germany, as well as the company's plant in Beauvais, France, have either restarted production or plan to next week following last week's ransomware attack.
On Fen. 26, 2021, the Paris Court of Justice (Tribunal Judiciaire) found that Manitou was guilty of infringement of certain JCB patent claims. It awarded JCB damages of €150,000 ($177,000) plus €50,000 ($59,000) in attorney fees.
Profits at crop sprayer and sugar beet harvester maker Exel Industries plunged almost 90% last year as revenues declined in all its operating sectors and the group made significant provisions for re-organization.
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In this episode of On the Record we take a look at the how dealer optimism has continued to fall, hitting a near record low, in May. In the Technology Corner Michaela Paukner follows up her last segment with a look at AGCO’s tech stack. We also discuss the California’s Occupational Safety & Health Standards Board’s rejection of a petition to amend a 70s era regulation limiting autonomous equipment. Also in this episode a look at Kubota’s dealer development plans and the full-line and tractor manufacturer results of EDA’s dealer manufacturer relations report.