The improvements include modifications to the assembly line to enhance agility and speed, the renovation and extension of the logistics area; and the introduction of the all-new CR11 range with 7,000 new parts being added to the manufacturing logistics area.
Indian tractor manufacturer TAFE (Tractors and Farm Equipment Limited) has announced an investment in a new research & development center, TAFE Advanced AG Solutions, in Telford, UK.
John Deere will be offering some U.S. and Brazilian farmers the chance to access Deere’s own satellite network for improved connectivity by the end of 2024, according to a May 1 report from the Wall Street Journal.
During Kubota’s FY22 earnings call, Kubota President and Representative Director Yuichi Kitao addressed the company’s goal of moving more production overseas.
AGCO reported its earnings for the full year 2022 on Feb. 7, showing a record $12.65 billion in total revenue, $2.12 billion in South America revenue and $369.8 million in “work in process” (WIP) inventories.
On Dec. 15, John Deere filed its 10-K annual report with the SEC, which includes details about the manufacturer’s operations outside its normal earnings reports.
Kubota Corp. has begun research and development to make autonomous agricultural robots and other future farming technologies a reality at the North America Research & Development Unit established in January this year as a new research group in the United States.
In our most recent list, Ag Equipment Intelligence has gathered financial data from the filings of the ag industry’s key publicly-traded manufacturers and compiled its own list of these companies’ research and development expenses.
The agricultural, forestry and earth mover tires unit of Finnish manufacturer Nokian has opened a new R&D centre as part of a €70 million ($85.5 million) investment program aimed at doubling capacity and extending the product lines available with more advanced high-performance designs.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.