Kubota Corp.’s 2023 revenue increased 12.8% to $20.05 billion. Domestic revenue increased 6.8% from the prior year to $4.27 billion because of increased revenue from Farm & Industrial Machinery and Water & Environment segments of the business.
Five years ago, the agricultural machinery specialist Lemken acquired the Dutch company Machinefabriek Steketee B.V., expanding its crop care product portfolio with implements for mechanical weed control and future-oriented camera-assisted machine guidance.
Bucher Industries, which owns Kuhn Group, released its second quarter 2023 earnings report July 27 and reported Kuhn Group’s net sales for the first half of the year totaled $971.4, up 6.6% year over year.
Located in Saskatoon, Canada, the office will be managed by Brad Michnik who has been appointed sales representative, effective immediately, for DLG’s North American operations, including the United States.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Howard Buffett talks about getting tractors and combines to Ukrainian farmers. In the Technology Corner, Noah Newman examines how the 360 Rain system boosts yields by over 65 bushels per acre. Also in this episode, the potential peak for large ag equipment sales, layoffs at Hutson Inc., 'Made in USA' equipment influence and AGCO's latest earnings report.