According to the latest update to the CEMA General Business Climate Index, the agricultural machinery industry in Europe has again deteriorated slightly following the sharp downturn of the previous months.
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.
Linamar Corp. announced Dec. 20 an agreement to acquire Canadian implement manufacturer Bourgault Industries out of St. Brieux, Sask., for C$640 million.
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 we look at the potential impact Hurricanes Helene and Milton will have on ag production as well as the dealers and manufacturers in the impacted region.