The acquisition of U.S. self-propelled sprayer maker ET Works in January 2016 helped the Exel Industries Group of France increase revenues in its 2016 financial year.
Without the contribution of the Mooresville, Ind.-based manufacturer of Apache sprayers, Exel Group revenues would have been slightly less than the €725.2 million ($773 million) generated in the 12 months to August 2015.
As it is, the €770.9 million ($822 million) achieved with ET’s contribution during the same period…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
