Diesel engine maker Deutz is stepping up efforts to win business from agricultural vehicle OEMs as part of a strategy to even out demand at its factories.
In its 2016 annual report, Deutz managers note that with ag equipment demand following a different economic cycle than the group’s other main segments — construction equipment and materials handling — expanding sales to farm machinery OEMs would help smooth manufacturing demand.
Last year, at €176.5 million ($190…
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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.
