Claas is again drawing on the resources and expertise of European distribution networks to support its presence in North America by reaching a preliminary agreement with one of its leading distributors in Russia to cover an important territory in the U.S.
The agreement follows a partnership forged earlier this year with the German dealer group BayWa to support the hay tools to combines product line in western Canada (see Ag Equipment Intelligence, April 2016).
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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.
