The first significant casualty of the agricultural machinery sales downturn has emerged with the insolvency of one of Austria’s leading field equipment manufacturers.
Vogel & Noot Landmaschinen is a major manufacturer of moldboard plows and cultivation equipment; it also produces seed drills and crop sprayers. The business is owned by Machinery & Industrial Group Europe, a division of Concern Tractor Plants in Russia.
In North America, Vogel & Noot’s limited presence is principally through Samson…
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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.
