Tillage equipment manufacturer Lemken has embarked on a $65 million program to build new workshops, production plants and supply facilities to support growth plans after setting a new sales record in the year it moved decisively into the U.S. market.
The German manufacturer passed the $390 million turnover mark for the first time in 2012 by lifting sales over the prior year by 20% to the equivalent of $442 million.
“Above all, the good prices…
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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.
