Kubota Corp.’s continued expansion into big ag equipment and higher horsepower tractors and its increased activity in Asia were reflected in significant gains during the 3 months ended June 30, 2015. Kubota reported its earnings on Aug. 5 with revenues up 14.2% year-over-year to almost $3.5 billion. Domestic revenues increased 5% to $974.73 million and overseas revenues for the company saw gains of 18.4% to almost $2.5 billion. Overseas revenues also increased to 71.4% of…
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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.
