The Memphis, Tenn.-based operations of Krone, one of Europe’s leading hay equipment manufacturers, made a significant contribution to the company’s global sales growth in the 2014-15 financial year ended July 31, in the face of weakening markets.
Revenues at Krone North America jumped almost €25 million — $27 million at current exchange rates — from €88.7 million to €113.6 million ($97-$124 million), a 28% increase. Globally, Krone’s agricultural equipment division managed just 1.2% growth to…
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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.
