After much speculation and talk of acquisition (Ag Equipment Intelligence, August 2013), Kubota Corp. has confirmed that it will enter higher horsepower sectors than it currently serves by building tractors up to 170 horsepower.
The Japanese machinery giant has detailed plans for a new manufacturing facility in France that is scheduled to begin production in less than 18 months to supply markets in Europe, North America, Australia and Japan.
In Europe at least…
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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.
