With new factories and OEM supply contracts underpinning growth, South Korea’s LS Mtron continues to make waves in the compact and utility tractor market.
Agreements with CNH Industrial and Claas, and in the central Asian state of Uzbekistan, are generating guaranteed sales and revenues. In addition, a new engine plant opened close to the main tractor factory in South Korea creates a competitive advantage and potential for engine sales to other OEMs.
The engine plant…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
