A regional commercial court in France has secured the future of the ARGO Group’s St. Dizier transmission manufacturing and assembly plant by accepting a plan that moves it out of “administration” and back into private ownership.
The successful proposals from YTO Group of China will not only see transmissions assembly continue at the plant but also the re-introduction of tractor assembly. International Harvester last built tractors in the factory in the late 1980s.
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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.
