The Väderstad Group, which encompasses worldwide manufacturing and distribution businesses including North American operations based in Langbank, Sask. (production) and Cambridge, Ont. (sales), generated 27% more turnover in its 2018 financial year.
The manufacturer of tillage equipment, precision planters and seed drills in Sweden, and Seed Hawk air seeders in Canada, recorded €300 million ($339 million) for the first time, with net profit amounting to €11.8 million ($13 million).
“The drought in 2018, especially in…
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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.
