Growth in sales of agricultural, forestry and commercial vehicle tires produced record revenues for the Heavy Tyres division of Finnish manufacturer Nokian in 2019.
At €202.7 million ($232 million) — a record performance for the business unit — revenues were up 8% on 2018, while division operating profit increased by 7.1% to €35.7 million ($40.8 million). The Heavy Tyres division contributed almost 13% of the group’s €1.59 billion ($1.81 billion) revenues, which otherwise are generated…
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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.
