According to a report from Info France 3 Champagne-Ardenne, the producer of agricultural transmissions has decided to close its factory in Saint-Dizier and lay off the remaining 35 employees. Only the site manager was reported to remain at the location to implement the final closing of the factory.
According to a seperate report from Profi, the COVID-19 pandemic was given as one of the reasons for the closure. YTO Group had reportedly planned…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
