The timely acquisition of Quicke tractor loader manufacturer Ålö Holding last year – see Ag Equipment Intelligence online April 28, 2020 – cushioned new owner Jost group from the effects of a weak commercial vehicle market.
Consolidated into group reports from the beginning of February last year, the global leader in agricultural loaders contributed €175.7 million ($213.1 million) or just under a quarter of Jost-Werke’s €794.4 million ($970 million) net sales.
Over the full calendar…
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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.
