With agriculture in a generally upward phase of its traditional cycle and the size and power of tractors and other machinery continuing to grow, Trelleborg Wheel Systems is ‘ready for take-off’ says the business segment’s President, Paolo Pompei.
In a presentation to analysts, Pompei highlighted the fast growth of higher-powered agricultural machinery, citing the 6.6% compound annual growth rate for tractors over 100hp from 2017 to 2021, and a forecast 8% for the period to…
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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.
