According to a Dec. 22 report from Agriland, Bobcat will bring its compact tractor line to Europe in 2023.
"The company tells us that these are new models designed to meet the needs of European customers with the option to choose between manual and hydrostatic transmissions, and open canopies (ROPS) and cabs," the report said.
Bobcat announced its return to the U.S. compact tractor market in 2019, when it promised “aggressive marketing strategies” and sales channel expansion in North America, while anticipating sales worth around $165 million annually within 5 years of launching the initiative.
Bobcat had previously withdrawn from the compact tractor market in 2012 after the expiration of a 5 year supply contract with LS Mtron, which recently announced its own tractor supply contract with CNH Industrial worth $387 million.
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