An effective response to a record order book for new sugar beet harvesters, together with continuing international sprayer sales recovery, helped French equipment manufacturer Exel Industries post record fourth quarter revenue growth. The surge was led by the group’s Agrifac and Holmer beet harvester operations as the removal of European tonnage quotas resulted in a 20% increase in the area grown.
“Revenue was €115.9 million ($135 million) for the fourth quarter alone, which is as…
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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.
