While Fliegl plans to retain the Brochard brand for markets where it is well established, such as France and some other countries in western and eastern Europe, the products will be supplied under the Fliegl name elsewhere.
With particular focus on tine and short disc cultivators for fast, shallow tillage, Lemken’s operations in the U.S. and Canada, based in West Fargo, N.D., and St-Hyacinthe, Que., respectively, recorded double-digit sales growth in 2017.
A policy of enabling John Deere dealers to fill out their product lines with equipment from subsidiaries and alliance partners is continuing to be pursued by Deere with the acquisition of an Italian manufacturer of self-propelled sprayers and a newly formed alliance with the German manufacturer of agricultural material handling equipment.
Investments in dealer and employee development, and on the production of machines tailored to individual markets, are credited with helping Horsch continue on its growth path in 2016.
One of Europe’s leading tillage equipment makers, German manufacturer Lemken, has opened a production facility in China in its latest step toward developing a firm presence in this expanding market.
Germany’s Krone is spending the equivalent of more than $13 million building a new production facility for its BiG X forage harvesters to realize plans for a 50% increase in sales of the big ticket machines.
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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.