According to the agreements, the joint venture CT Assembly LLP undertakes to gradually establish within five years the industrial assembly of Claas and Horsch agricultural machinery at the production site in Petropavlovsk.
A partnership between Horsch, the Germany-based manufacturer of tillage, seeding and crop protection equipment, and precision farming specialist Trimble, is underway to develop autonomous farming vehicles that integrate with a Cloud-based farm management data platform.
Horsch and Trimble (TRMB) announced a collaboration focused on developing solutions that enable autonomy in agriculture with the goal of building a future for autonomous machines and workflows in the industry.
German shortline manufacturer Horsch announced in March an investment of R$200 million ($35.3 million) in a factory in Curitiba, state of Parana, located in the South of Brazil, after 7 years in the country.
At $453.3 million, the $49.6 million, or 12.3%, gain in revenues is lower than the 19-22% increases recorded in the previous 2 years but still represents solid sales momentum.
Tillage and seeding equipment manufacturer Horsch is laying foundations for further growth by investing €23 million (equivalent to $26 million) in expanded R&D, production and logistics facilities at its headquarters factory in southeast Germany.
In this podcast we review the latest round of earnings reports of farm equipment manufacturers, which seem to be following the same trend of strong sales growth as many other industries. We also take a look at some other ag-related earnings, pay a visit to Horsch's new demonstration farm in Illinois and review the effects from a Trump Administration farm aid package.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.