AGCO has announced that with a recent update its industrial operations in South America, located in Brazil and Argentina, have reached their global level.
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.
Magazine Luiza, a retail giant in Brazil recognized for selling a wide variety of products, has decided to attend the growing demand of the agricultural sector for credit in the country.
John Deere announced in January that it will expand its factory located in Montenegro, Rio Grande do Sul, in Brazil. The facility, which opened in 2008, employs nearly 1,000 people and makes 43 tractor models.
Looking at the small farm niche, Massey Ferguson has updated its portfolio of agricultural solutions in Brazil and introduced the MF 4400 series in December.
In November, Brazil’s Ministry of Agriculture, Livestock and Supply launched a new platform for digital registration of tractors and agricultural equipment called ID Agro.
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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.