John Deere has announced it aims to invest $15 million to expand its production in the location of Granadero Baigorria in the Argentine province of Santa Fe. According to the president of John Deere Argentina, Sergio Fernandez, the investment is related to the market potential for the next 30 years. “Most of our investments are related to keeping the factory working and our electrical systems,” said Fernandez. 

Brazilian company Jacto announced it intends to expand its spraying business in Argentina. The company looks to sell 900-1,000 sprayers in the country in 2021 and grow at least 20% by 2022. In order to achieve this goal, the company says it will market more models to the country through the rest of the year. 

In a recent interview with Ag Equipment Intelligence, AGCO CEO Eric Hansotia, who recently took the helm at the company at the beginning of the year, sat down to talk about how the company has fared in its South America and Africa markets, specifically where it has faced hurdles.

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. 

Argentina’s National Institute of Statistic and Census (Indec) has released the final numbers of 2020 machinery sales in the country.