With new factories and OEM supply contracts underpinning growth, South Korea’s LS Mtron continues to make waves in the compact and utility tractor market.
Tractor OEMs are investing in new manufacturing facilities to boost output and efficiency, and in some cases to take advantage of lower cost production, avoid costly import duties and build products closer to where they are sold.
Going into the second half of the year, equities research analysts appear to be reassessing their views and targets for the stocks of the major farm equipment manufacturers.
CNH Industrial will reduce a maximum of 200 third-party agency positions from May 30 through June 30 due to a reduction in orders at the Grand Island, Neb., plant
The attraction of efficient emissions control technology and a global industrial complex is helping Fiat Powertrain (FPT) Industrial, the diesel engines division of the CNH Industrial group, win more customers and orders.
The attraction of efficient emissions control technology and a global industrial complex is helping FPT (Fiat Powertrain) Industrial, the diesel engines division of the CNH Industrial group, win more customers and orders.
The world’s number two and three largest farm equipment manufacturers, CNH Industrial and AGCO Corp., put up pretty good numbers based on farm equipment sales for the third quarter of the year and year-to-date. At the same time, it doesn’t appear that either one are looking for big things in the months ahead.
During its pitch to potential investors September 26-30, executives of the newly formed CNH Industrial said the long-term focus of the merged CNH Global and Fiat Industrial group is "Stable, value maximizing capital structure with shareholder friendly distribution policy."
During its pitch to potential investors September 26-30, executives of the newly formed CNH Industrial said the long-term focus of the merged CNH Global and Fiat Industrial group is “Stable, value maximizing capital structure with shareholder friendly distribution policy.”
Not only did CNH and AGCO see significant gains in revenues and net income during the second quarter ended June 30, 2013, but both farm equipment makers also saw healthy increases in margins that bolstered the companies’ forecasts for the remainder of the year and into 2014.
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We’ve been busy over here in the Technology Corner preparing for the 10th annual Precision Farming Dealer Summit, taking place Jan. 6-7 in downtown Louisville, Ky. Skip Klinefelter, CEO of Ag Technology Solutions Group in Greenville, Ill., will be one of several speakers sharing their unfiltered perspective on the state of precision ag.