A survey of agricultural machinery manufacturers and importers in France reveals a more optimistic view of how this year’s market will pan out than when the coronavirus pandemic first took hold.
As part of efforts to modernize agriculture in the central Asian republic of Kazakhstan, the government has attracted investment in local machinery assembly from European manufacturers Claas and Poettinger and the Russian producer of Kirovets high horsepower tractors.
Massey Ferguson’s Momentum planter was awarded the 2020-21 Machine of the Year in the seeder category, the company announced. The event is organized by a media group in Brazil and took place on Sept. 22 and occurs every 2 years.
According to a report from OEM Off-Highway, GKN Wheels has finished rebuilding its facility in Telford, England, and has tripled its production capacity from the previous facility.
AGCO, a worldwide manufacturer and distributor of Challenger, Fendt, Massey Ferguson and Valtra brands has adopted a 2-tier distribution model that will support South African dealers directly from the region’s headquarters in Johannesburg, effective from Oct. 1, 2020.
Despite the challenges presented by Covid-19, Europe’s biggest independent distributor of agricultural machinery saw increased sales and profits during the first half of the parent group’s financial year.
According to a report from IVT, Yokohama Rubber Co. has announced plans to build a new factory in India to "expanding production capacity of Alliance Tire Group (ATG) and its manufacturing of off-highway tires."
According to a report from Bloomberg, Deere has plans to expand its presence in Australia and New Zealand, including an increased focus on precision agriculture.
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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.