Bourgault Australia's new Kelmscott premises represents a $9.5 million investment in the Western Australian (WA) market. WA operations manager Ben Bulley expects the new buildings will be completed within the next two months.
A Czech manufacturer of cultivation and seeding implements is expanding its production facilities to increase capacity over the next 2 years by at least 30% from around 1,500 machines annually to meet growing demand in Europe and North America.
The impact of weather and international trade relations on U.S. farm production and profitability is such that executives at Balkrishna Industries, manufacturer of BKT tires for agricultural and other off-highway applications, are in no rush to pursue plans for a new plant in the U.S.
There’s little doubt that the volume of prevented plant acres will impact the sale of farm machinery for the remainder of 2019 and possibly into 2020. The effects of the poor planting weather that resulted in very late planting or prevented planting of corn and soybeans earlier this year throughout much of the Midwest is still to be determined.
July 2019 saw decreases in U.S. sales of combines and 4WD tractors as well as total U.S. 2WD tractor sales compared to July 2018, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Claas has gone all-green as it aims to tap into a recovering high horsepower tractor market with the launch of its Axion models in North America for the first time and the introduction of new generation Lexion combines.
Dutch compact loader manufacturer Tobroco-Giant has committed further investment to expanding its production and warehousing facilities on the back of rising sales and in anticipation of healthy future demand.
The company promises “aggressive marketing strategies” and sales channel expansion in North America, while anticipating sales worth around $165 million annually within 5 years of launching the initiative.
From The Herald, Zimbabwe currently requires 40,000 tractors and only has 12,000, of which 9,000 are functional and 3,000 require repairs. This deficit of farm machinery and implements has negatively affected agricultural production and productivity.
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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.