FPT (Fiat Power Train), an axle, engine and transmission arm of CNH Industrial, announced the start of production of the Cursor 9 engine in Córdoba, Argentina.
Investment totaling the equivalent of just over $114 million will result in improved manufacturing and assembly facilities and a new range of engines at AGCO Power in Finland.
According to a Feb. 11, 2019 report in Agriland, an Irish publication covering agriculture, Massey Ferguson tractors had about a 22% share of the market at the end of 2017.
Thurston Manufacturing Co., Thurston, Neb., filed for voluntary Chapter 11 Bankruptcy in the United States Bankruptcy Court in the state of Nebraska on January 23, 2019.
U.S. tire and rim maker Titan International is to pay $25 million in cash and issue $25 million in shares to satisfy a settlement put option exercised by one of two fellow shareholders in Voltyre-Prom, a Russian agricultural and industrial tire operation.
January 2019 saw increases in U.S. sales of self-propelled combines and 4WlD tractors as well as total U.S. 2WD tractor sales compared to January last year, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Equipment Technologies, manufacturer of Apache and Bruin brands of agricultural sprayers, has added two dealership groups to its distribution network, which expands its reach into Western Canada.
Reporting on Manitou Group’s fourth quarter financial results, Michel Denis, president and chief executive officer, said, “2018 is again a record year for the group. Overall, the group will have grown by around 40% in just 2 years.”
According to Jan. 21, 2019 report from Bloomberg Opinion, Kubota “The world’s second-biggest tractor maker is getting stuck in the mud, just as the U.S. farm machinery market shows resilience.”
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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.