According to a Dec. 5 article from The Korea Economic Daily, LS Mtron has secured a contract to supply CNH Industrial with 28,500 tractors over the next 3 years, which is reportedly worth $387.4 million.
Compact and utility tractor manufacturer Tong Yang Moolsan (TYM) plans closer cooperation with the Branson Tractors unit of fellow South Korean manufacturer Kukje Machinery Company now that TYM has taken full control of the Kukje business.
The major suppliers of compact and utility tractors into the North American market are enjoying an exports boom with Daedong (Kioti), LS Mtron and TYM all reporting record half-year sales figures thanks to a buoyant market.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.