Canada’s Brandt Group is stepping up its presence in the U.S. with the acquisition of a ready-made modern manufacturing facility in Illinois. The Brandt Agricultural Products division currently occupies a 110,000 square foot facility on a 40 acre site just outside Regina, Sask., where it makes grain augers, conveyors and vacuums, large flexible tine harrows and grain carts.
Challenging market conditions and a dip in revenues (see Ag Equipment Intelligence, September 2016) have not deterred tillage and hay tools manufacturer Pottinger from continuing investment in expanded production and parts distribution facilities.
Senior managers at Maschio Gaspardo, the Italian farm equipment group with a North American operation based at DeWitt, Iowa, have successfully negotiated debt restructuring with 24 creditor banks in line with a new business plan formulated last year.
Kubota Corp. is to spend approximately $430 million pursuing its expansion ambitions by acquiring one of North America’s best-known tillage and seeding equipment producers, Great Plains Manufacturing Inc. and its subsidiaries.
Ingersoll Tillage Group (ITG) and its majority owned subsidiary, Corporacion Patricio Echeverria announced the sale of a substantial portion of ITG’s shares to ONCAP, a mid-market private equity firm, on June 1.
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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.