As Kongskilde prepares to cut costs by closing a factory in Denmark, its U.S. operation will showcase newly expanded facilities at an open house event next month.
The Danish owners of ag equipment manufacturer Kongskilde put up a ‘for sale’ sign for the business in March, saying it needs a strong partner or a new owner to realize its full potential.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.