According to a report from Info France 3 Champagne-Ardenne, the producer of agricultural transmissions has decided to close its factory in Saint-Dizier and lay off the remaining 35 employees.
Italian tractor makers Argo — the group behind Landini and McCormick — and the Same Deutz-Fahr Group weathered the past year’s market headwinds better than some, judging by their 2014 financial results.
Despite challenging market conditions and the trauma of an earthquake in 2012, the manufacturer of Landini, McCormick and Valpadana tractors continued to improve its profitability through increased efficiencies.
A regional commercial court in France has secured the future of the ARGO Group’s St. Dizier transmission manufacturing and assembly plant by accepting a plan that moves it out of “administration” and back into private ownership.
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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.