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Mechanical Hoe Manufacturer Steketee Expands Dutch Facility

February 24, 2021 | Posted in Ag Equipment Worldwide

The hoe manufacturer, which was acquired by Lemken in 2018, is installing a new assembly line for small implements at its factory in Stad aan’t Haringvliet.

CNH Industrial Acquires Minority Stake in Swiss Zasso Group AG

October 29, 2020 | Posted in Mergers & Acquisitions

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced that it has completed its acquisition of a minority stake in Zasso Group AG, a global specialist in non-chemical weed and invasive plant management solutions using electrical power.

Deere Looks to ‘Differentiate’ While Improving Margins

February 14, 2020 | Posted in Ag Equipment Business

Deere & Co.’s stated goal is to set itself apart from its competitors while stimulating significant growth. Specifically, it’s aiming to improve its current 12.5% operating margin to 15% by its fiscal year 2022.

Amazone Adds Hoeing Equipment with Addition of Schmotzer Line

November 1, 2018 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

Amazone, the German manufacturer whose ag products include tillage equipment, grain seeders, fertilizer spreaders and crop sprayers, is adding hoeing (weed removal) technology with the transfer of the Maschinenfabrik Schmotzer GmbH’s product line to its other ag machinery, effective Jan. 1, 2019.

Lemken Acquires Steketee for Mechanical Weed Control Expertise

October 1, 2018 | Posted in Mergers & Acquisitions

Increased scrutiny and regulation of crop protection chemicals, as well as the growing use of vision-controlled implements for weed control, has prompted German tillage equipment maker Lemken to buy up the Dutch field hoeing specialist Steketee and its Rumpstad cultivation equipment division.

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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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