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Tractor Manufacturers Focus on Growing Dealer Networks in 2024

March 15, 2024 | Posted in Ag Equipment Business, Dealers & Dealerships

At this year’s National Farm Machinery Show, Ag Equipment Intelligence stopped by 4 tractor manufacturers and spoke with executives about what they’re planning to accomplish in 2024.

LS Mtron Secures $387 Million Contract with CNH Industrial

December 6, 2022 | Posted in Ag Equipment Worldwide

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.

Claas Rated Top Full line Mfr. In EDA’s Dealers’ Choice Program

May 20, 2019 | Posted in Equipment & Equipment Sales

The Equipment Dealer’s Assn. announced the recipients of the 2019 Dealer’s Choice and Gold Level awards. The Dealer’s Choice Award is presented to the top rated company in each of EDA’s four manufacturer categories based on results of the annual Dealer-Manufacturer Relations Survey.

After Making Its Mark in North America, LS Mtron Eyes Brazil for Continued Growth

March 27, 2019 | Posted in Ag Equipment Worldwide

After making major strides in increasing sales in the U.S. and Canada, LS Mtron, the South Korean-based manufacturer of the LS brand of compact and mid-range tractors, is eyeing Brazil as its next target for growing revenues.

LS Tractor Looks to African Market Through Brazil

February 21, 2019 | Posted in Ag Equipment Worldwide

In a new agreement boosted by the Brazilian government, Korean company LS Tractor will be the only company in the country to export tractor components from its factory in Santa Catarina to its new factory in Nigeria.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

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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