Landini and McCormick tractors are being distributed worldwide with a range of hydraulic loaders from Italian manufacturer Sigma 4 through an OEM supply agreement with Argo Tractors.
The new compact range will enter into production in June 2021 and be called MISTRAL2, taking and updating the name of the outstanding Landini series of compact tractors.
Tractor and harvester production is underway in Europe once more after extended shutdowns brought output to a complete halt as the coronavirus pandemic took hold.
National health protection rules and disrupted supplies of components are impacting agricultural machinery production in Europe as some factories are forced into temporary shutdowns. But parts support to dealers and end users, as well as dealer technical support, is holding up despite restricted working practices caused by the COVID-19 pandemic.
A partnership agreement between India’s International Tractors Ltd. (ITL) and Argo Tractors will result in the Italian manufacturer of Landini and McCormick equipment sourcing “utility” models from ITL for selected markets.
A 12% increase in Landini tractor market share in the competitive Italian tractor market helped the Argo Group maintain revenues at near 2014 levels last year despite a global industry sales downturn.
Machinery manufacturers and dealers in Italy received a welcome boost in 2015 when the market for tractors and combines broke both national and Europe-wide trends to record an increase in sales over the prior year.
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.
With the requirement to meet stricter air emissions standards, the engines in high horsepower farm tractors continue to undergo one of the most significant transformations in the history of ag equipment.
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, 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.