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120 years New Holland Zedelgem

New Holland is celebrating the 120th anniversary of its “Zedelgem Global Centre of Harvesting Excellence” in Belgium. This facility is the company’s strategic hub for the development and production of combine harvesters, forage harvesters and balers exported worldwide. For 120 years, every generatio...

ITL tractor assembly in Kazakhstan

Kazakhstan and India signed agreements following the Kazakhstan-India Business Forum on Trade and Investment, held in Chennai, Tamil Nadu, India on September 9th. This includes the assembly of ITL tractors in Kazakhstan. One of the agreements provides for cooperation between SP BKM LLP and Internati...

Fulchir-BCS deal falls through

The recently announced acquisition of BCS Group by Fulchir Group has been canceled. According to Italian financial website Borsa Italia, the conditions for the transaction no longer exist, due to ‘critical issues’ and ‘unpredictable risks’. The acquisition of BCS by the Fulchir industrial group has ...

Siloking strengthens MT structure

Siloking is reorganizing its management team structure for the next phase of the company’s development. By expanding its senior management, the company is streamlining decision-making and strengthening cross-functional collaboration. Hence, the family-owned company is laying the foundation for...

Groundbreaking for new EKL plant

Escorts Kubota Limited (EKL), the Indian subsidiary of Kubota Corporation, has signed a land lease agreement as part of its plans to construct a new plant in Uttar Pradesh. A groundbreaking ceremony was held to commence the site preparation. The new plant will expand production capacity for tractors...

Fulchir Group acquires stake in BCS

Fulchir Group acquires a stake in BCS Group, manufacturer of agricultural machinery under the BCS, Ferrari, Pasquali, and Mosa brands. This brings a decisive turning point in the financial uncertainty that had affected the company recently. BCS is headquartered in Abbiategrasso, Italy. The Group has...

Highlights

“I wanted to disrupt the industry”

Craig Rupp is a self-made man. The founder and owner of US based Sabanto, has a clear vision on automation in agriculture. “I wanted to disrupt the industry,” he says. And so, he did. Craig developed the Steward retrofit kit, making tractors operate autonomously. It eases the workload for farmers. B...

“Agricultural robots” today at Agritechnica digital

“Agricultural robots” is the first topic in new webinar series on startup technologies, presented in Agritechnica digital. Free-to-attend ‘AgTech’ events explore topics shaping startup innovation scene: robotics, digitalization, circular economy and soil health. Today, 18 January 2022, Agritechnica ...

“Let the future begin”

The global ag machinery market is continuously evolving. AGCO aims to be in the forefront of new technology. Serving their own customers, but also mixed fleet operations. With new solutions in precision ag, autonomous vehicles and engines running on clean energy. Always with full focus on the farmer...

“Cotton King” high clearance tractor

Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan in Central Asia, are rich in cotton production. In order to meet technological constraints, Lovol launched the high clearance TX1104-H “Cotton King” tractor, specifically designed for cotton production in these countries. Th...

“Agritechnica Asia live” is approaching

From 24-26 August, Agritechnica Asia Live 2022 will be held in Can Tho City, Vietnam. At Agritechnica Live, machinery will be demonstrated in the field. Concurrently there’s an exhibition with a seminar programme. The previous edition was held in Myanmar, which attracted visitors from across South E...

Business

AMA completes acquisition part CMR

Following the agreement signed last November 5, AMA, Italian supplier of components for Off-Highway Vehicles (OHV), closed the acquisition of the Agriculture division of CMR Group. As a result, AMA has acquired 100% of the share capital of CMR Agriculture and 51% of the share capital of Taizhou CMR ...

AGCO shifting up in Latin America

AGCO expanded its operations in Jundiaí (SP) Brazil, with the opening of two new facilities: the Reman Transmissions Center of Excellence and the AGCO Academy headquarters. With an investment of USD 3.2 million, AGCO Jundiaí opens the first Reman Transmission Center of Excellence in South America, r...

SDF to source low-mid range MF

AGCO Corporation and Same Deutz-Fahr Group (SDF) from Italy have signed a supply agreement that will offer farmers worldwide a low-mid range horsepower tractor portfolio for AGCO’s Massey Ferguson brand. Beginning mid-year 2025, tractor manufacturer SDF will produce proprietary tractors with u...

Yokohama TWS present in Turkey

Yokohama TWS has opened a new legal entity in Turkey as part of its ongoing global expansion strategy. This move reflects the company’s commitment to delivering localized support and services tailored to the specific needs of customers in key growth regions. The new entity, Yokohama TWS Turkey Lasti...

AGCO reports 2024 results

AGCO reported net sales of $2.9 billion for the fourth quarter of 2024, a decrease of 24.0% compared to the fourth quarter of 2023. Net sales for the full year of 2024 were approximately $11.7 billion, a decrease of 19.1% compared to 2023. “AGCO delivered strong fourth quarter results with an ...

CNH reports FY 2024 results

CNH Industrial reported results for the three months and twelve months ended December 31, 2024. Q4 2024 net income reached $176 million, compared with net income of $583 in Q4 2023. Consolidated revenues were $4.88 billion in the quarter (down 28% compared to Q4 2023) and net sales of industrial act...

Shaktiman secures parts supply

Shaktiman, ag machinery manufacturer from India, has stretched its global reach to 105 countries. With every new country added to the list comes the same systematic commitment to customer service, accessed via an extensive service network. This is safeguarded through the Shaktiman Technical Assistan...

Kverneland expands facility in France

Kverneland Group Les Landes-Genusson (KVG LLG) in France is strengthening its position in cultivation and mechanical weeding solutions. A strategic investment, driven by increased global demand, will double production capacity for both Kubota and Kverneland implements, introduce larger machinery lik...

Väderstad reports FY 2024 results

Väderstad, global company in tillage, seeding and planting from Sweden, reached a turnover of 6,1 BSEK (532 million Euros) during Financial Year 2024 (Oct 1 –  Sept 31). Compared to FY 2023, this is a decrease in sales by 13 percent after a tough year, both for Väderstad as a company and for the who...

John Deere 2025 Startup program

Deere & Company has chosen 6 companies for its 2025 Startup collaborator program. This program was launched in 2019 to enhance and deepen the company’s interaction with startup companies, whose technology could add value for ag and construction customers. “The John Deere Startup collaborat...
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