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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

“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...

“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 ...

“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...

“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...

“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...

Business

BKT receives Top Exporter award

BKT Tires has been awarded the prestigious Top Exporter award in India for the year 2023-24, on the occasion of International Customs Day 2024. This ceremony is dedicated to celebrating the importance of international trade and honoring the work of customs officials worldwide, hosted by Customs Kand...

Deere performance slowing down

Deere & Company reported net income of $1.751 billion for the first quarter ended January 28, 2024, compared with net income of $1.959 billion, for the quarter ended January 29, 2023. Worldwide net sales and revenues decreased 4 percent to $12.185 billion in the most recent quarter. Net sales we...

CNH reports solid 2023 results

CNH Industrial reported results for Q4 and full year 2023. Q4 net income reached $617 million compared with $592 million in Q4 2022. Consolidated revenue was $6.79 billion in the quarter, down 2% compared to Q4 2022. Net sales were $6.02 billion down 5% compared to Q4 2022. Full year 2023 consolidat...

Clean Seed and Mahindra cooperate

Clean Seed Capital Group Ltd. from Canada goes into a technology license and manufacturing agreement with Mahindra and Mahindra Ltd from India. In collaboration with Clean Seed, Mahindra will manufacture and distribute the SMART Seeder Mini-MAX. Clean Seed and Mahindra have engaged in a collaborativ...

CNH strong in sustainability

S&P Global, authority in financial information and analytics, has ranked CNH as one of the strongest performers in its 2024 Sustainability Yearbook. CNH was placed in the top 5% among the over 9,400 companies rated in the annual S&P Global Corporate Sustainability Assessment. This latest res...

AGCO reports Q4 and 2023 results

AGCO reported net sales of $3.8 billion for the fourth quarter of 2023, a decrease of 2.5% compared to the fourth quarter of 2022. Excluding favorable currency translation impacts of 1.8%, net sales in the fourth quarter of 2023 decreased 4.3% compared to the fourth quarter of 2022. Net sales for th...

John Deere selects 2024 startups

Deere & Company selected six companies for its 2024 Startup Collaborator program. The John Deere Startup Collaborator 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. &#82...

Precision Planting opens new facility

AGCO subsidiary Precision Planting is expanding its footprint in Illinois USA, to better serve global dealers and customers. The company began assembling and shipping from the modernized plant in October 2023. “As more farmers adopt a ‘retrofit first’ mindset – which is upgrading the technolog...

New Holland 25 years in India

CNH celebrates the 25th anniversary of its New Holland brand in India. Since its inception, New Holland provides technological innovation to the country’s agricultural sector. Apart from new tractor techniques, New Holland has pioneered baling technology for crop residue. As part of the celebrations...

CNH invests in harvester plant

New Holland Agriculture is to launch worldwide its new CR11 combine harvester. To a major extent, this is thanks to a €150 million investment by mother company CNH, in New Holland’s R&D and production facility in Zedelgem, Belgium. The gentle threshing action of the CR11 minimizes damage to the ...
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