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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...

“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...

“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 ...

“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...

“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...

Business

Record Q1 result for CNH Industrial

Investments in ag machinery remain positive, as also becomes clear from the first quarter 2023 results of CNH Industrial. The Company reports positive consolidated revenues of $5,342 million for, up 15% compared to Q1 202. Net income reached $486 million and adjusted net Income of $475 million. Net ...

AGCO to invest in Kansas, US facilities

AGCO Corporation will increase production capacities for Massey Ferguson and Fendt Momentum planters through a capital investment in its Kansas facilities in Beloit and Cawker City . The project, dubbed “Planter Accelerate”, will continue through the first quarter of 2024. The additional capacities ...

Yokohama acquires Trelleborg

Following last year’s announcement, Trelleborg Wheel Systems is pleased to announce that the acquisition by The Yokohama Rubber Co., Ltd. has been completed successfully for 2,074 million euro. From now on, the company will officially be part of The Yokohama Rubber Co., Ltd., operating under the nam...

Horsch opens new plant in Brazil

Horsch from Germany has built and opened a new plant in Curitiba, Brazil. The new hall covers an area of approx. 35,000 m2 is located on an area of 16 hectares. Among others, the assembly line has been designed for single grain seed drills, as well as the line for tillage machines. Also crop care [&...

AGCO reports robust first quarter results

AGCO reported its results for the first quarter ended March 31, 2023. Net sales for this quarter were approximately $3.3 billion, an increase of approximately 24.1% compared to the first quarter of 2022. Excluding unfavorable foreign currency translation of approximately 5.4%, net sales in the quart...

Kverneland invests in new AGV robots

By investing in a new fleet of AGV robots at the Klepp factory in Norway, Kverneland Group demonstrates its commitment to both technology and health and safety. These robots not only enhance productivity and efficiency by navigating autonomously through the use of sensors and advanced software, but ...

CNH Industrial withdraws from Russia

CNH Industrial divests its business activities in Russia for a total consideration of approximately USD 60 million. This follows the Company’s announcement in March 2022 that it was suspending supplies to this market. Up  until today, the payment of employee salaries and other administrative expense...

The story of John Deere Reman

Professional manufacturers of ag machinery like John Deere, transform old components to like-new condition. Under the “Reman” name they supply reborn, not rebuilt  components, thus saving customers time and money, while enhancing sustainability. The story on how John Deere puts Reman into pract...

CNHi publishes 2022 Sustainability Report

The Annual General Meeting (“AGM”) of CNH Industrial approved the Company’s 2022 EU–IFRS Annual Report (including the consolidated financial statements and separate financial statements of CNH Industrial N.V.). Also the Company’s 2022 Sustainability Report was published. Suzanne Heywood and Scott W....

Mechan International acquires AgWest

As of May 1, 2023, AgWest Ltd. in Canada will be added to Dutch Mechan International. AgWest is a prominent agricultural equipment dealer with six locations throughout Manitoba. This acquisition aligns with the Mechan International strategy to expand its geographical footprint. AgWest is a subsidiar...
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