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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 ...

“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...

“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

BKT to double production in three years

Thanks to the expansion of its most strategic plant in Bhuj, India, BKT Tires will double its turnover to 2 billion dollars in 2026 with a total annual production of 600,000 MT. “Growth has always been in step with demand, in accordance with our objectives and investments and based on solid foundati...

Deere & Co reports strong Q1 results

Deere & Company reported net income of $1.959 billion for the first quarter ended January 29, 2023 compared with net income of $903 million, for the quarter ended January 30, 2022. Worldwide net sales and revenues increased 32 percent, to $12.652 billion, in the most recent quarter. Net sales we...

Top 1% ranking for Sustainability CNHi

CNH Industrial has been included in the 2023 S&P Global Sustainability Yearbook with the highest score (87/100) in the Machinery and Electrical Equipment Industry. The Yearbook is produced by S&P Global, a world leading international finance and analytics company. CNH Industrial placed in th...

Väderstad acquires TRV cultivator line from Thyregod

Väderstad, specialist in tillage and seeding technology from Sweden, acquires parts of the Danish company Thyregod. Through this, a full product range of inter-row cultivators will be added to the current Väderstad product portfolio. Thyregod A/S is a Danish agricultural brand with roots that go bac...

Kubota invests in Chouette

Kubota Corporation has invested in a ‘Series A’ venture funding investment round for Chouette from France. This company offers a precision vineyard management solution for the viticulture industry. With this investment, Kubota has taken steps to accelerate its innovation philosophy with the objectiv...

AGCO releases solid 2022 results

AGCO reported net sales of $3.9 billion for the fourth quarter of 2022, an increase of 23.6% compared to the fourth quarter of 2021. Excluding unfavorable currency translation impacts of 9.2%, net sales in the fourth quarter of 2022 increased 32.7% compared to the fourth quarter of 2021. Net sales f...

CNHi reports strong 2022 results

CNH Industrial delivered record results in its first year as pure play in Agriculture and Construction. Consolidated revenues of $23,551 million were up 20.8%, up (24% at constant currency), with a net income of $2,039 million. Also consolidated Q4 revenues were strong with $6,943 million, up 26.7% ...

Kverneland Group acquires Phenix Agrosystem

Kverneland Group has signed an agreement to acquire 100% of the shares of BC Technique S.A.S. from France, producer of inter-row cultivators, rotary hoes, guidance interfaces and tine harrows, which are distributed under the Phenix Agrosystem brand. These products and solutions are well fitted for t...

Kubota and Oeneo invest in Bloomfield

Kubota and wine producer Oeneo together invest in Bloomfield Robotics.  Based in Pittsburgh, PA USA, this company develops AI-driven plant imaging technology for use in specialty crops.  The investments by Kubota and Oeneo will reinforce Bloomfield’s commitment to partner with global players in stra...

Väderstad reaches record turnover

Väderstad, specialist producer in tillage, drilling and planting machinery, reached a new record turnover for the financial year 2022. From EUR 420 million in Full Year 2021, the company passed EUR 550 million in 2022. It has been another very special year for many global businesses. The pandemic Co...
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