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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

“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...

“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...

“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

Krone sales revenues grow to €2.2 billion

Despite the corona pandemic, revenues of the Krone Group increased significantly in the past financial year (01/08/2020 – 31/07/2021). Overall turnover for both the Commercial Vehicle -, as well as the Agricultural Machinery division, grew up to € 2.2 billion.   Supporting the efforts in the fight o...

Väderstad surpasses € 400 million in turnover

Väderstad, major global company in tillage, seeding and planting, reached a record turnover of € 420 million during the financial year of 2021. It was another record year in sales for Väderstad. The increase in turnover was strong compared to the previous year, when Väderstad reached € 340 million. ...

North American tractor, combine sales 2021 finish up double digits

Nearly 360,000 total tractors and combines left dealer lots in 2021 in North America. U.S. and Canadian sales of tractors and combines finished 2021 with gains of more than ten percent in nearly every segment in both countries according to the latest data from the Association of Equipment Manufactur...

Third expansion for TIZ testing centre in Austria

The Technology and Innovation Centre (TIZ) in Grieskirchen, Austria, is a state of art facility. On 11 January, 2022, Markus Achleitner, Regional Minister for Economy, together with the three stakeholders among which Pöttinger and the Managing Director of the centre, attended the groundbreaking cere...

Ag equipment market to reach USD 253.28 Billion by 2028

The global Agriculture Equipment Market size is anticipated to reach USD 253.28 billion by 2028 and exhibit a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period. This was analyzed and estimated by market research agency Fortune Business Insights from India. Increasing favorable go...

Mahindra exports strongly on the uprise

Mahindra’s Farm Equipment Sector (FES) sold 18,269 tractors (Domestic + Exports) during December 2021, against 22,417 units for the same period last year. Domestic sales dropped considerably, while exports strongly went up by 77 percent for the full year 2021.    Commenting on the performance, Heman...

Rostselmash produces 30,000th Acros combine harvester

A machine numbered 30,000 from the Аcros lineup of combine harvesters, recently rolled off the Rostselmash’s main assembly line. It will undergo a series of tests and will then be shipped to a company’s dealer centre. The anniversary combine harvester came just in time for the 15th anniversary of th...

Robotti goes Down Under

Agrointelli from Denmark announces that Corematic and Formatt Machinery are the official distributors to deliver Robotti to Australian farmers. The first unit, Robotti 150D, has been delivered. “Automation is growing significantly in Australia and agriculture is an important sector in the coun...

Einböck doubles production capacity

Thanks to the strong increase in demand for agricultural machinery for mechanical weed control, as well as for soil cultivation & seeding technology, Einböck from Austria is doubling production capacity with an investment of approximately € 30 million. In the fall of 2023, “Werk Dobl&#8221...

AGCO acquires Appareo Systems

AGCO announces an agreement to acquire Appareo Systems, a leader in software engineering, hardware development and electronic manufacturing. The acquisition is expected to close in January 2022. Appareo, based in Fargo, North Dakota USA, specializes in the research, development, design, and manufact...
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