Business

Latest articles

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 ...

“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 2022 Calendar made by fans for fans

Last May, Krone made an appeal to ag machinery fans around the world to submit photos which showed Krone machines in action for publication in the Krone 2022 Calendar. In the months thereafter, the company received some 1000 photos which put the Krone jury into the difficult position to select the t...

Fendt relocates production of loader wagons

Fendt announces relocation of the production and development of loader wagons in Germany, from Waldstetten to the Wolfenbüttel production site. Over the long term, the offer in forage technology for professional farmers and contractors will be expanded. In order to reinforce the competency in forage...

Monarch Tractor finds funding to scaling up production

Monarch Tractor secures $61 million in Series B funding to accelerate production and deployment of its smart, driver-optional, electric tractor. Monarch Tractor, maker of the world’s first fully electric, driver-optional tractor, successfully completed of a $61 million Series B funding round led by ...

Deere reports net income of $ 1.283 billion for Q4

Fourth-quarter net income of Deere & Company rises on net sales gain of 19%, demonstrating solid execution and benefits of operating model. Net income reached $5.963 billion for the fiscal year. Deere & Company reported net income of $1.283 billion for the fourth quarter ended October 31, 20...

BKT supporting Rugby World Cup 2023

BKT is starting a new sporting adventure by becoming Official Off-Highway Tire Supplier for Rugby World Cup France 2023. The prestigious tournament for this sport will celebrate its tenth edition. On September 8, 2023, at the Stade de France, the Cup will start with the match between France, the hos...

Kubota increases stake in Escorts

Kubota Corporation and the Indian tractor manufacturer Escorts Limited have reached an agreement under which Kubota will increase its shareholding in Escorts.   Escorts Ltd is a listed company that serves as a major tractor manufacturer in the Indian market under the Farmtrac brand name. India is re...

Case IH on the Path to Precision in South East Asia

Case IH has launched a campaign to empower the farmers of South East Asia by educating them on the basics of precision farming, known as Path to Precision. The campaign started concurrently with the regional summit of Agritechnica Asia, which was held in Nakhon Ratchasima, Thailand. While the concep...

AGCO brands collect seven 2022 AE50 awards

AGCO Corporation received seven AE50 awards from the American Society of Agricultural and Biological Engineers (ASABE) for 2022. New products from Fendt, Massey Ferguson, and Precision Planting were recognized for innovation and engineering. Each year, ASABE selects only 50 products from the agricul...

Sales remain strong in North America

Overall unit sales of both ag tractors and combines continue their growth above an already-hot pace set in 2020, according to the latest data from US based Association of Equipment Manufacturers (AEM). AEM United States tractor and combine report October 2021 U.S. total farm tractor sales climbed 4....

CNH Industrial reports solid Q3 results

CNH Industrial reports solid third quarter performance. Consolidated revenues accounted $8.0 billion (up 23% compared to Q3 2020), net income of $329 million, adjusted diluted EPS of $0.36, and adjusted EBIT of Industrial Activities $469 million (up $231 million or some 100%). Free cash flow of Indu...
  1. Back
  2. 1
  3. …
  4. 51
  5. 52
  6. 53
  7. 54
  8. 55
  9. …
  10. 59
  11. Next