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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...

“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...

“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...

Business

Pöttinger breaks € 400 million turnover

Despite the enormous challenges because of the pandemic, Austrian family-owned company Pöttinger has written another chapter of success in its 150-year history. In the financial year 2020/2021, Pöttinger once again achieved the highest turnover in its history of EUR 405 million, exceeding the 400 mi...

Rostselmash celebrates 5 years of tractor production

Rostselmash started tractor production at the Rostov-on-Don plant in 2016. The first Rostselmash machine 2375 rolled off the production line in August. Since then, over 3 800 tractors of the 2000 series  have been built by now. In September, construction of a new plant will start to increase pr...

Claas marks 100 years of knotter patent

Claas filed its first patent exactly 100 years ago: the knotting device for the straw binder produced at that time. This device laid the foundations for a global success story in baling technology. The knotter is the core component of square and big balers and its basic mechanical principle has rema...

Strong 2nd quarter figures for Kubota

For the six months ended June 30, 2021, revenue of Kubota Corporation and its subsidiaries increased by US $ 1,98 billion [24.6%] from the same period in the prior year to US $ 10,09 billion. Domestic revenue increased by US $ 113,6 million [4.3%] from the same period in the prior year to 2.8 billio...

Mahindra reports strong July tractor sales

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), reported strong tractor sales numbers for July 2021. Total tractor sales (Domestic + Exports) during July 2021 were at 27,229 units, as against 25,402 units for the same period last year. Exports for the month stood at 1,460 units. Commenti...

Precision Planting acquires Headsight

Precision Planting LLC, a subsidiary of AGCO Corporation, announced an agreement to acquire the business and assets of Headsight Inc, a leading precision agriculture harvesting solution company. Since 1998, Headsight has built a global reputation for designing and developing harvesting row guidance ...

John Deere acquires Bear Flag Robotics

Deere & Company has signed a definitive agreement to acquire Bear Flag Robotics for $250 million USD. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines. The deal accelerates the development and delivery of automation and au...

CNH Industrial: strong second quarter 2021

CNH Industrial reports strong Q2 2021 performance. Consolidated revenues accounted $8.9 billion (up 60% compared to Q2 2020) with a net income of $699 million. “I am extremely proud of the outstanding execution of our CNH Industrial team in the second quarter, especially for their commitment to deli...

Pöttinger celebrating 150th anniversary

In recognition of its peculiar past and with an optimistic outlook to the future, Pöttinger is celebrating its 150-year success story this year. As a master clockmaker with precision, as an artisan blacksmith with a feel for design and as a metalworker ensuring durability and robustness, the company...

AGCO reports strong Q2 results

AGCO reported its results for the second quarter ended June 30, 2021. Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 43.5% compared to the second quarter of 2020. Net sales for the first six months of 2021 were approximately $5.3 billion, an increase o...
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