Vietnam sells shares of farm machinery company
VEAM Corporation, one of the biggest companies owned by the Ministry of Industry and Trade in Vietnam, is set to sell a 49% stake starting this month. Source: Thanh Nien News The Vietnam Engine and Agricultural Machinery Corporation, as it is formally known, will auction more than 167 million shares, or a 12.57% stake, in […]
New Case dealership in Kununurra
Kimberley Agricultural Investment Pty Ltd (KAI) has opened a Case IH dealership to the public at Kununurra, in Western Australia. Source: AFDJ eNews Dealer principal Jim Engelke said after months of hard work, it was exciting to open to the public on July 6, 2016. “The Case IH brand offers a wide range of equipment […]
The Claasiest in Australia and NZ
The best dealerships, teams and individuals from throughout the Landpower and CLAAS Harvest Centre network in New Zealand and Australia have been recognised at the inaugural Strive Annual Awards for Excellence held in Christchurch, New Zealand. Source: AFDJ eNews The premier award went to CLAAS Harvest Centre – Echuca, which was named 2016 Dealership of […]
Helmut Claas celebrates 90th birthday
Helmut Claas, for many years the managing partner of the CLAAS Group and chair of the Shareholders’ Committee has celebrated his 90th birthday. Source: AFDJ eNews He built the company, founded by his father and uncles, into one of the world’s leading agricultural machinery enterprises. Helmut Claas was born in 1926 in Harsewinkel, Germany, the […]
Deere a big exporter of Indian tractors
John Deere India has emerged as one of the largest tractor exporters from India. Source: The Financial Express The company, a subsidiary of Deere & Company, exported 24,000 tractors made in India during the last fiscal year. The company exports to 110 countries. Deere & Company is sourcing the lower HP tractors from India to address the demand for […]
UK tractor sales drop
The Agricultural Engineers Association in the UK has released its half year tractor statistics, which continue to show a drop in sales but a gradual increase in average power. Source: Farmers Weekly UK The first six months of 2016 saw 5382 agricultural tractors over 50hp registered for road use, which worked out as a 9.8% decrease compared with the 5970 […]
Fastrac on track for 25 years
JCB is celebrating 25 years production of the Fastrac – a range of agricultural tractors that remain unique and continue to offer farmers and contractors a combination of features and performance advantages resulting in high levels of productivity and utilisation. Source: AFDJ eNews It was JCB chairman Anthony Bamford who struck on the idea of manufacturing […]
Russia in a rush for more tractors
In an attempt to shift the economy from raw materials, Russia is putting effort into the agriculture sector. Source: RT From January to June, the country produced 35% more tractors and harvesters than in 2015. “The growth of the industrial production of agricultural machinery could be estimated at double-digit figures. The increase in production of combine harvesters in the first half exceeded 35% year […]
Quarterly tractor sales generally buoyant in NZ
“New Zealand Tractor sales are relatively buoyant, despite the current dairy payout,” according to NZ Tractor and Machinery Association President, Mark Hamilton-Manns. Source: AFDJ eNews The second quarter results of New Zealand tractor sales, compiled by the NZ Tractor and Machinery Association, show tractor sales declined slightly, by 8.5%, compared with the same quarter last […]
Global Escorts for farm machinery
Escorts , one of India’s tractor manufacturers has unveiled its global ambitions with the launch of 13 new tractors in 12HP to 110HP range under flagship brands Farmtrac, Powertrac, and Euroline. Source: Economic Times India The series will cater specifically for the world market. This heralds the foray of the engineering conglomerate in the newer and bigger horsepower range of 12HP […]