Tractor makers’ messy divorce plays out in Indian courtroom
Divorces can be messy events, particularly when the warring parties are arguing about current or potential assets.
AGCO is this year celebrating the 75th anniversary of AGCO Power, its engine business.
And it has produced its one-millionth AGCO Power engine at the factory in Linnavuori, Nokia, Finland.
AGCO Power started making engines in Linnavuori 75 years ago, later becoming an important part of Valtra, which was bought by AGCO in 2004.
AGCO has since developed new products and innovative engine technologies and has increased production capacities at the plant.
Today it makes 3, 4, 6 and 7-cylinder diesel engines at Linnavuori and in Changzhou (China), Mogi das Cruzes (Brazil) and General Rodriguez (Argentina). It now makes at least 100,000 engines annually.
At least 70% of AGCO machines use AGCO Power engines -- in Massey Ferguson, Valtra and Fendt machines delivered to the Australian and New Zealand markets.
The company is noted for its pioneering development of emission reduction technologies; it was the first to launch SCR technology in agricultural machinery in 2008. Now its engines meet and exceed the latest emission regulations in the EU and the US, complying with the Tier 4 emissions standards.
AGCO Power engines are also ready for the stage V emission regulations to be phased in gradually in 2019 and 2020, whose development started several years ago.
AGCO Power’s innovations have improved the combustion process, offering customers excellent fuel economy; they continue to evolve and the company is exploring renewable fuels and electric power.
A work in progress is how Farmlands chair Rob Hewett describes the rural trader's 2024 annual results.
A net zero pilot dairy farm, set up in Taranaki two years ago to help reduce on-farm emissions, is showing promising results.
Chinese buyers are returning in force to replenish stocks and helping send global dairy prices higher.
New DairyNZ chair Tracy Brown says bipartisan agreement among political parties on emissions pricing and freshwater regulations would greatly help farmers.
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
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