Case IH launches new Tier 3 Puma Tractor at Fieldays
Case IH is expanding its popular Puma range in New Zealand, with a new model that was released at Fieldays.
Marlborough-based start-up SmartMachine claims its new machine is one of the most significant operational step changes for viticulture since the advent of the tractor 130 years ago.
The company’s flagship product Oxin is the world’s first fully autonomous, multi-tasking viticultural robotic tractors.
These cutting-edge machines promise to revolutionise the viticulture landscapes by enabling greater operational efficiencies and addressing the challenges posed by the ongoing labour shortages the industry faces.
This development has seen the start-up attract the interest of global investor FABALI, which has invested into Smart- Machine.
The company’s first funding round has raised $1.93m, securing ongoing support from multinational Pernod Ricard Winemakers and attracting new Investors FABAL Investments, New Zealand Growth Capital Fund, Angel Investors Marlborough and Angel HQ.
Company spokesman Andrew Kersley says that at a time where the investment market has been challenging, this highlights the uniqueness of the product offering and value proposition that the company’s products and service offer to global horticultural industries.
FABALI Group chief executive Ashley Keegan says that after looking hard at the global landscape, this technology and the team behind it has the potential to be one of the most significant operational step changes for the industry since the advent of the tractor over 130 years ago.
Foundation partner Pernod Ricard Winemakers has also backed the product and business from the beginning. Viticulture transformation manager David Allen says the company’s continued investment in Smart- Machine’s technology is down to how it can revolutionise the viticulture landscape.
Kersley says it is an exciting time for the business. “We are focusing on building out our revenue model in New Zealand and establishing our market position in Australia, while strategically working through our launch in the United States.”
He says it has both industry and government backing through MPI and its Sustainable Farming Futures Fund to build a fully electric version of the machine, which he claims will ‘shift the dial’ even further regarding the sustainable benefits of this technology.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.