AGCO and SDF join hands
Tractor and machinery manufacturer AGCO has signed a supply agreement with the European-based SDF Group, best known for its SAME, Deutz Fahr and Lamborghini tractor brands.
AGCO recently announced a further expansion of its Beauvais site in France, at the Choose France summit – led by French President Emmanuel Macron.
“We are delighted to announce the acquisition of a 15.7ha next door, to consolidate our presence in Beauvais,” Martin Richenhagen – chairman, president and chief executive officer of AGCO said.
The new acquisition, will see the company invest around €40 million ($NZ 67m), creating 200 new jobs to add to the 100-plus jobs created at Beauvais 3 – back in 2018 to make Beauvais the Global Home of the Massey Ferguson Brand.
Including 4.5ha of buildings, AGCO says the expansion will include a tractor customisation workshop to offer a wider choice to our customers, fitting specific, customised equipment and accessories off the production line.
Additionally, the company will develop a manufacturing facility to capitalise on acquired expertise on prototype parts 3D printing for manufacturing for small series, complex and customised parts production to support the tractor customisation workshop.
From April 2020, the facility will undertake in-house production of hydraulics pipes, which are currently outsourced from suppliers in Europe and Asia. A separate department will undertake gearbox remanufacturing.
The company notes the extra space will also allow it to roll out a range of new agricultural machinery. This is a key part of growth plans for Massey Ferguson, which saw 18 new tractor ranges launched since 2015 – with a further 10 to come by 2023.
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.