Kubota to unveil three new models at Fieldays
Kubota is thrilled to unveil three new models at National Fieldays this week.
Hustler Equipment, the Hastings maker of bale feeding, bedding and handling equipment, has bought Robertson Manufacturing.
Robertson, located in Hinds, Canterbury, make silage wagons, the Supercomby feedout machine and precision spreading equipment.
Hustler started manufacturing in 1961, Robertson in 1977. With nearly 100 years between them in designing and making innovative machinery it seems the two companies are a good fit.
Hustler told Rural News that while some branding changes may follow, the Robertson designs and attention to detail will remain and customers will get 'seamless' advice and support.
Meanwhile, on the global scene, cash-rich Japanese giant Kubota is to buy the planter and seed drill manufacturer Great Plains Manufacturing, of Salina, Kansas.
In the US$430 million deal, slated for July, Kubota will acquire all five divisions of Great Plains, said to be the largest family-owned farm equipment maker in the US. It has eight factories in the US and one in UK; staff number 1400.
"This acquisition is part of the long term strategic vision for our expansion, with the aim of providing high quality products and comprehensive solutions for customers," said Masato Yoshikawa, president and chief executive of Kubota Tractor Corporation.
Great Plains and Kubota had common values, he said, "in that we were both founded four decades ago and both companies have a reputation for quality and engineering excellence".
Great Plains founder and chairman Roy Applequist will remain to help guide operations.
"My plan is to play a significant part in helping Great Plains to become a vital part of the Kubota family," he said.
The companies already have a long term relationship: the Great Plains Land Pride brand has been sold alongside Kubota products in the North American market since 2007.
Kubota says the move builds on its commitment to the US and Canadian markets; it recently announced a North American distribution centre in Edgerton, US, for the supply of whole goods and parts to these regions.
Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.
DairyNZ chair Tracy Brown has waded into the debate around soaring butter prices, pointing out that the demand for dairy overseas dictates the price to farmers and at the supermarket.
Farmers are welcoming new Government proposals to make farm health and safety rules more practical and grounded in real-world farming.
Missing fresh mozzarella cheese made at home in Bari, southern Italy, Massimo Lubisco and his wife Marina decided to bring a taste of home to New Zealand.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.