AGCO, the smallest of the big three global farm machinery makers, is remaking its factories and the products they make in an effort to boost marketshare in North America, its weakest market.

Great Plains Manufacturing has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced recently.

KIOTI Tractor, a division of Daedong Industrial Company Ltd, has recently announced the promotion of Peter Kim to Vice President and Chief Procurement Officer. Kim was most recently the company’s Business Procurement Manager and Administrative Manager.

U.S. household debt fell for the seventh straight quarter in the first three months of 2010 as Americans continued to respond to the recession's fallout.

KIOTI Tractor, Wendell, NC, a division of Daedong Industrial Company Ltd, has recently announced the promotion of Michael Greene to Vice President and Chief Operating Officer. Greene was most recently the company's Director of Planning and Coordination and prior was Supply Chain Manager.

Established in 2003, Erkunt Tractor Industry exports its tractors to 22 countries in Europe, Middle East, Africa and even the Caribbean Islands and plans to export 500 tractors in 2010 under the brand name ArmaTrac.

Generac Holdings Inc. said Monday that one of its subsidiaries has purchased the assets and certain liabilities of Magnum Products LLC, a Berlin, Wis., manufacturer of light towers and mobile generators.

A backup generator can become a must with a major power outage. With what happened on the east coast, workers at a Wisconsin manufacturer of generators are putting in double time.

OPEI Celebrates 60th Anniversary

The Outdoor Power Equipment Institute (OPEI) is pleased to announce the appointment of Gerry Coons as its new VP of Industry Affairs. Mr. Coons, an engineer and MBA, is a 30-year OPE industry veteran, having most recently served as General Manager at the Husqvarna production facility in Orangeburg, S.C.