Ontario-based New Holland dealer Robert's Farm Equipment Sales has announced it will acquire two locations from Kubota dealer Earth Power Tractors & Equipment.
Revenue in the company's Farm Equipment & Industrial Machinery segment increased by 12.4% from the same period in the prior year to $3.9 billion and accounted for 84.2% of consolidated revenue.
Kubota has invested more than $85 million to bring the new facility online and will open with 70 engineering and technical employees and grow to nearly 200 employees over the next five years.
Domestic revenue increased by $66 million (+1.3%) from the prior year to $5.2 billion because of increased revenue in Farm & Industrial Machinery mainly due to increased sales of farm equipment, despite a decrease in revenue in Water & Environment and Other.
Titan International, Inc. and Kubota Tractor Corp./Kubota Canada Ltd. have entered into an exclusivity agreement on select sizes of Titan’s new Trac Loader II tires for compact and utility tractor models used in residential, commercial, agricultural and light construction applications.
Kubota Tractor Corporation has announced the appointment of Shingo Hanada as the new President and CEO of Kubota Tractor Corporation (KTC) and Kubota North America (KNA), based in Grapevine, Texas, effective Jan. 1, 2022.
In the recently released 2021 Progressive Farmer Reader Insights Study powered by SOCAL Approach, Kubota was ranked the top tractor brand in the Most Durable and Best Ownership Experience categories for compact tractors.
Johnson Tractor, a 5-store Case IH and Kubota dealer, announced its local move to 200 Steward Road, Rochelle, Ill. The dealership had a soft grand opening recently and is planning a celebration to thank customers and team members for 41 years of successful business growth in the fall.
Mahindra Ag North America introduces the 5100 series tractors, 5145 and 5155, engineered to be easy to operate by first-time tractor owners yet heavy duty to tackle the tough jobs of rural living, farms and ranches. The 5100 series tractors come with a 5-year, 3000-hour limited powertrain warranty covering parts and labor for the duration of the warranty period.
Yanmar was founded in 1912 and developed the world's first commercially viable small diesel engine in 1933. The diesel engine has continued as our core business ever since, our key tool in the rationalization and modernization of agriculture, fishing and industry.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.