Tractors and Farm Equipment Limited the world's third largest tractor manufacturer by volumes and ISEKI & Co., Ltd, the third largest Japanese agricultural machinery manufacturer for tractors, planting and harvesting machinery, and engines, inked an agreement for the manufacture of compact tractors in India.
Stanley Black & Decker today announced that it has entered into a definitive agreement to acquire a 20 percent stake in MTD Products Inc ("MTD"), a privately held global manufacturer of outdoor power equipment, for $234 million in cash. Under the terms of the agreement, Stanley Black & Decker has the option to acquire the remaining 80 percent of MTD beginning on July 1, 2021.
John Deere announces model year 2019 updates for its 90- to 125-horsepower 5R Utility Tractors. The updates put features and options typically found in larger tractors into a premium utility tractor that livestock, hay and small-acreage producers can use.
For 2019, John Deere is updating its lineup of 110- to 215-horsepower 6R Series Tractors with features that will transform the way producers operate tractors. The updated tractors include the 6110R, 6120R, 6130R, 6145R, 6155R, 6175R, 6195R and 6215R in two- and four-wheel drive configurations with cab.
John Deere announces several productivity-enhancing updates and operator comfort and convenience changes to its 8R and 8RT Tractors for the 2019 model year.
John Deere is announcing several updates for model year 2019 to its large 9R, 9RT, and 9RX Tractors that include a mix of the latest technology and performance-enhancing features.
John Deere introduces the 5075GL Specialty Tractor for orchard and vineyard growers who want a powerful, low and narrow tractor to maintain and harvest their crops. With 75 engine horsepower, there's plenty of power to pull flail mowers, rotary cutters, spray tanks and trimming equipment, and to push harvest bins in hilly terrain.
The Greater Minnesota Two-Cylinder Club (GMTCC) held their annual Field Days in Little Falls, Minnesota. The annual event was on the weekend of May 4 and 5 at theMorrison County Fairgrounds on May 5 and 6. John Deere New Generation tractors were the feature for the 2018 Field Days, showcasing tractors from the John Deere 10 and 20 series built in the late 1960s and early 1970s. The Field Days also featured vintage snowmobiles, demonstrations, and a flea market.
TAFE - Tractors and Farm Equipment Limited, world's third largest tractor manufacturer by volume, successfully acquired the renowned Serbian tractor and agricultural equipment brand IMT - Industrija Masina i Traktora.
John Deere officials say they have reaffirmed the company's commitment to the specialty tractor market with several additions to its lineup of low-profile tractors. The company, in mid-February, introduced the 5090EL, 5125ML and additional updates to the 5100ML and 5115ML tractors.