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(Camso video screengrab)

Michelin to buy ag track maker Camso

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The Michelin Man is set to take on much more field work with a US$1.45 billion deal for Quebec off-the-road track and tire manufacturer Camso. The deal, pending regulatory approval, calls for France’s Michelin to combine its off-the-road (OTR) business with Camso in a new division. “By joining forces with Camso, Michelin will create the
(PrecisionPlanting.com)
Crops

Deere sues Precision Planting, claiming patent infringement

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Reuters — U.S. farm equipment maker Deere and Co. on Friday sued Precision Planting and Agco Corp., accusing them of infringing on 12 of its patents. In filings to the U.S. district court in Delaware, Deere alleged that products made or sold by Precision Planting, including vSet seed meters along with SpeedTube products, infringed on
Taking part in Agco’s Aug. 24 groundbreaking ceremony (l-r) were Greg Wells (operations manager, Agco Parts, North America), Lee Fuchs (Nick’s Service, Emerald Park, Sask.); Gerald Swystun (Full Line Ag, Swift Current, Sask.); Jeffrey Fluney (Dennills Agricenter, Dewberry, Alta.); Sean Ferguson (Full Line Ag); Warren Orth (Agriterra Equipment, Lacombe, Alta.); Rod Anderson (Wynyard Equipment, Wynyard, Sask.); Darren Parker (director of sales and marketing, Agco Parts, North America); and Chris Maas (Agriterra Equipment, Weyburn, Sask.). (Agco/BusinessWire photo)
Crops

Agco to ramp up Regina parts distribution

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Prairie farmers using Agco equipment brands such as Massey Ferguson and Challenger can expect more types of parts to be in stock more often at the company’s Regina warehouse. The U.S. farm equipment firm’s Agco Parts arm on Friday announced a major expansion of its parts distribution centre in Regina, to be completed by early
Crops

AGCO to acquire Precision Planting from The Climate Corporation

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Equipment manufacturer AGCO has made a deal with The Climate Corporation to acquire the Precision Planting LLC equipment business. “Precision Planting is a strong business that plays an essential role in the growth and adoption of innovative precision ag practices that help farmers enhance their productivity,” said Mike Stern, chief executive officer for The Climate
(Lely.com)
Crops, Dairy cattle, Forages

Robot milker firm Lely to shed forage equipment business

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Dutch dairy equipment manufacturer Lely, best known in the Canadian market for its robotic milking systems, plans to focus on that business and sell its forage equipment lines to Agco. The two companies announced Monday they have an agreement in principle for Lely to sell its forage division, including two German manufacturing plants, to U.S.-based
(Greg Berg photo)
Crops

Deere challenges U.S. federal block on Precision Planting bid

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Reuters — Deere and Co. said its proposal to buy Precision Planting, an agricultural equipment and technology company, will increase consumer choice and directly benefit growers, in a response filed on Wednesday to the U.S. Department of Justice’s lawsuit to block the acquisition. Deere announced its planned acquisition of Precision Planting in November 2015, for
What’s new in tractors

What’s new in tractors

A roundup of the recent tractor introductions and updates making news this fall

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There’s been no shortage of news this season when it comes to new tractor model unveilings and improvements to existing machines. Virtually every brand had something new to show off this year on that front. Many of those new machines debuted at the U.S. Farm Progress Show in Boone, Iowa, in August. To help you
(AutonomousTractor.com)
Crops

Farm tech investment drops off after record year

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Reuters — Investor backing for agriculture technology startups cooled in the first half of 2016 after record global investment last year, according to industry data released on Monday. Funding from venture capitalists and others totaled US$1.8 billion through the first six months of the year, down 20 per cent from a year earlier, while the number

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