Kubota tests diesel engines
Kubota last month used the UK LAMMA Show to test the water with its new 200hp, four-cylinder 09-series diesel engines.
Over the last few years Kubota has indicated it intends to become a major global player, and its 2015 results seem to confirm things are under way.
With a change to its fiscal year to end in December 2015, the final nine months showed sales of $US11.024 billion -- an increase of 9% over the same period in 2014. Export revenues rose significantly in North America from sales of compact tractors, and in Europe sales of tractors, construction gear and engines increased, though farm implements "stagnated", the company said.
Mechanisation increased in Asian countries, e.g. tractors and combines in Vietnam and China saw increased combine sales as the government reinstated subsidies; but sales in Thailand dropped because of a prolonged drought.
For the year 2016 the company is forecasting a rise in revenues of around 3.6%, driven by expansion in North America, Europe and Asia.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.
New Zealand farmers are committed to making their businesses more resilient to climate change and are embracing innovation to help them do so.
Atiamuri farmers Paul and Lesley Grey never gave up their dream of owning their own farm – and in 2020, that dream came true.
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