AGCO and TAFE conclude commercial partnership with $260m share buyback
AGCO Corp has agreed with TAFE to resolve all outstanding disputes and matters related to their commercial relationship.
Tractor designs have come a long way: compare today's machines with the favourites of yesteryear like the MF 135 or the Ford 4000.
Nowadays these workhorses of the land have more exterior curves than Marilyn Monroe, and interior finishes that would make automobile makers cry.
One such 'modern' tractor, the Valtra T234 from AGCO, recently won a prestigious Red Dot Design Award for 2016, competing against 5200 entries from 57 countries judged by 41 independent design professionals from around the world.
The Valtra T4 series, resulting from seven years R&D, is the first of a new generation in which technical innovations and a whole new look are brought together.
The clean exterior lines look good, and underlying design work has focused on usability, ergonomics, safety, durability, serviceability and, ultimately, the productivity of the machine.
Incidentally, fourth-generation Valtra have also won international awards including Machine of The Year 2015.
Agrisea NZ has appointed Craig Hudson as it's new chief growth officer.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Tony Aitken, chief executive of Ruralco, has been awarded the Excellence in Business Leadership Award at the ANZ Business of the Year Awards.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.
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