increase font size
Mostly associated with conventional tractor tyres, Indian tyre manufacturer Ceat is reported to have bought the Camso off-highway tyre and track business from Michelin for about US$225 million (NZ$400 million).
The deal gives Ceat global ownership of the Camso brand, which currently enjoys a strong position with its materials handling tyres, tractor and harvester tyres and tracks in both Europe and North America.
As well as widening its product base, the deal is also said to offer Ceat access to a global customer base of more than 40 international OEMs, including all the major brands and distributors.
While there was no mention of the deal at the recent Italian EIMA show in Bologna, Ceat management did talk of ambitious plans to grow its rubber track business to become a global player in the high margin off-highway segment, particularly with tractors and combines in Europe and North America.
Prior to the deal, the Indian manufacturer’s rubber track portfolio was limited to only two tractor and two harvester track offerings. It’s two plants making rubber tracks in Bombay will soon to be bolstered by the two Camso plants in Sri Lanka.
Michelin acquired Camso in 2018. In 2023, the Canadian-based company achieved revenues of approx. US$213 million (NZ$380 million), with the proposed deal subject to regulatory approvals from the relevant authorities.
Massey Ferguson has announced a strategic supply partnership with International Tractors Limited (ITL), a manufacturer of low-horsepower and compact tractors, with recognised brands such as Sonalika and Sollis, to expand its portfolio with a new tractor range.
With the biannual Italian EIMA machinery Expo less than a month away, Case IH has taken out a Technical Evolution award for the Advanced Vehicle Suspension system available on its Optum 360–440 series tractors.
The Advanced Vehicle Suspension system, available on Optum 360, 390, and 440 models, responds to changing conditions, automatically adjusting how the suspension reacts to absorbs shocks and controlling vehicle movement.
In operation, sensors monitor the vibrations transmitted from the tractor chassis to the operator cabin, allowing the system to adjust suspension damping in real time. The control system incorporates key priorities, such as comfort at lower speeds and stability as speed increases, while also reacting to factors such as lower tyre pressures, where the tyres absorb more of the initial shock.
Case IH said as suspension requirements change throughout the working day, as tractors move between the paddock and road transport, the system manages suspension response in the background as tasks, speeds and conditions change, leaving the operator without the need to make manual adjustments.
Richard Hollins, Optum series tractors global product manager, said: “Pioneering technology must earn its place in the working day. Farmers and contractors will judge an investment by what it delivers, including manageable ownership costs, dependable up-time and the versatility to tackle different jobs. With AVS, we are putting intelligent control to work for comfort and stability, without giving the operator another setting to manage.”
Organised by FederUnacoma, the Italian Agricultural Machinery Manufacturers Federation, the contest has been part of EIMA since 1986, with the Technical Evolution distinction awarded to products that introduce original improvements to solutions already manufactured or patented.
www.caseih.com
Becoming the norm in the automobile industry, but much less so in agriculture, Dutch self-propelled sprayer manufacturer Agrifac has developed a diesel-electric version of its Vanguard 55.
Building on the success of the existing Massey Ferguson 7S series, ahead of the upcoming EIMA Show, the manufacturer has announced the arrival of its new MF 7S MARK 2 range, offering six choices from 170 to 245hp, positioned between the current MF 7S and the MF 8S Xtra series.
French manufacturer Pichon has expanded its SV slurry tanker range with the launch of two new models.
OPINION: Political parties are getting plenty of advice and recommendations from sector groups as the election approaches.
In farming there are external factors that can influence behaviour of a whole herd, such as a bad weather event, triggering false positive heat detections or health attentions.
For Canterbury dairy farmer Cameron Henderson, supporting Meet the Need comes down to a simple question: how can the success of New Zealand farming benefit more than just those within the industry?
Fonterra board members are in line for a pay rise of around 3%.
Dairy processors are ready to further boost New Zealand’s export earnings but want the incoming government to match their ambition with good policy.
Federated Farmers has welcomed new rural policies released by ACT, saying they align closely with its own election priorities.
OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…
