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Prolonged drought in Australia and a downturn in agriculture in the US and Ukraine are affecting the European farm machinery sector.
Exel Industries, the owner of many spray machinery brands, eg Hardi, Tecnoma, Evrard and Agrifac, has closed two factories, at Noyers-Saint-Martin and Saint-Denis-de L’Hotel. Production will be transferred to Beaurainville and Epernay, respectively.
This consolidation into ‘centres of excellence’ will see Beaurainville focus on self-propelled sprayers sold under the Matrot, Evrard and Hardi brands. And Epernay will specialise in self-propelled units for Berthoud and Tecnoma.
The company’s factories at Belleville and Norre Alsley (Denmark) will develop and produce mounted and trailed machines for Berthoud/Tecnoma and the Hardi/Evrard brands, respectively.
The company says the restructure will allow it to focus more on the global brands to make them stronger, clearer and more distinctive.
The Evrard, Matrot and Berthoud brands will offer a range of premium products for large-scale arable farms, while Hardi and Tecnoma will be aimed at the mainstream market.
“This consolidation is not only designed to stimulate innovation and new product development, but to lower production costs and improve quality,” said group chief executive Guerric Ballu.
“The centres of excellence will also allow us to develop new technologies in precision agriculture, electronics, robotics and artificial intelligence.”
With adverse weather set to rain down on the Top of the South, the Bay of Plenty and parts of Northland, Agriculture Minister Todd McClay says farmers, foresters, and growers need to prepare for possible challenges.
OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try harder" report card on the red meat industry regarding its exports to China - particularly when compared to Australia.
More Australian states are embracing virtual fencing technology, opening growth opportunities for Kiwi companies like Halter.
Fonterra says its ongoing legal battle with Australian processor Bega Cheese won’t change its divestment plans.
Farmers in the Australian state of New South Wales will soon be able to use virtual fencing and herding technology to boost farm productivity.
Acclaimed fruit grower Dean Astill never imagined he would have achieved so much in the years since being named the first Young Horticulturist of the Year, 20 years ago.
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.
