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Kubota's 2015 results seem to confirm things are under way.
Over the last few years Kubota has indicated its intention of becoming 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 which represented an increase of 9% over the same period in 2014.
Export revenues rose significantly in North America from sales of compact tractors, whilst in Europe tractor, construction and engines saw increases, although farm implements are said to have "stagnated".
Nearer home, increased mechanisation was the mood for many Asian countries with increases in tractors and combines in Vietnam; China saw increased combine sales brought about by a reinstatement of subsidies by government; Thailand saw sales drop as a result 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, and also re-confirming that it sees agricultural and industrial machinery sales as the core to its strategy in becoming a major global brand.
Ashburton-based Carrfields has announced that, from the New Year, it is officially authorised to sell Krone Forager Harvesters and Kubota Tractors across the Southland and Otago regions it represents.
Increasing its offering in New Zealand’s utility vehicle market, Kubota has unveiled its new RTV-X CAB and Long Bed models, purposebuilt to tackle tough farms, job sites and large-acreage properties.
Two of the South Island’s agricultural machinery dealers are undertaking strategic changes designed to deliver even greater specialist support to farmers.
Kubota has announced plans to start field testing the autonomous hydrogen powered fuel cell tractor it recently unveiled at Expo 25 in Osaka Japan.
Kubota is thrilled to unveil three new models at National Fieldays this week.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.
State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.
DairyNZ says Waikato farmers need certainty on Plan Change 1, but they say that certainty must be matched with practical, workable rules and a clear transition that doesn't get ahead of the new resource management system currently under review.
While the Government has moved quickly to make commercial hauliers' lot easier during the current fuel crisis, they appear to be stuck in the creep box when it comes to the agricultural industry.
Waikato farmers have been told that the Government’s new planning system legislation and the region’s Plan Change 1 (PC1) “won’t mesh together very well”.
