Since the dawn of time, man has continually used his ingenuity to develop and perfect the tools needed to feed and clothe himself and those around him.
Nippon.com is reporting that Kubota Corp. will release a rice planting machine with automated driving functions in October. Earlier this month, the company said that it was investing in a harvesting robot manufacturer based in the U.S.
According to Jiji Press, Kubota Corp. said it will spend some 9 billion yen ($83,250,083) to establish a research and development center for lawn mowers and utility vehicles in the state of Georgia.
In this podcast, we explore CNH Industrial’s steps into making 3-D printing for ag parts a reality, current and future trends in precision farming and how Dot Technology is making autonomous farming a possibility. Also in this episode, we discuss the latest earnings reports from Titan Machinery, Kubota Corp. and Art’s Way Mfg.
Kubota will have 60% ownership of the manufacturing joint venture, which is said to have an initial capacity of 50,000 units and the resources to jointly develop new products.
For the nine months ended Sept. 30, 2016, revenues of Kubota Corp. and its subsidiaries decreased by 73.6 billion yen ($683.7 million), or 5.9%, from the same period in the prior year to 1.18 trillion yen ($11.1 billion).
Diversity in its product range and in the markets it serves proved beneficial to Kubota Corp. last year as buoyant sales of compact tractors to homeowners in North America offset a decline in mid-size tractor sales.
On the heels of a 5.2% increase in revenues during its fiscal year 2015, Kubota Corp. says it plans to push ahead with further expansion into the large ag machinery market.
In its most recent earnings release, Kubota reiterated its medium-to-long-term plan to grow profits by moving into the row-crop and large tractor segment of North American and European markets.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.