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AGCO and Trimble |
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EPALLIS
Orange Level Joined: 12 Sep 2009 Location: Illinois Points: 1131 |
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Posted: 04 Apr 2024 at 8:49pm |
AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble's precision agriculture business and AGCO's JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the mixed-fleet precision agriculture market.
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darrel in ND
Orange Level Joined: 22 Nov 2009 Location: Hebron, ND Points: 8630 |
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That may explain a few changes in our trimble elogs that we in the trucks at work. Company said a few things would change due to new ownership of the company. I wonder if CaseIH still relies heavily on trimble, and if they do, how will it affect that business relationship.
Darrel |
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ryan(IN)
Orange Level Joined: 11 Sep 2009 Location: Bluffton,IN Points: 764 |
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Case bought Raven so they told Trimble to take a hike. |
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ryan
1984 8070 FWA,1979 7060,1975 7040,1971 190,1960 D-17D,1957 D-14, 196? D-19G, 1975 5040,1971? 160,1994 R62 |
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garden_guy
Orange Level Joined: 05 Jul 2013 Location: Illinois Points: 1133 |
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Interesting Ag news, thanks for sharing, I hadn't seen this come up yet!
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