Winnipeg's Buhler Industries, which makes Versatile tractors, Farm King augers, and other farm implements, will be privately owned by a Turkish firm under a proposed deal.
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Buhler Industries going private
Winnipeg tractor and implement maker will be delisted from the TSX
Başak Traktör of Turkey looks to move Versatile brand forward
Buhler Industries announced the Turkish firm had bought its majority stake
“One of the keys for us was making sure we found a partner that was committed to preserving the Versatile and Farm King brands,” said Adam Reid, VP of sales and marketing at Versatile. “We wanted to make sure the viability of the plant here in Winnipeg and our staff was secure. And taking care of all of our stakeholders, the suppliers, shareholders.”
Buhler books bigger profit as supply chain issues pass
Company now seeking 'long-term investment partner'
The maker of Versatile tractors and Farm King equipment says the supply chain issues that have pressured its quarterly bottom line have begun to clear. Winnipeg-based Buhler Industries on Aug. 14 reported net income of $16.1 million on $67.6 million in revenue for its second quarter ending June 30, up from $1.1 million on $57.8 […] Read more
Hydrogen-powered tractor engines approach reality
Versatile says working with Cummins on a 15-litre engine is a good opportunity for the company to prepare for the future
Glacier FarmMedia – The first place farmers will see the 15-litre hydrogen engine being developed by Cummins will likely be in a Versatile tractor. “We’ve had a partnership with Cummins since the second year we were building tractors,” said Erron Leafloor of Versatile, which makes its tractors in Canada. “They’ve relied upon us a couple […] Read more
Versatile updates its high-horsepower tractor lineup
New models have more power
Glacier FarmMedia – Last summer, Canadian-based Versatile announced it had rejigged its high-horsepower tractor lineup for the 2022 model year. New model designations will debut with their respective engine ratings matching the new model numbers, except for the new, more powerful flagship 620, which offers slightly less at 616. The previous seven-model line of wheeled, […] Read more
Versatile tractor maker’s majority owner boosts stake
Russia's Rostselmash raises ownership to almost 97 per cent
The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler, […] Read more
Versatile tractors receive ‘mid-cycle refresh’
Deltatrack and large-frame four-wheel-drive tractors come with same engine but have been tweaked to deliver more power
Glacier FarmMedia – Versatile DeltaTrack and large-frame, four-wheel-drive tractors have been updated with more power and comfort for the 2022 model year. “It’s a mid-cycle refresh,’’ said Adam Reid, vice-president of sales and marketing at Versatile. The tractors come with the same 15-litre Cummins engine that Versatile has used since 2007, but they have been […] Read more
How to design a tractor, part 2
A continuing look at the development of a new Canadian-produced tractor
Glacier FarmMedia – After Buhler Industries took over the original Versatile assembly plant in Winnipeg from New Holland in 2000, tractors sporting the Versatile brand name once again appeared on the market. Although the company inherited the four-wheel drive and Genesis tractor line along with the Winnipeg factory, both lines were dated and needed upgrades. […] Read more
Versatile to move tillage equipment work to Winnipeg
Buhler to halt production at Vegreville next fall
The company that makes Versatile tractors and tillage equipment is set to consolidate those product lines at its plant in Winnipeg, pulling the work out of its plant in east-central Alberta. Farm equipment maker Buhler Industries announced Friday it will halt production at the former Ezee-On manufacturing plant at Vegreville, Alta. in September 2021 and […] Read more
Buhler to halt Farm King manufacturing at Fargo
Work to move to company's Minnesota plant
Farm equipment maker Buhler Industries plans to gather its U.S. manufacturing work into one plant in Minnesota this summer and halt operations at nearby Fargo, N.D. The Winnipeg company, whose product lines include Versatile tractors and sprayers and Farm King application, tillage and hay equipment, said Monday it’s “optimizing” its U.S. production to boost efficiency […] Read more
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