Kubota’s highest-horsepower tractors yet for the North American farm market are going to be made in Canada. Winnipeg manufacturer Buhler Industries, the maker of Versatile tractors, on Thursday announced a “long-term” original equipment manufacturer (OEM) deal with Japan’s Kubota Corp. to “develop and produce a new tractor platform in the mid-range front-wheel assist segment.” For […] Read more
Tag Archives versatile
Buhler to build bigger Kubota tractors in Winnipeg
Buhler cutting overhead to boost margins
Tractor and farm equipment maker Buhler Industries has added financing from its majority owner to a regime of cost cuts in a bid to lift its quarterly results out of the red. Citing “depressed” sales due to “weak” commodity prices, the Winnipeg company on Thursday booked a net loss of $4.4 million on $57.3 million […] Read more
Morriss, Pakosh, Streichs named to ag hall of fame
The Manitoba farmers who developed the rotary separator for combines, the co-founder of Versatile and the long-time editorial director for the website you’re reading are bound for Manitoba’s Agricultural Hall of Fame. The hall of fame on Monday unofficially announced its 2018 group of inductees, ahead of its annual meeting Wednesday in Portage la Prairie […] Read more
Equipment firm Buhler’s year-end ledger improves
Improved sales in the North American market have helped push the 2017 results for Canadian farm equipment maker Buhler Industries back into the black. The Winnipeg-based company, which makes Versatile tractors and Farm King implements, on Friday booked year-end net income of about $500,000 on gross revenue of $312 million, up from a $2.7 million […] Read more
Buhler trims net loss, expects improved sales
Strong sales of a limited-edition tractor line helped offset tighter margins and generally lower demand in fiscal 2016 for farm equipment manufacturer Buhler Industries. The Canadian company last Thursday booked a net loss of $2.7 million on $274.1 million in sales for its year ending Sept. 30, 2016, up from a $5.3 million loss on […] Read more
Equipment maker Buhler books year-end loss
Weak commodity prices and political unease in Eastern Europe have led to a year-end loss for Canadian farm equipment and Versatile tractor maker Buhler Industries. Winnipeg-based Buhler on Tuesday reported a net loss of $5.3 million on revenues of $245.7 million for its year ending Sept. 30, down from a $12.5 million profit on $325.5 […] Read more
Ag equipment maker Buhler cutting production, staff
Winnipeg farm equipment manufacturer Buhler Industries is reducing its workforce and paring back production ahead of an expected drop in farm incomes. The company, whose brands include Versatile tractors and Farm King implements, announced its first-quarter financials Friday for the period ending Dec. 31, booking net profit of $1.5 million on fourth-best quarterly revenue of […] Read more
Buhler books near-record sales
Winnipeg tractor and farm equipment maker Buhler Industries logged 2014 as its third-biggest sales year ever, but expects lower commodity prices to weigh on next year’s results. Buhler last Wednesday reported year-end profit of $12.5 million on $325.5 million in sales, down from its record net ($19.9 million on $340.3 million in sales) in 2013 […] Read more
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