Deere & Company plans to acquire Ningbo Benye Tractor & Automobile Manufacture Co. Ltd., which is located in southern China, in order to expand small tractor manufacturing within the country.
Deere & Company plans to acquire Ningbo Benye Tractor tractor, in agriculture, vehicle used to pull such equipment as plows, cultivators, and mowers; to power stationary devices such as saws and winches; and to push snowplows and earth-moving implements. &
Automobile Manufacture Co. Ltd., which is located in southern China, in
order to expand small tractor manufacturing within the country. The
Deere announcement said the company will expand the product line now
offered to Chinese farmers The term Chinese farmer can mean one of two things: - Literally, a Chinese farmer is one who practices agriculture in China.
- In online role-playing games, a 'Chinese farmer
and enhance its worldwide capacity to produce
low horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts. tractors, specifically in the 20-50 horsepower range.
This will be in addition to the 60-120 horsepower tractors produced by
Deere at its joint venture China factory in Tianjin. Deere also has
tractor manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. in Jiamusi and Tiantuo. There are no
public details of the acquisition, which is expected to close later in
2007.
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