Reading Time: < 1 minute 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.
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
Reading Time: 4 minutes “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'
Reading Time: 2 minutes 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
Versatile tractor maker’s majority owner boosts stake
Russia's Rostselmash raises ownership to almost 97 per cent
Reading Time: < 1 minute 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 to move tillage equipment work to Winnipeg
Buhler to halt production at Vegreville next fall
Reading Time: 2 minutes 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
Reading Time: 2 minutes 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
One line, two brands?
Kubota and Versatile partner up to build a tractor
Reading Time: 3 minutes It’s been no secret that Winnipeg-based Versatile has had a new tractor line in development for the past several years. But maybe there’s more you need to know. Versatile has long been thought of as a producer of high-horsepower tractors. Historically, though, it has had a presence in a lower horsepower class with production of […] Read more
Buhler to build bigger Kubota tractors in Winnipeg
Reading Time: 2 minutes 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
Buhler cutting overhead to boost margins
Reading Time: < 1 minute 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
PHOTOS: Digging into tillage
New tillage tools on the market show manufacturers are finally setting their engineers free to rethink some of our most basic jobs
Reading Time: 3 minutes The steady advance in technology across the farm machinery sector has caught up with the design of good old-fashioned tillage equipment too. We’ve seen a steady stream of new and more sophisticated versions introduced this year from many brands. Take a look at just some of what debuted in the past 12 months. Versatile introduced […] Read more
A message from April Stewart, Country Guide's Associate Editor
