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Tag Archives Farm King

(Versatile-ag.com)
General, Machinery

Başak Traktör of Turkey looks to move Versatile brand forward

Buhler Industries announced the Turkish firm had bought its majority stake

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“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 Industries’ Versatile Nemesis 235 tractor. (Versatile-ag.com)
General, Machinery

Buhler books bigger profit as supply chain issues pass

Company now seeking 'long-term investment partner'

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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
Adam Reid. (Photo courtesy Buhler Versatile)
Crops, Machinery

Ag equipment firm Buhler Industries shakes up board table

Rostselmash's Babkin steps down, founder Buhler to retire

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Board oversight of Winnipeg farm equipment manufacturer Buhler Industries will now include another of the company’s upper managers, as a co-owner of the company’s Russian parent firm and the company’s founder both step down. Buhler’s board announced Wednesday it has accepted the resignation of Konstantin Babkin, the president and co-owner of Russian holding company Novoe […] Read more
Buhler Industries board member Konstantin Babkin, shown here at left with the company’s then-president Dmitry Lyubimov during a visit to the company’s facility in Winnipeg in 2007, is seen as particularly vulnerable to sanction from Canada. (File photo by Dave Bedard)
Crops, Machinery

Equipment maker Buhler distances self from Ukraine invasion

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A Winnipeg farm equipment manufacturer is distancing itself from Russia’s invasion of Ukraine. Buhler Industries, which manufactures the Versatile tractor line and Farm King equipment, is majority-owned by the Russian firm Combine Factory Rostselmash. That firm purchased an 80 per cent stake in Buhler in 2007 and boosted that to 97 per cent ownership in […] Read more
Russia’s Rostselmash in November 2021 launched a new Delta Track line of heavy-duty tractors, based on a similar line made at the Buhler plant in Winnipeg. (Rostselmash.com)
Crops, Machinery

Versatile tractor maker’s majority owner boosts stake

Russia's Rostselmash raises ownership to almost 97 per cent

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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
(Farm-King.com)
Crops, Machinery

Buhler pulls Farm King manufacturing back to Canada

Work to halt at Minnesota plant early next year

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Winnipeg farm equipment maker Buhler Industries is relocating its Farm King manufacturing work back to Canada from the U.S. this winter. After consolidating its U.S. manufacturing this summer into one plant at Willmar, Minn., about 140 km west of Minneapolis, the company said Thursday it will also halt production at Willmar in early 2021. Buhler, […] Read more
Buhler Industries’ plant at Willmar, Minn., which today makes Versatile high-clearance sprayers, will take up more product lines as the company shuts its Fargo, N.D. facility. (Versatile-ag.com)
Crops, Machinery

Buhler to halt Farm King manufacturing at Fargo

Work to move to company's Minnesota plant

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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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