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Re:FarmTrac
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Posted by danny h2 on March 16, 2007 at 09:25:48 from (24.248.193.103):
In Reply to: Is FarmTrac Junk??? posted by Bob Lee on March 16, 2007 at 07:20:00:
Farmtrac North America, LLC is a subsidiary of Escorts Limited � an Indian Engineering conglomerate involved in manufacturing of Tractors, Construction & Material Handling Equipment and Automotive Components. Escorts currently owns 75% of Farmtrac North America, LLC which it acquired in a series of equity investments starting 1999. The company was originally incorporated in 1946 as Long Mfg. N.C. Inc. and has been in business in United States for nearly six decades. Farmtrac currently distributes its products through a network of 300 dealers spread in 32 states. Under a $10 million Business Process Re-engineering Project started in mid-2004, Farmtrac is in the process of upgrading and expanding its manufacturing facilities at Tarboro to triple its manufacturing capacity using Quick Response Manufacturing (QRM) as its core philosophy. Other than John Deere, New Holland, AGCO and Kubota, Farmtrac is the only tractor company that has invested in manufacturing facilities in United States � making investments which are so very necessary to become a major player in United States. Over the next twelve months, Farmtrac would be focusing on a substantial expansion of its distribution network not just in United States but also into Canada and Latin America. Over the next few years, Farmtrac has set a strategic target to evolve as a major player on the North & South American continents.
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