Buhler Industries has replaced one of its Russian directors who was seen as a potential target for sanctions over Russia’s invasion of Ukraine. The company, which makes Versatile tractors and Farm King equipment, says its board of directors has accepted the resignation of Konstantin Babkin, who has served on Buhler’s board since the Russia-based farm… Read More

Update: As of late March 2, Buhler Industries has announced Konstantin Babkin, a potential target of Canadian government sanctions, has been dropped from the company’s board of directors. Read more here. Buhler Industries, the Manitoba-based farm equipment maker that is 97 per cent owned by Russian manufacturer Rostselmash, has launched a fundraiser to support the… Read More

Editor’s note: This article has been updated several times, with quotes from a statement issued by Buhler Industries on Thursday morning, details regarding new sanctions announced by the Canadian government Thursday afternoon, and quotes from Member of Parliament James Bezan. Canada’s response to Russia’s invasion of Ukraine could potentially affect Winnipeg, Man.-based tractor and farm… Read More

The only tractor manufacturer based in Canada is reporting a jump in sales in its year-end financials. Buhler Industries, which makes and sells Versatile tractors and Farm King equipment, says it saw gross revenue of $249.6 million in fiscal 2020, up from $229.1 million in 2019. The company says the increased sales were “a result… Read More

Buhler Industries is making another move to streamline production of its Farm King equipment lineup, on the heels of closing its plant in Fargo, North Dakota, in September. After moving production from Fargo to an existing plant at Willmar, Minnesota earlier this year to increase efficiency and reduce overhead costs, Buhler now plans to cease… Read More

Winnipeg-based tractor and farm equipment manufacturer Buhler Industries is shutting down one of its production facilities in the northern U.S., citing “unpredictability in the agriculture commodities market” and fluctuations in the exchange rate as reasons for the closure. The company behind Versatile and Farm King equipment says it will cease operations in Fargo, North Dakota,… Read More

 

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