Tractor firm looks outside UK
2 April 2012
The producer of Massey Ferguson tractors is seeking suppliers from mainland Europe in a bid to keep costs down and ease margins.
The producer of Massey Ferguson tractors is seeking suppliers from mainland Europe in a bid to keep costs down and ease margins. Robert Ratliff, chairman of Agco, the US company that produces the tractors from its Coventry plant, blames the high cost of the pound against the euro for having to look for suppliers outside the UK. More than 70 per cent of production...