ERJ staff report (TB)
Duluth, Georgia - Trelleborg Wheel Systems S.p.A. and farm vehicle producer AGCO Corp. are strengthening their decade-old relationship, agreeing to cooperate on developing tyres for AGCO's range of Challenger-, Fendt-, Massey-Ferguson- and Valtra-brand vehicles.
â€œÂ´The new partnership is a natural evolution of the experience both companies have gained and strengthens the positioning of both brands,â€ said Stefano Bettinelli, OE director at Trelleborg's agricultural and forestry tyres division. â€œIts main objective is the development of innovative solutions that anticipate the needs of agricultural specialists.â€
The deal calls for some of AGCO's tractors to be equipped with Trelleborg tyres. Financial terms of the â€œlong-term collaboration agreementâ€ were not disclosed.
The deal is similar to one AGCO signed last year with Group Michelin. That arrangement called for the firms to work together to improve in three areas: research and development, marketing and suppy chain, Michelin said at the time.
Trelleborg said the AGCO agreement â€œillustrates the desires of both companies to continue investing in specialization, focusing on innovation, quality and excellent customer service.â€
Founded in 1990, AGCO offers tractors, combines, hay tools, sprayers, tillage equipment and implements, and related replacements parts. It reported sales of $8.4 billion in 2008.
From Tire Business (A Crain publication)