Argo Tractors is a family-owned manufacturing company that specializes in the production of tractors. They are committed to providing high-quality products that are engineered, developed, manufactured, and distributed across more than one hundred countries worldwide. With two historic brands, Landini and McCormick, Argo Tractors has established a longstanding relationship with DLL since 2001, expanding their cooperation to countries such as the US, Canada, Chile, Germany, France, UK, Ireland, Spain, and Portugal.
Challenges in the Agriculture Industry
2023 promises to be a challenging year for agro-mechanical industry, with the uncertainties caused by the international crisis and the increase in the price of materials and energy. However, Argo Tractors is keenly aware of the key role it plays in the sector and is equipped with the necessary tools to continue its activity with determination and success, supporting the market, customers, suppliers, and the whole community.
Argo Tractors shared some insights into the challenges they face as a manufacturer and the future trends they anticipate in the agriculture industry. From a manufacturing viewpoint, the main challenge is to keep investing in process and product evolution due to the regulatory changes in the industry, particularly regarding emissions. The engine emissions standard evolved from tier 0 to 5, which requires manufacturers to invest heavily in product development.
From a customer viewpoint, the main challenge is productivity, which has become increasingly important due to 20 years of consolidation in the size of farming. Argo Tractors noted that the main evolution in their business will not only be connected to the product, but also to the digitalization of agriculture, which includes the capability of the farmer to use data to increase his own productivity, stay profitable, and keep investing in the farming operations.
Partnership with DLL
"Back in 2009, we made the strategic decision to switch our financing partner in Spain from our previous provider to DLL. Having enjoyed a positive relationship with DLL in other countries since 2001, we were keen to strengthen and enhance our presence in the Spanish market," explained Simeone Morra, Corporate Business Director at Argo Tractors.