LS Tractor awarded Tractor of the Year 2017 in Brazil
LS Tractor awarded Tractor of the Year 2017 in BrazilLS Tractor has been selected as the 2017 Brazilian tractor of the year.The selection was conducted by ABIMAQ (Brazilian Association of Agricultural Machinery) and Agrishow of Brazil. The evaluation was conducted by a team of professors from the College of Agriculture and an Internet popularity vote, and the LS U60 cabin model was finally selected for the 100 horsepower category.At this event, which selected the best tractor for each horsepower band,LS Tractor got the highest score over competitors such as John Deere, New Holland and Massey Ferguson.This award will be an opportunity to be recognized by LS Tractor's technology and quality globally. Please pay attention to the progress of LS Tractor who has challenged the world as a global manufacturer of agricultural machinery.
LS Mtron targets to ship $15 mn worth tractors to Iran in 2017
LS Mtron Ltd., machinery arm of South Korean conglomerate LS Group, has set a target to ship $15 million worth tractors to Iran next year in hopes to expand to the Middle East and Africa. The machinery maker said on Thursday that Iran’s Deputy Agriculture Minister Abbas Keshavarz and Adineh Group Chairman Sharifi met with LS Group Chairman Koo Ja-yeol and LS Mtron Vice Chairman Koo Ja-eun in Korea to discuss various measures to cooperate to manufacture tractors in Iran. The Iranian heads’ meeting with the Korean company was held as a follow-up to the memorandum of understanding signed between LS Mtron, the Iranian agriculture ministry and Iran’s largest private company Adineh Group in May to join hands to supply agricultural equipment and manufacture them in Iran. The group chairman Koo visited Iran as a part of economic mission accompanying Korean President Park Geun-hye during her state visit to Iran in May. LS Mtron’s tractor shipments to Iran grew from $2 million in value in 2014 to $7 million last year, and it aims to expand the tractor shipments to Iran up to about $150 million next year. Iran is the largest tractor market in Middle Eastern and African regions, with annual sales of tractor reaching about 20,000 units. About 60 percent of arable lands in Iran are still left undeveloped, and local agricultural machines that the country’s tractor maker supplies are outdated being about 30 years old while occupying 80 percent of the country’s total tractor market. The outlook for the Iranian agricultural equipment market is bright with high growth potential, the company said. Making an advancement into the Iranian market is meaningful as the international agricultural equipment giants such as John Deere of the United States still struggles to penetrate into the market, said LS Mtron CEO Lee Gwang-won, adding that the company expects Iran would provide a stepping stone for other Middle Eastern and African markets.
2016 Dealers Choice Award for Tractor Manufacturer is LS Tractor!
We are proud to announce - LS Tractor Awarded 2016 EDA Dealer Choice Award?AgainFor the second year in a row, LS Tractor has been awarded the Equipment Dealers Association (formerly the NAEDA) Dealer’s Choice Award for 2016. LS ranked first in 11 of 12 operational categories among all other tractor manufacturers (and second in the 12th category), confirmation we are delivering on our commitment to deliver exceptional service, support and satisfaction. We are honored and extremely appreciative our dealers who recognize and appreciate our efforts.