Announced

International Tractors and Shandong Luyu Heavy Industry to form Luyulika Agri Machinery.

Synopsis

International Tractors, a manufacturer of farm machinery and equipment, and Shandong Luyu Heavy Industry, a manufacturer and distributor of industrial machinery equipment, to form Luyulika Agri Machinery. “We believe that this JV will be able to penetrate with Sonalika range of tractors in China. It shall also help us to offer the globally accepted engine technology of Sonalika to its customers," Yang Shao Jie, Shandong Luyu Heavy Industry Founder and Chairman.

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