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The company manufactures tractors under the brand names Farmtrac, Powertrac, and Steeltrac. [12] The first Escorts tractors were produced in 1961 based on Ursus license. [ 13 ] In 1969, a partnership with Ford was set up to produce licensed Ford tractors for India.
The tractor division began in 1975 as a part of Hyundai in cooperation with Yanmar of Japan. See GoldStar for more history. LG had tie-ups with Mitsubishi and Fiat/New Holland, , and sold tractors under the LG, LG-Fiat and LG-New Holland brands. They also built tractors for sale by LG Montana, TAFE, LongAgri and Farmtrac in North America.
Solectrac was an American tractor manufacturer based in Santa Rosa, California.It manufactures electric tractors for agricultural uses. The tractors are made as a zero-emission alternative to diesel tractors and can be charged by renewable energy, like wind and solar, and provide all the power of a comparable diesel tractor.
Escort manufactures produces construction and agriculture tractors in the 8-75 HP range and has already sold over 600,000 tractors. Its tractors are marketed under three brand names, Escort, Powertrac and Farmtrac. In 2020 Kubota acquired 10% of Escorts, and is selling 40% of Kubota Agricultural Machinery India (KAI) to Escorts.
Mahindra Tractors (India) Erkunt (Turkey)(part of Mahindra) ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%) Trakstar (formerly Mahindra Gujarat and Shaktimaan brands) Mancel (France) Majevica (Serbia) Massey Ferguson (US)(part of AGCO Corporation) McCormick Tractors (Italy)(part of ARGO SpA) Millat (Pakistan)
In 1977, KHIC (Korea Heavy Industries & Construction Co.) begins the production of tractors in collaboration with Fiat at the Gunpo plant. In 1983, Goldstar Heavy Industries (LS Mtron) acquired KHIC's agricultural machinery division. [5] Currently, LS Mtron has 4 factories in South Korea, Brazil, China and U.S. [6]