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Escorts to exit US tractor assembly operations
Escorts Ltd will exit its tractor assembly operations in the US as the global economic slowdown has stifled demand for agricultural machinery in the world’s biggest economy. The company plans to appoint distributors for its tractors in the US instead of assembling them. These distributors will sell the completely built tractors, which will be exported from Escorts’ factory at Faridabad in Haryana.
Contact: Escorts Ltd. Tel: 0129-225 0222. Fax: 0129-225 0009. E-mail: escortsgroup@escortscorporate.com Website: www.escortsgroup.com
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