Argentina 2010/2011 crop reached 102.082 million tons of grains and oil seeds, a ‘historic record’, according to an official release from the Ministry of Agriculture.
Italy’s Fiat Industrial, through its affiliate CNH, will set up a plant in Argentina to manufacture powerful combines and specialty tractors destined for the Latin American market. The plant will create some 600 direct and 1,500 indirect jobs, CNH said in a statement on Tuesday.