John Deere to acquire carbon fiber manufacturer King Agro
Deere & Company has signed a definitive agreement to acquire King Agro a privately-held manufacturer of carbon fiber technology products.
.png;width=70;height=70;mode=crop;format=webp)
Deere & Company (Moline, IL, US) announced March 2 it has signed a definitive agreement to acquire King Agro (Valencia, Spain), a privately-held manufacturer of carbon fiber technology products with headquarters in Valencia, Spain and a production facility in Campana, Argentina.
"This transaction provides John Deere customers the chance to benefit further from King Agro's unique knowledge, designs and expertise in carbon fiber technology," says John May, president of agricultural solutions and chief information officer at John Deere.
In 2015, John Deere and King Agro agreed to develop and distribute carbon fiber booms for John Deere application equipment in agriculture, offering growers the advantages of carbon fiber's versatility, strength and durability in self-propelled spraying equipment.
May said the transaction will provide benefits in sharing best practices in product development, manufacturing, technology, as well as in scale as King Agro builds on a history of innovation. King Agro will retain its brand name, trademark and commercial relationships.
Related Content
-
Carbon fiber in pressure vessels for hydrogen
The emerging H2 economy drives tank development for aircraft, ships and gas transport.
-
Cryo-compressed hydrogen, the best solution for storage and refueling stations?
Cryomotive’s CRYOGAS solution claims the highest storage density, lowest refueling cost and widest operating range without H2 losses while using one-fifth the carbon fiber required in compressed gas tanks.
-
One-piece, one-shot, 17-meter wing spar for high-rate aircraft manufacture
GKN Aerospace has spent the last five years developing materials strategies and resin transfer molding (RTM) for an aircraft trailing edge wing spar for the Airbus Wing of Tomorrow program.
