Under the terms of the agreement, Tarter will manufacture selected product lines from Feraboli for which Feraboli will provide its proprietary technologies and knowledge. These products will be distributed to Tarter's and Feraboli's customers throughout the United States.
As Josh Tarter, Vice President of Tarter Farm and Ranch Equipment stated in the company's recent press release, "The agreement is that kind in which everyone wins; Tarter Farm and Ranch Equipment will be able to leverage on the industry proven equipment and technology provided by Feraboli while furthering the business. On the other hand, Feraboli will further their business within the U.S. market. Feraboli is a 130-year-old Italian company making some of the top agricultural equipment in the industry. Tarter is a 66-year-old company based in Dunnville, Kentucky that has grown into one of the largest 3-point equipment manufacturers and distributors in the nation.
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Under the terms of the agreement, Feraboli will provide its proprietary technologies and knowledge on selected product lines to Tarter for manufacture and distribution to Tarter and Feraboli customers throughout the U.S. "This agreement further solidifies Tarter's position in the growing heavy ag market and further strengthens our position as a leading original equipment manufacturer for our customers here in the United States," says Josh Tarter, Vice President of Tarter Farm and Ranch Equipment. "We are able to immediately leverage the experience and technology of Feraboli's proven equipment in the ag industry. This agreement furthers our business, Feraboli's business, and the business of our heavy ag dealers. We feel like everyone wins with this arrangement."
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Tarter is currently completing a $3 million expansion in facilities and equipment in their heavy ag division. This expansion, along with this and other agreements, will lead to the creation of over 75 jobs in their Liberty, KY plant, which manufactures 3-point equipment, skid-steer attachments, snow removal equipment, construction equipment, and cattle-handling equipment. "These types of agreements and expansions are a key component of our ongoing strategy to provide affordable, high-quality, American-made ag and construction products to our private and OEM dealer networks," says Tarter. Tarter is actively seeking and setting up new domestic partnerships and channels for the Feraboli line of hay tools and other equipment.
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About Feraboli SpA
A 35,000 m2 large area where tradition fuses with the most modern technology. We are in Cremona, a city situated in the Po valley, a land which has always been inseparably attached to agriculture, where the soil has been ploughed with passion and devotion for generations.
150 employees work in the Feraboli factory, the facilities as well as part of the production activities are located in Via Bredina. Further processing operations that require utmost precision are carried out in the not far-away factory of Bonemerse.
