South Korea's agricultural machinery company TYM Corp. announced on Tuesday that it has won a bid project by the Philippine government to supply tractors, exporting 900 units to the local farms.
The Philippine government chose the company's 5825R model for its superior performance in local farming conditions and plans to complete distribution within the first half of this year.
According to the company, Southeast Asia's agricultural machinery market has been dominated by Japanese companies for more than 30 years.
Daedong tractor (Courtesy of Daedong) Exports of South Korean tractors hit a fresh record high for the second consecutive year in 2022, according to Korea Customs Service on Jan. 24. Korea's leading agriculture equipment makers such as Daedong Corp. and TYM Corp. are ramping up their manufactur
An aerial view of the TYM factory grounds in Georgia, US (Courtesy of TYM) South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its business in the world’s second-largest agricultural producer.TYM Cor