The Korea Herald

피터빈트

LS Mtron gets $500m order for tractors

By Korea Herald

Published : Dec. 17, 2013 - 19:56

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LS Mtron Ltd. will provide tractors worth $500 million to Uzbekistan over five years starting in 2014, the South Korean company said Tuesday.

LS Mtron will supply 24,570 tractors of six different models to Agromash Sanoat Invest LLC, with manufacturing technologies that will allow the state-run agricultural machinery company to localize parts production for the tractors, the company said.

LS Mtron, a unit of LS Corp., a holding company, called the deal meaningful in tapping the Central Asian market. (Yonhap News)