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Archive for Friday, March 25, 2011

Hutchinson tillage, drilling equipment company sold to Kuhn Group of France

March 25, 2011

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— A 95-year-old Kansas company that makes tillage equipment and grain drills for large tractors has been bought by a French corporation.

Officials of Krause Corp. in Hutchinson shared the news Thursday with their 230 employees.

The buyer is Kuhn Group, headquartered in Saverne, France, with more than 3,500 employees worldwide. Kuhn designs, makes and markets a variety of agriculture equipment for livestock care, tillage, planting and other purposes.

The Hutchinson News reports that executives of Kuhn North America say they'll retain all employees of the Kansas company, which will be known as Kuhn Krause.

The purchase price has not been disclosed. Krause is a privately-held company that has been run by three generations of the Krause family since it was founded in 1916.

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