Saewook Chang, vice president of Dongkuk Steel Mill Co., Ltd, parent of Kukje Machinery Co., Ltd and Branson Tractors, Inc., and Ted Wade, Vice chairman & co-owner of Montana Tractors, LLC, announced the signing of a letter of intent for potential joint venture including the merger of Branson Tractors and Montana Tractors to form a North American entity to distribute farm tractors in North America.
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