Bobcat Discontinues OEM Tractor Agreement

Feb 14, 2013

Statement from Bobcat: Five years ago, Bobcat entered into the compact tractor market, using an outside vendor to manufacture the tractors, and branding the tractors under the Bobcat name. The five-year contract with our tractor supplier is ending, and we are not going to renew it. We have made the decision to exit the tractor business and focus on our core products.

Bobcat will continue to serve the acreage owner and personal use market segments with products like utility vehicles, utility work machines and skid-steer loaders. Bobcat is also a market leader in buildings and grounds and landscaping market segments. We will continue to serve those market segments with our core products.

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Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.