Word: lombardini
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Dates: during 1990-1999
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...company's harried managers hope to expand nonmilitary production under a three-year-old agreement with the German firm Hanomag to manufacture earthmoving equipment. ZTS Martin has also begun working under license from the Italian manufacturer Lombardini to produce tractor engines and other machinery. The company eventually plans to make 40,000 engines annually, but this year it will turn out fewer than 900. "In the first phase, new products don't bring profits," say Segla. "What we need are partners who have money and are willing to invest...
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