ACE inks MoU with URSUS S.A.

Action Construction Equipment (ACE), India?s leading material handling and construction equipment manufacturing company, has entered into a memorandum of understanding (MoU) with URSUS S.A., one of the pioneers and leading company in tractors, agricultural machinery and electric buses, for localisation of their range of tractors based on Massey Ferguson-URSUS technology with the purpose of sourcing tractors and sub-assemblies from ACE and export to other parts of the world.