Mr. Young Nam, President of Branson Machinery in Rome Georgia, made an announcement that it will discontinue its discussions with Montana Tractors on a joint venture between two entities because of lack of economic support under the current business environment in the US.

Kukje Machinery, Parent company of Branson, also confirmed it will keep Branson Tractor as a main sales force in North American market and strengthen its customer services by appointing new team of management.

Mr. Nam, the newly appointed president of Branson, named Glen Ezell as a Vice President of sales and marketing. He stated that Mr. Ezell will lead “Team Branson” as Branson starts its “new beginning.”