AGCO Corporation

Image by Insa Osterhagen from Pixabay

• Founded: 1990 (as a spin-off from Deutz-Allis)
• Headquarters: Duluth, Georgia, USA
• Industry: Agricultural equipment and solutions
• Slogan: "For the farmers. For the people working for them. For ourselves. For the future."
• Website: https://www.agcocorp.com/

Products:

• Tractors (various sizes and types)
• Combines & Harvesters (for various crops)
• Implements (plows, planters, sprayers, etc.)
• Grain storage and handling equipment
• Precision agriculture technology
• Livestock equipment

Key facts:

• Global leader in the design, manufacture, and distribution of agricultural solutions
• Publicly traded company (NYSE: AGCO)
• Over 23,300 employees worldwide
• Over 3,100 dealer and distribution locations worldwide
• Market cap: $10.69 billion (as of March 4, 2024)

Unique aspects:

• Diverse brand portfolio: AGCO is known for its collection of strong and established brands, including Challenger, Fendt, GSI, Massey Ferguson, and Valtra.
• Focus on complete agricultural solutions: Unlike some competitors primarily focused on self-propelled equipment, AGCO offers a broader range of solutions, including grain storage and handling systems and livestock equipment.
• Commitment to innovation: AGCO actively invests in research and development to ensure its products and solutions are at the forefront of agricultural technology.

Business segments:

• Americas: Designs, manufactures, and distributes agricultural equipment for the North and South American markets.
• EME: Designs, manufactures, and distributes agricultural equipment for the Europe and Middle East markets.
• Asia: Designs, manufactures, and distributes agricultural equipment for the Asia-Pacific market.
• Precision Agriculture Solutions: Develops and delivers precision agriculture technology and services to help farmers optimize their operations.

Image by Photos_by_J_Neujahr from Pixabay

Additional information:

• AGCO is committed to sustainability and developing solutions that help farmers improve productivity while also protecting the environment.
• The company actively participates in corporate social responsibility initiatives and supports programs that benefit rural communities.