AGCO could make a move into the dairy equipment sector as managers look for new revenues and ways of capitalizing on the organization’s global sales, distribution and after-sales support resources.
Martin Richenhagen, chairman, president and CEO, revealed the possibility of further diversifying the AGCO product range after informal talks with the chairman of Germany’s GEA industrial group regarding its WestfaliaSurge dairy equipment line.
“We won’t get into seeds and fertilizers, products that involve chemical processes,”…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
