Despite putting a factory expansion project on ice, managers at AGCO Corp.’s Fendt tractor unit in Germany are keeping ambitious growth targets firmly in their sights.
Building work, machine tool installation and logistics systems were already under way when the rapid decline in tractor demand hit last year and the program was put on hold.
“The Fendt Ahead2 project for expanding production capacity to 20,000 units will provide a realistic opportunity for Fendt’s continued sustainable…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
