On April 28, AGCO Corp. reported net sales of $1,579 million for the first quarter of 2009, compared to $1,786.6 million for the first quarter of 2008. AGCO’s North American sales grew by 12.7% in the period compared to the first quarter of 2008, excluding unfavorable currency translation impacts of 5.8%. In the North American region, stronger sales of balers and tillage equipment produced much of the improvement.
According to the company, the North American…
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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.
