Plans are being laid for the launch of a new AGCO Power engine family by the end of next year now that the powertrain operation’s headquarters unit in Finland has completed a two-year program of investments worth more than $128 million.
An expanded assembly plant with new production technologies and a logistics center are said to have been constructed in record time at the Linnavuori plant located 125 miles north of Helsinki in southern Finland.
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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.
