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Articles Tagged with ''AGCO''

AGCO Launches First Fendt Dealers in Africa

April 26, 2021 | Posted in Ag Equipment Worldwide

AGCO has announced the first group of Fendt dealers in Africa, spread across the diverse agricultural landscape of South Africa.

AGCO Halts Production in Germany Following Supplychain Issues

April 23, 2021 | Posted in Ag Equipment Worldwide

AGCO/Fendt is suspending production at its Marktoberdorf and Asbach-Bäumenheim, Germany, sites for seven working days starting April 22, 2021.

AGCO Hesston Plant Identified as COVID-19 Cluster for Second Time

March 10, 2021 | Posted in Ag Equipment Business

The facility recently reported 14 employees had tested positive for COVID-19, who the county said were isolating in their homes.

AGCO Announces Farmer-First Strategy

March 3, 2021 | Posted in Ag Equipment Business

AGCO today announced its farmer-first strategy designed to maximize value creation for its key stakeholders.

AGCO Addresses 'Misleading Statements' from Shareholder TAFE, Adds to Board of Directors

February 22, 2021 | Posted in Ag Equipment Business

AGCO additionally appointed a new Lead Independent Director, Mike Arnold, to demonstrate the Board’s commitment to "strong independent oversight, the rotation of Board leadership roles and the adoption of term limits for Board leadership positions."

AGCO Hesston Plant Shuts Down Amid Rising Natural Gas Prices

February 19, 2021 | Posted in Ag Equipment Business

According to a report from Wichita Business Journal, AGCO has slowed operations at the facility in Hesston, Kan., due to "rising natural gas prices in the area."

AGCO Reports 4Q20 North America Net Sales Down 10.2%

February 4, 2021 | Posted in Earnings Reports

AGCO reported net sales of approximately $2.7 billion for the fourth quarter of 2020, an increase of approximately 8.1% compared to the fourth quarter of 2019.

AGCO and Dana Strike Gold in European Tractor of the Year Contest

January 20, 2021 | Posted in Ag Equipment Worldwide

AGCO’s European tractor operations have been celebrating a near clean-sweep of category wins in the 2021 round of the Tractor of the Year award presented by 26 of Europe’s agriculture publications.

The Future of AGCO After Richenhagen

January 15, 2021 | Posted in Analysis & Commentary, Ag Equipment People

In August of last year, AGCO announced its CEO Martin Richenhagen would be retiring on Dec. 31, 2020, with Eric Hansotia, its then COO, assuming the CEO role. Ag Equipment Intelligence editors reached out to key analysts in the industry to see what impact Richenhagen had on AGCO’s direction, what successes he’ll be remembered for and how Hansotia will fill his shoes.

AGCO Announces New Investment in Argentina

December 15, 2020 | Posted in Ag Equipment Worldwide

AGCO has announced a new investment of $1 million in its factory of General Rodriguez, province of Buenos Aires, in Argentina.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

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.

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