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AGCO

“Market Cap $5.14 B As of May 2014

At a Glance

  • Industry: Heavy Equipment
  • Founded: 1990
  • Country: United States
  • CEO: Martin Richenhagen
  • Website: www.agcocorp.com
  • Employees: 22,100
  • Sales: $10.79 B
  • Headquarters: Duluth, Georgia

Forbes Lists

#1370 Global 2000

  • #906 in Sales
  • #999 in Profit
  • #1986 in Assets
  • #1926 in Market value
Profile

AGCO Corp. is a global manufacturer and distributor of agricultural equipment and related replacement parts. It designs, manufactures and distributes grain storage, handling equipment and protein production systems. The company also provides retail financing through its retail finance joint ventures. It offers a full line of tractors, combines, hay tools, sprayers, and forage and tillage equipment and related replacement parts. The company’s products are sold through four core brands, including Challenger, Fendt, Massey Ferguson and Valtra, which are distributed globally through independent dealers and distributors. AGCO markets and distributes farm equipment and replacement parts to farmers in all geographical segments through the network of independent dealers. The company was founded in 1990 and is headquartered in Duluth, GA.

“The AGCO Story

With roots firmly established in the farm equipment industry, AGCO has a brand heritage reaching back to the mid-1800s.  AGCO was established in 1990 with the purchase of Deutz Allis Corporation from German-based Kloeckner-Humboldt-Deutz AG. KHD, in turn, had purchased portions of the Allis-Chalmers agricultural equipment business five years earlier. Since that time, AGCO has become a worldwide farm machinery company through market growth, strategic acquisitions and cutting edge agricultural solutions.”

*Information from Forbes.com and Agcocorp.com

**Video published on YouTube by “agcocorp