AGCO Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Company Description
- CEO
- Eric Hansotia
- Full Time Employees
- 22,000
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Address
- 4205 River Green Parkway Duluth GA United States of America 30096-2568
- IPO Date
- Apr 16, 1992
- CIK
- 0000880266
- Website
- agcocorp.com
- Similar Companies
- Business
- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, delivers comprehensive solutions to farmers and OEM customers worldwide through its differentiated portfolio of brands including Fendt, Massey Ferguson, PTx, Valtra, Challenger, Fuse, Gleaner, Laverda, RoGator/TerraGator, Sunflower, Fella, and AGCO Power. The company offers a full line of tractors across low- to high-horsepower ranges; combine harvesters such as the Fendt IDEAL and Massey Ferguson models; hay and forage equipment including balers, mower conditioners, tedders, and rakes; self-propelled sprayers and application equipment; seeding, tillage, and planting implements; smart farming technologies for precision agriculture; grain storage, handling, drying, and protein production systems; as well as replacement parts and remanufactured engines. AGCO operates through an extensive independent dealer and distributor network, serving diverse customer segments from small-scale farmers to large commercial operations and contractors across North America, Europe, South America, Asia, and other regions; it maintains manufacturing facilities in the United States, Mexico, Brazil, China, Finland, France, Germany, Italy, and Hungary. Founded in 1990 through a management buyout of Deutz-Allis and headquartered in Duluth, Georgia, AGCO reported net sales of approximately $11.7 billion in 2024. Recent developments include a strategic supply partnership with SDF announced in early 2025, under which SDF manufactures proprietary Massey Ferguson utility tractors up to 85 horsepower for global markets starting mid-2025 to optimize costs, enhance competitiveness in emerging markets, and drive profitable growth through economies of scale; a €54 million investment in its AGCO Power division's Linnavuori, Finland plant opened in September 2025, expanding capacity for machining Continuously Variable Transmission components, cylinder heads for CORE engines, and remanufactured engines to support the circular economy and lower total cost of ownership for farmers; the divestiture of its Grain & Protein business—including GSI, Automated Production Systems, Tecno, Cimbria, and Cumberland brands—to American Industrial Partners completed in May 2025; and the formation of PTx Trimble joint venture following the 2024 acquisition of an 85% stake in Trimble's agriculture business for $2 billion to advance autonomous and precision technologies.
Company News
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