New farmer-focused solutions from AGCO Parts, Fendt, Precision Planting and PTx Trimble recognized for innovation and engineering excellence.
DULUTH, Ga., Jan. 7, 2025 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, won five 2025 AE50 awards from the American Society of Agricultural and Biological Engineers (ASABE). Each year, ASABE recognizes products from the agricultural, food and biological industries for innovation, engineering advancement and market impact. AGCO's 2025 awards include offerings from its AGCO Parts, Fendt®, Precision Planting® and PTx Trimble™ branded products, demonstrating quality across the company's product lines and confirming AGCO as a leading innovator of agriculture solutions.
Farmer-First Strategy Delivering Value for Farmers and Generating Higher Through-the-Cycle Returns for Shareholders
NEW YORK, Dec. 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced new financial targets to investors at its 2024 Analyst Meeting as it remains focused on driving enhanced durability and profitability through the cycle.
Montana operator recognized for professionalism, agronomic skills and continuous service to area farmers and community
DULUTH, Ga., Dec. 16, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, named Randy Bauwens of Town & Country Supply Association in Laurel, Montana, its 2024 Operator of the Year at the ARA Annual Conference & Expo in Houston on December 4. The annual award honors application professionals for their skills, dedication and service to their customers and local communities.
DULUTH, Ga., Dec. 10, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced Bob Crain, Senior Vice President (SVP) and General Manager, Grain & Protein, will retire at the end of December 2024 after nearly 19 years of dedicated service to AGCO and more than 30 years' experience in the agricultural equipment business.
DULUTH, Ga., Dec. 4, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrated the grand opening of the AGCO Technician Training Center at Parkland College in Champaign, Illinois. The new 22,000 square-foot facility is the home of the school's AGCO Agriculture Service Technician Associate in Applied Science (A.A.S.) degree program, which provides instruction specific to the company's popular machinery and precision ag technologies. Made possible by a $5 million donation from AGCO Corporation, this advanced training center is set to revolutionize diesel technology education and address the critical shortage of skilled technicians in the agricultural industry.
Funds Will Support Georgia's Farmers Recovering from Hurricane Helene's Devastating Impact
DULUTH, Ga., Nov. 4, 2024 /PRNewswire/ -- AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, donated USD $50,000 to the Georgia Foundation for Agriculture to support the Weathered But Strong: Hurricane Relief Fund. This relief fund initiative, led by over 40 of Georgia's top agricultural organizations, including the Georgia Agribusiness Council and the Georgia Department of Agriculture, is dedicated to helping farmers recover from the severe damage caused by Hurricane Helene.
Rebranded Grain & Protein Technologies, the new standalone entity will be led by accomplished industrial manufacturing leader Jacob Thomas
NEW YORK and DULUTH, Ga., Nov. 1, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), an industrials investor, today announced the completion of its acquisition of AGCO Corporation's (NYSE: AGCO) Grain & Protein division, which produces grain storage and seed processing solutions as well as feeding, watering, climate management and control systems for worldwide protein production, principally poultry, swine, and egg. In conjunction with the transaction close, it was announced that the new standalone, privately held business will now operate under the name Grain & Protein Technologies ("the Company") with Jacob Thomas serving as CEO.
DULUTH, Ga., Nov. 1, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has completed the previously announced divestiture of the majority of its Grain & Protein business to American Industrial Partners ("AIP") effective November 1, 2024, in an all-cash transaction valued at approximately $700 million.
DULUTH, Ga., Oct. 24, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on December 16, 2024, to all stockholders of record as of the close of business November 15, 2024.
DULUTH, Ga., Oct. 14, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its third-quarter 2024 earnings release conference call is scheduled for Tuesday, November 5 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section.
DULUTH, Ga., Oct. 3, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is pleased to announce the launch of the AGCO Employee Relief Fund.
Underscoring AGCO's commitment to enhancing its employee health and wellbeing offerings, the fund provides rapid assistance in the wake of significant crisis events such as natural disasters.
The Foundation Seeks Proposals from Nonprofits to Support Youth-Led and High-Impact Innovations for Sustainable Agri-Food Systems
DULUTH, Ga., Oct. 1, 2024 /PRNewswire/ -- Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, is seeking applications for its grant program. For this Call for Applications for Grant (CAG), the Foundation is primarily focused on funding requests that support the next generation of leaders in agriculture, helping them to develop innovative solutions for agri-food systems.
DULUTH, Ga., 1. Oktober 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), ein weltweit führendes Unternehmen in der Entwicklung, der Fertigung und dem Vertrieb von Landmaschinen und Präzisionsagrartechnik, gab heute als Reaktion auf das Schreiben von Tractors and Farm Equipment Limited („TAFE") die folgende Erklärung ab:
Die Interessen von TAFE sind grundlegend anders gelagert als die der Aktionäre von AGCO, und das heutige Schreiben ist lediglich ein neuer taktischer Schritt in einer laufenden, eigennützigen Kampagne. Das Schreiben von TAFE wurde veröffentlicht, kurz nachdem (i) AGCO vor dem Obersten Gerichtshof Indiens erfolgreich gegen die Bemühungen von TAFE vorging, die Schlichtung einer seiner Handelsstreitigkeiten zu umgehen, und (ii) AGCO TAFE aufgrund von unangemessenen und nicht autorisierten Handlungen seitens TAFE mit sofortiger Wirkung das Recht entzogen hatte, die Marke Massey Ferguson zu verwenden und Massey-Ferguson-Produkte in Indien und anderen Ländern zu vertreiben.
DULUTH, Ga., Sept. 30, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today issued the following statement in response to the letter issued by Tractors and Farm Equipment Limited ("TAFE"):
TAFE's interests are fundamentally misaligned with AGCO shareholders, and its letter today is just the latest tactic in its ongoing, self-serving campaign. In fact, TAFE's letter was issued shortly after (i) AGCO prevailed at the Indian Supreme Court against TAFE's efforts to avoid arbitrating one of its commercial disputes, and (ii) AGCO's immediate termination of TAFE's right to use the Massey Ferguson trademark and distribute Massey Ferguson products in India and other countries following TAFE's inappropriate and unauthorized actions.
DULUTH, Ga., Sept. 30, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today issued the following statement in response to the letter issued by Tractors and Farm Equipment Limited ("TAFE"):
TAFE's interests are fundamentally misaligned with AGCO shareholders, and its letter today is just the latest tactic in its ongoing, self-serving campaign. In fact, TAFE's letter was issued shortly after (i) AGCO prevailed at the Indian Supreme Court against TAFE's efforts to avoid arbitrating one of its commercial disputes, and (ii) AGCO's immediate termination of TAFE's right to use the Massey Ferguson trademark and distribute Massey Ferguson products in India and other countries following TAFE's inappropriate and unauthorized actions.
Available for order in August 2024, the 600 Vario strikes the perfect balance between power and versatility.
At a Glance: the Fendt® 600 Vario® Tractor
Available in four models (614 Vario, 616 Vario, 618 Vario and 620 Vario) ranging from 149 to 209 rated-engine hp.Includes the newly developed 4-cylinder, 5-liter AGCO Power™ CORE50 engine featuring the Fendt iD™ low-speed concept for maximum torque at low rpms.VarioDrive™, the next generation of Fendt's famous continuously variable transmission (CVT), provides maximum tractive force while increasing ground protection.Optional VarioGrip™ automatic tire pressure control system adjusts tire pressure to reduce slippage and maximize ground pressure, leading to optimal efficiency.The FendtONE™ operator station provides comfortable, customized operation and integrates office and field data for the most efficient operation on the market.DULUTH, Ga., Aug. 26, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 12th Annual Morgan Stanley Laguna Conference on Thursday, September 12, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 3:45 p.m. Pacific Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company's Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.
MF 9S SERIES HELPS FARMERS WHO DEMAND MORE ACHIEVE A BETTER OVERALL COST OF OWNERSHIP
DULUTH, Ga., Aug. 26, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, today announced the North American debut of the Massey Ferguson® 9S Series tractor. Designed with the farmer in mind, the MF 9S Series offers dependability and efficiency to help farmers achieve a lower overall cost of ownership. Massey Ferguson will showcase the MF 9S Series during the 2024 Farm Progress Show in Boone, Iowa, on August 27-29.
DULUTH, Ga., Aug. 23, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will launch new products and highlight its many farmer-focused solutions at the 2024 Farm Progress Show in Boone, Iowa, on August 27-29. Alongside new tractors from its Fendt® and Massey Ferguson® brands, AGCO's exhibit will feature displays from PTx Trimble™, Precision Planting®, FarmerCore™ and a host of entertaining events throughout the show.
DULUTH, Ga., Aug. 23, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in Citi's 2024 Global TMT Conference on Thursday, September 5, 2024. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Officer, at 11:40 a.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company's Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.
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