AGCO Corp - Company Profile
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AGCO Corp (AGCO) is a designer, manufacturer, and distributor of agricultural machinery and precision agriculture technology. The company's main activities include providing innovative solutions for farming, such as tractors, combines, hay tools, forage equipment, and application equipment. AGCO's major products encompass high horsepower tractors, utility tractors, compact tractors, and a range of harvesting and planting equipment. It markets products under brands include Fendt, Massey Ferguson, PTx, and Valtra. The company's products serve farmers and Original Equipment Manufacturer (OEM) customers, supporting applications in row crop production, soil cultivation, and livestock management. The company operates across North America, South America, Europe, and Asia. AGCO is headquartered in Duluth, Georgia, the US.
AGCO Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Tractors | Advanced Technology Solutions | Fendt |
| Combines | Spare Parts and Services | Valtra |
| Self-Propelled Sprayers | Electronic Diagnostics Program | PTx |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company entered into an agreement to acquire a 49% stake in AGCO Finance LLC and AGCO Finance Canada, Ltd from Rabobank. |
| 2026 | Contracts/Agreements | In February, Fendt extended its multi-year partnership as the Official Tractor of the NHRA. |
| 2025 | Contracts/Agreements | In November, AGCO Power entered into a partnership with Valtra and launched a new CO₂ calculator concept. |
Competitor Comparison
| Key Parameters | AGCO Corp | Caterpillar Inc | Deere & Co | Kubota Corp | CNH Industrial NV |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Japan | United Kingdom |
| City | Duluth | Irving | Moline | Osaka | Basildon |
| State/Province | Georgia | Texas | Illinois | Osaka | Essex |
| No. of Employees | 22,000 | 118,000 | 73,100 | 52,503 | 34,197 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eric P. Hansotia | Chairman; Chief Executive Officer; President | Executive Board | 2021 | 56 |
| Damon J. Audia | Chief Financial Officer; Senior Vice President | Senior Management | 2022 | 54 |
| Roger N. Batkin | Chief ESG Officer; General Counsel; Secretary; Senior Vice President | Senior Management | 2022 | 56 |
| Ivory M. Harris | Chief Human Resources Officer; Senior Vice President | Senior Management | 2021 | 51 |
| Tim O. Millwood | Chief Supply Chain Officer; Senior Vice President | Senior Management | 2022 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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