AGCO Corp - Company Profile
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Business Description
AGCO Corp (AGCO) is an agricultural equipment manufacturing company that provides products to assist farmers, such as tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, and implements. AGCO's comprehensive range of equipment, smart farming solutions, and services supports sustainable agriculture, helping farmers feed the world. The company distributes its products through approximately 2,800 independent dealers and distributors across 140 countries. AGCO also offers retail and wholesale financing through joint ventures with Cooperatieve Rabobank U.A.
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R&D Overview
AGCO spends a considerable amount on engineering and applied research to improve the quality and performance of products, develop new products and comply with government safety and engine emissions regulations. The company have R&D centres in Germany, France, and Finland. In FY2025, the company incurred expenses of US$487.7 million on R&D activities, which as a percentage of revenue stood at 4.8%.
Product Categories
- Combines, Application Equipment and Other Machinery
- Grain Storage and Protein Production Systems
- Replacement Parts
- Tractors
Overview
Offers combine with a variety of threshing technologies and crop-harvesting heads that are used in harvesting grain crops such as corn, wheat, soybeans and rice. Application Equipment offers self-propelled, three- and four-wheeled vehicles and related equipment used in the application of liquid and dry fertilizers and crop protection chemicals before planting and after planting the crop. Other Machinery offers loader wagons, round and rectangular balers, self-propelled windrowers, forage harvesters, spreaders, rakes, tedders, disc mowers and mower conditioners, which are used for the harvesting and packaging of vegetative feeds used in the dairy, cattle, horse and renewable fuel industries. Also offers planters and other equipment used to apply fertilizer and plant seeds in the field.
Performance
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Overview
It offers seed-processing systems; egg production systems and broiler production equipment; grain storage bins and related drying and handling equipment systems; and swine and poultry feed storage and delivery, ventilation and watering systems. (The company sold its Grain & Protein business to American Industrial Partners on 01/11/2024)
Performance
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Overview
Offers replacement parts for all the products of the company. Maintains inventory and distributes through a network of master and regional warehouses throughout North America, South America, Europe, Africa, China and Australia.
Performance
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Overview
Offers high power tractors, utility tractors, and compact tractors. High horsepower tractors, ranging from 140 to 650 horsepower, are primarily utilized on large acreage farms for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations. Utility or mid-range tractors, with horsepower between 40 and 130, cater to small and medium-sized farms and specialty agricultural industries, including dairy and livestock operations, as well as orchards and vineyards. Compact tractors, which are under 40 horsepower, are ideal for small farms and specialty applications, including landscaping, equestrian activities, and residential uses, making them versatile tools for various agricultural and non-agricultural tasks.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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