AGCO Corporation - Company Profile
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AGCO Corporation (AGCO) manufactures and distributes agricultural equipment and related replacement parts. It offers products such as tractors, self-propelled sprayers, combines, forage equipment, hay tools, tillage, and grain storage and protein production systems. The company distributes its products through a network of independent dealers and distributors across the world. It markets products under brand names such as Challenger, GSI, Massey Ferguson, Fendt and Valtra. AGCO also offers wholesale and retail financing services through its joint venture Cooperatieve Centrale Raiffeisen-Boerenleenbank BA. It operates in North America, South America, Europe, Africa, Asia, and Australia. AGCO is headquartered in Duluth, Minnesota, the US.
AGCO Corporation premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Tractors | High-Tech Solutions: | Challenger |
Combine Harvesters | AGCO Source | Fendt |
Hay and Forage | AGCO Electronic Diagnostic Program | Massey Ferguson |
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 |
---|---|---|
2024 | Contracts/Agreements | In April, the company and Trimble established a joint venture called PTx Trimble. |
2024 | Contracts/Agreements | In April, the company partnered with Zilliant for a global pricing program to expedite pricing for its highly configurable products. |
2024 | New Products/Services | In January, the company launched FarmerCore to deliver an advanced farmer and dealer experience. |
Competitor Comparison
Key Parameters | AGCO Corporation | Caterpillar Inc | Deere & Co | CNH Industrial NV | Kubota Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United Kingdom | Japan |
City | Duluth | Irving | Moline | London | Osaka-Shi |
State/Province | Georgia | Texas | Illinois | England | Osaka |
No. of Employees | 27,900 | 113,200 | 83,000 | 40,070 | 52,608 |
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 | 54 |
Damon Audia | Senior Vice President; Chief Financial Officer | Senior Management | 2022 | - |
Roger N. Batkin | Secretary; Chief Environmental, Social and Governance Officer; Senior Vice President; General Counsel | Senior Management | 2022 | 54 |
Viren Shah | Chief Digital and Information Officer; Senior Vice President | Senior Management | 2024 | - |
Kelvin Bennett | Senior Vice President - Engineering | Senior Management | 2021 | 55 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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