AGCO

Maker of agricultural equipment.

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Headquarters:
4205 River Green Parkway
Duluth, GA 30096
Employees: 14,300
CEO: Martin Richenhagen
Stock Symbol: AG

Website: http://www.agcocorp.com

AGCO Corporation is a world leader in manufacturing, marketing, and distributing of agricultural equipment. Its products include tractors, lawn mowers, combines, harvesters and tillers.

AGCO products are sold in 140 countries by 3,900 dealers. Its brand names include: AGCO, Challenger, Fendt, Gleaner, Hesston, Massey Ferguson, RoGator, Spra-Coupe, Sunflower, Terra-Gator, Valtra, and White Planters.

The company reported net income of $158.8 million in 2004 on $5.3 billion in revenues.

History

AGCO Corporation has a North American heritage that reaches as far back as the mid-1800s through many of its brands.

AGCO got its start in 1990 with the purchase of Deutz Allis Corporation from German-based Kloeckner-Humboldt-Deutz AG. KHD, in turn, had purchased the Allis-Chalmers agricultural equipment business five years earlier. Since that time, AGCO has become a worldwide farm machinery company through market growth and over 20 strategic acquisitions.

Updated July 18, 2005