[Wcsa - Wowtimes - Almanac Events & Achievements 2023] Milestones of agricultural equipment manufacturing company AGCO Corporation in 33 years of operation (1990)

06-12-2023

(wcsa.world) AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

The company’s milestones: 

1990: AGCO is formed in the management buyout of Deutz-Allis from KHD and begins manufacturing and distributing farm equipment under the AGCO® Allis and Gleaner® brand names in North America.

 

 

1993: AGCO purchases the North American Massey Ferguson® product distribution rights, expanding the AGCO North American dealer network by more than 1,000 dealers.

1994: AGCO developed the Agcostar line of articulated tractors.

1998: AGCO made a joint venture with Deutz AG to produce engines in Argentina.

1999: AGCO announces the creation of AGCO FINANCE, a new and dedicated financing organization. Formed in association with De Lage Landen (DLL), a subsidiary of Rabobank, AGCO FINANCE's primary goal is to strengthen and enhance AGCO's wholesale and retail finance activities.

 

 

2001: Ag-Chem Equipment was based in Jackson, Minnesota and developed the TerraGator flotation-type and RoGator rowcrop-type applicators.

2008: AGCO, the Challenger, Valtra, and Massey Ferguson large row crop tractors were launched in Europe and North America respectively with AGCO's e3 Selective Catalytic Reduction (SCR) emission reduction technology.

2012: AGCO formed the Algerian Tractors Company joint venture with the Algerian brand Etrag with 49% ownership.

2018: AGCO opens a new plant in Queretaro, Mexico, to help expand operations in Mexico and Latin America. The AGCO Agriculture Foundation (AAF) also launches as a private foundation committed to food security and sustainable agricultural development.

 

 

2022: AGCO opens a new Digital Capability Center in Bangalore, Karnataka, India to expand AGCO’s IT and digital capabilities to deliver innovative, farmer-focused solutions.

According to agcocorp.com; en.wikipedia.org.  Source of photos: internet


Bee (Collect) - Source of photos : internet