Articles tagged under: AGCO
AGCO Acquistion Accelerates Autonomous Activity
Published May 3, 2022
AGCO has acquired Winnipeg-based JCA Industries. JCA specializes in the design of electronic systems and software development to automate and control agricultural equipment.AGCO Has Stronger Q4 in 2021
Published February 10, 2022
Farm equipment manufacturer AGCO is reporting fiscal fourth quarter net income of $283.3 million on net sales of $3.15 billion. AGCO reports full year net income of $905 million on net sales of $11.14 billion. AGCO’s North American sales increased…AGCO Picks Up Fargo Tech Firm
Published December 22, 2021
AGCO has an agreement to acquire Fargo-based Appareo Systems. Appareo specializes in software engineering, hardware development and electronic manufacturing for use in agriculture and transportation. This deal is expected to be finalized in January.AGCO Farm Equipment Sales on the Rise
Published July 30, 2021
AGCO is reporting second quarter net sales of $2.9 billion, up over 43 percent from the same quarter in 2020. For the first six months of the fiscal year, North American tractor sales are up 22 percent and combine sales…Ag Equipment Industry Outlook Highlighted at Commodity Classic
Published March 4, 2021
The major ag equipment brands were represented in a virtual roundtable discussion at Commodity Classic. AGCO Vice President Bill Hurley addressed the customer’s 'right to repair.' Hurley said the issue is complicated by emissions and safety standards. "If something is…New Challenger Track Tractor
Published December 21, 2020
AGCO has introduced an all-new Challenger MT800 series of track tractors. The line up offers more horsepower efficiently while improving in-field performance. The MT800 series will be available in 2021.Increase in Q3 Sales for AGCO
Published November 7, 2020
AGCO, a farm machinery manufacturer, is reporting an 18.4 percent increase in its third quarter net sales over one year ago at $2.5 billion. Net income for the quarter is $158.1 million. AGCO Chairman and CEO Martin Richenhagen says AGCO’s…Planter Promoted at Plot Day
Published September 7, 2020
Butler Machinery showcased its lineup at a field day near Davenport, North Dakota Wednesday. Director of Ag Business Mark Madson cited the new design for the Fendt Momentum planter. "Compaction certainly becomes part of any conversation in row crops and…AGCO Reports Lower Q2 Net Income
Published August 2, 2020
AGCO is reporting second quarter net income of $60 million on gross sales of more than $2 billion. That’s down 42 percent from one year ago. Net income for the six months ending June 30 is reported at $126.3 million…