Table of Contents
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01EXECUTIVE SUMMARY
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02OPERATING RESULTS
- Net Sales by Geographic Location
- AGCO Corporation Sales by Product
- Segment Sales and Operating Income
- Manufacturing and Other Facilities
- Marketing and Distribution
- Corporate Leadership
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03CORPORATE STRATEGY
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04PRODUCT ANALYSIS
- AGCO Corp: Brands and Products
- North American Machinery Sales
- North American Machinery Production
- Farm Tractors
- Harvesting Combines
- Sprayers
- Other Implements
- Parts
Executive Summary
AGCO is a leading manufacturer and distributor of agricultural equipment and related replacement parts throughout the world. It provides farming technologies in addition to farm equipment. Although it is an American publicly held company, most of the equipment it makes and sells is not to the North American agricultural market. The company was organized in 1990 by an investment group formed by management to acquire the successor business of Allis-Chalmers. In 1994 the company purchased Massy Ferguson including 24 percent of the Indian Massey Ferguson licensee TAFE and some part of Landini, which it held until 2000.
AGCO offers a full range of agricultural equipment including tractors, combines, self-propelled sprayers, hay tools, forage equipment, tillage, implements, grain storage and protein production systems. Its products are marketed via many brand names including Challenger®, Fendt ®, GSI ®, Massey Ferguson ® and Valtra ®. AGCO distributes most of its products through a combination of independent dealers and distributors (1,300 in North America, 3,100 globally) in 140 countries. In addition, AGCO provides retail financing through its retail finance joint ventures with Rabobank.