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{{Use American English|date=November 2025}}
{{Use mdy dates|date=November 2025}}
{{Short description|American agricultural machinery manufacturer}}
{{for|the Ontario government commission|Alcohol and Gaming Commission of Ontario}}
{{Infobox company
| name = AGCO Corporation
| predecessor = {{ubl|[[Allis-Chalmers]] (1909–1985)|[[Deutz-Allis]] (1985–1990)}}
| former_name = {{ubl|Gleaner-Allis Corporation|Allis-Gleaner Corporation}}
| logo = AGCO logo.svg
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NYSE|AGCO}}|[[List of S&P 400 companies|S&P 400]] component}}
| founded = {{Start date and age|1990}}
| hq_location = [[Duluth, Georgia]], U.S.
| area_served = Worldwide
| key_people = {{Unbulleted list|{{nowrap|Eric Hansotia}}|{{nowrap|([[Chairman#Public corporations|chairman]], [[President (corporate title)|president]], [[Chief executive officer|CEO]])}}|{{nowrap|Damon Audia}}|{{nowrap|([[Vice president#In business|senior vice president]], [[Chief executive officer|CFO]])}}}}
| industry = [[Agricultural machinery]]
| products = [[Tractor]]s, [[Combine harvester|Combines]], [[Hay]] tools, [[Forage harvester|Foragers]], [[Seed drill|Seeding]] & [[Tillage]] equipment, Self-propelled [[sprayer]]s, Smart Farming Technology, [[Diesel engine]]s and [[Diesel generator|generators]]
| brands = [[Challenger Tractor|Challenger]], [[Fendt]], [[Gleaner Manufacturing Company|Gleaner]], GSI, [[Massey Ferguson]], RoGator, TerraGator, Sunflower Manufacturing, [[Valtra]], [[White Farm Equipment]], JCA Technologies
| services = Parts, service, finance
| revenue = {{increase}} {{US$}}14.41 billion (2023)
| operating_income = 
| net_income = {{increase}} US$1.17 billion (2023)
| assets = {{nowrap|{{increase}} US$11.42 billion (2023)<ref name="10-K 2023">{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/880266/000088026624000013/agco-20231231.htm |title=US SEC: Form 10-K AGCO Corporation for fiscal year ending December 31, 2023 |publisher=[[United States Securities and Exchange Commission]] |access-date=September 5, 2024 |archive-date=May 22, 2024 |archive-url=https://web.archive.org/web/20240522101625/https://www.sec.gov/ix?doc=/Archives/edgar/data/880266/000088026624000013/agco-20231231.htm |url-status=live }}</ref>}}
| equity = {{nowrap|{{increase}} US$4.66 billion (2023)<ref name="10-K 2023"/>}}
| num_employees = 27,900
| num_employees_year = 2023
| website = {{URL|https://www.agcocorp.com/|agcocorp.com}}
}}

'''AGCO Corporation''' is an American [[agricultural machinery]] manufacturer headquartered in [[Duluth, Georgia]], United States.  It was founded in 1990. AGCO designs, produces and sells [[tractor]]s, [[Combine harvester|combines]], [[Forage harvester|foragers]], [[hay]] tools, self-propelled [[sprayer]]s, smart farming technologies, [[Seed drill|seeding]] equipment, and [[tillage]] equipment.

==History==
===1990–1996: Founding and early years===
[[File:Hesston 5670 round baler.jpg|thumb|left|Hesston 5670 round baler, in 2010]]

AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at [[Deutz-Allis]], bought out Deutz-Allis North American operations from the parent corporation [[KHD Humboldt Wedag|Klöckner-Humboldt-Deutz AG]] (KHD), a German company which owned the [[Deutz-Fahr]] brand of agriculture equipment. KHD had purchased portions of the [[Allis-Chalmers]] agricultural equipment business five years earlier.<ref name="History of AGCO">{{cite web|url=http://www.agcocorp.com/company/history.aspx|title=History of AGCO|website=History of AGCO|access-date=2011-01-13|archive-date=2014-12-03|archive-url=https://web.archive.org/web/20141203225830/http://www.agcocorp.com/company/history.aspx|url-status=dead}}</ref> After the organization of the company, Robert Ratliff was selected to be the company's first chairman.<ref>{{Cite web |last=Executive |first=Chief |date=1994-04-01 |title=Robert J. Ratliff |url=https://chiefexecutive.net/robert-j-ratliff__trashed/ |access-date=2022-06-25 |website=ChiefExecutive.net |language=en-US |archive-date=2022-06-25 |archive-url=https://web.archive.org/web/20220625023702/https://chiefexecutive.net/robert-j-ratliff__trashed/ |url-status=live }}</ref>

The company was called Gleaner-Allis Corporation, then the name was changed to Allis-Gleaner Corporation, or AGCO. The [[Deutz-Allis]] line of tractors was renamed AGCO-Allis, and [[Gleaner Manufacturing Company|Gleaner]] became a brand of its own for combines. The Deutz-Allis brand continued in [[South America]] until 2001, when it was renamed AGCO-Allis. In 2001, AGCO Allis was renamed AGCO in [[North America]].

In March 1991, AGCO purchased the Hesston Corporation, which is in [[Hesston, Kansas]],<ref name="AGCO-Jul-1996-S-4/A"/><ref name="PF-20120504">{{cite web|url=http://www.progressiveforage.com/index.php?option=com_content&view=article&id=4471:lyle-yost-founder-of-hesston-corp-passes-away-at-age-99&catid=37:industry-news&Itemid=140|publisher=Progressive Forage|title=Lyle Yost, founder of Hesston Corp., passes away at age 99|access-date=September 16, 2012|date=May 4, 2012|archive-date=March 13, 2016|archive-url=https://web.archive.org/web/20160313203812/http://www.progressiveforage.com/index.php?catid=37:industry-news&id=4471:lyle-yost-founder-of-hesston-corp-passes-away-at-age-99&itemid=140&option=com_content&view=article|url-status=dead}}</ref> gaining hay and forage equipment as well as technologies such as the grain auger, invented in 1947 by [[Lyle Yost]].<ref>{{cite web|url=http://www.kansas.com/2012/04/06/2286965/lyle-yost-founder-of-hesston-industries.html|publisher=[[Wichita Eagle]]|first=Dan|last=Voorhis|title=Lyle Yost, founder of Hesston Industries, dies at age 99|access-date=September 12, 2012|date=April 6, 2012Z|archive-date=August 10, 2014|archive-url=https://web.archive.org/web/20140810092401/http://www.kansas.com/2012/04/06/2286965/lyle-yost-founder-of-hesston-industries.html|url-status=dead}}</ref> Hesston had a 50 percent joint venture with [[Case IH|Case International]], now a part of [[CNH Global]]. AGCO purchased the [[White Tractor]] line from the Allied Corporation's White-New Idea company.<ref name="AGCO-Jul-1996-424B3">{{cite web |url=http://edgar.secdatabase.com/1762/95014496004408/filing-main.htm |title=AGCO, Form 424B3, Prospectus, Filing Date Jul 17, 1996 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304030250/http://edgar.secdatabase.com/1762/95014496004408/filing-main.htm |url-status=live }}</ref> In 1993, AGCO purchased the remainder of [[White Farm Equipment|White-New Idea]],<ref name="AGCO-Jan-1997-S-3">{{cite web|url=http://edgar.secdatabase.com/2195/95014497000509/filing-main.htm |title=AGCO, Form S-3, Registration Statement, Filing Date Jan 22, 1997 |publisher=secdatabase.com |access-date =Jan 1, 2013}}</ref> a manufacturer of New Idea hay equipment, manure spreaders, and White planters with a large manufacturing plant in [[Coldwater, Ohio]].

[[File:Massey Ferguson 6490.jpg|thumb|left|[[Massey Ferguson]] 6490 tractor, in 2008]]
AGCO purchased the [[North America]]n distribution rights to global agricultural equipment manufacturer [[Massey Ferguson]] in 1993 and purchased the company from [[Varity]] the following year. The acquisition of England-based Massey Ferguson gave AGCO access to markets in Europe and around the world. At the time, Massey Ferguson had 20 percent of the global market share for tractors.<ref>{{cite news |title=Agco to Acquire Massey Ferguson |work=The New York Times |date=April 28, 1994 |access-date=August 6, 2024 |last1=Ringer |first1=Richard |url=https://www.nytimes.com/1994/04/28/business/company-news-agco-to-acquire-massey-ferguson.html |archive-date=October 20, 2023 |archive-url=https://web.archive.org/web/20231020205128/https://www.nytimes.com/1994/04/28/business/company-news-agco-to-acquire-massey-ferguson.html |url-status=live }}</ref> AGCO also purchased McConnell Tractors in 1994,<ref name="AGCO-Jul-1996-S-4/A">{{cite web |url=http://edgar.secdatabase.com/1655/95014496004301/filing-main.htm |title=AGCO, Form S-4/A, Registration of Securities, Filing Date Jul 15, 1996 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304023834/http://edgar.secdatabase.com/1655/95014496004301/filing-main.htm |url-status=live }}</ref> manufacturer of the large articulated Massey Ferguson tractors. AGCO developed the Agcostar line of articulated tractors. Later in 1994, the Black Machine line of planters was purchased.<ref name="OWH1">{{cite news |title=Tractor Maker Hauls In Sales; AGCO's Acquisitions Make Georgia Firm World Market Leader |last1= |first1= |agency=Associated Press |url= |work=Omaha World Herald |date=November 21, 1994 |access-date=}}</ref>

In 1995 AgEquipment Group was bought;<ref name="AGCO-Jul-1996-424B3"/> it manufactured tillage equipment and loaders under the Glenco, Tye and Farmhand brands. In 1996, acquisitions went international with the purchase of [[Iochpe-Maxion]] in [[Brazil]].<ref name="AGCO-Jul-1996-S-4/A"/> It was the Brazilian company which had rights to the Massey Ferguson brand and manufacturing in the region, as well as the ''Maxion'' brand of industrial equipment. In the same year AGCO purchased Deutz Argentina, the number one leader of tractors in Argentina.<ref name="AGCO-Jan-1997-S-3"/> Also in 1996, AGCO purchased Western Combine Corporation and Portage Manufacturing in Canada.<ref name="Agco-Feb-1997-8-K">{{cite web |url=http://edgar.secdatabase.com/595/95014497001908/filing-main.htm |title=Agco, Form 8-K, Current Report, Filing Date Feb 28, 1997 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304034907/http://edgar.secdatabase.com/595/95014497001908/filing-main.htm |url-status=live }}</ref> Western Combine had previously purchased the assets of the Massey Combine Corporation's combine operation, which had been spun off by Massey Ferguson.

===1997–2005: Major acquisitions and growth===
[[File:Traktor Fendt 930 Vario.JPG|thumb|[[Fendt]] 930 Vario tractor, in 2009]]
In 1997 the company purchased [[Fendt]] which is based in [[Germany]], the German tractor company.<ref name="Agco-Feb-1997-S-3/A">{{cite web |url=http://edgar.secdatabase.com/2636/95014497000950/filing-main.htm |title=Agco, Form S-3/A, Filing Date Feb 7, 1997 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304083330/http://edgar.secdatabase.com/2636/95014497000950/filing-main.htm |url-status=live }}</ref> The acquisition of Fendt was contingent on three conditions; 1) The Fendt name would be retained, 2) The factory in [[Marktoberdorf]] would continue to operate, and 3) a fair price would be paid for the company. Also in 1997, AGCO acquired Dronningborg Industries in [[Denmark]], the manufacturer of European Massey Ferguson combines, and former manufacturer of Dronningborg combines.<ref name="Agco-Mar-1998-10-K">{{cite web |url=http://edgar.secdatabase.com/749/95014498003728/filing-main.htm |title=Agco, Form 10-K, Annual Report, Filing Date Mar 31, 1998 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304030121/http://edgar.secdatabase.com/749/95014498003728/filing-main.htm |url-status=live }}</ref>

In 1998, AGCO made a joint venture with Deutz AG to produce engines in [[Argentina]],<ref>{{cite web|url=http://pesadosargentinos.blogspot.com.ar/2012/11/agco.html|title=Pesados Argentinos: AGCO|first=Esteban|last=Dl|date=19 January 2014|website=pesadosargentinos.blogspot.com.ar|access-date=16 December 2017|archive-date=22 December 2017|archive-url=https://web.archive.org/web/20171222050849/http://pesadosargentinos.blogspot.com.ar/2012/11/agco.html|url-status=live}}</ref> and purchased the Spra-Coupe and Willmar companies.<ref name="Agco-Mar-1999-10-K">{{cite web |url=http://edgar.secdatabase.com/2006/95014499003652/filing-main.htm |title=Agco, Form 10-K, Annual Report, Filing Date Mar 31, 1999 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304031655/http://edgar.secdatabase.com/2006/95014499003652/filing-main.htm |url-status=live }}</ref> Spra-Coupe and Willmar are [[sprayer]] companies in [[North America]]. SpraCoupe originated in [[Bismarck, North Dakota]]. After being purchased by AGCO, the manufacturing of SpraCoupes was moved to [[Willmar, Minnesota]] where the Willmar branded fertilizer tenders and "Wrangler" articulated loaders were being manufactured. SpraCoupe and Willmar products were manufactured in Willmar from 1998 to 2001.

In the year 2000, AGCO bought out its partner [[CNH Global|CNH Global N.V.]] in the Hay and Forage Industries joint venture.<ref name="Agco-Mar-2000-10-K">{{cite web|url=http://edgar.secdatabase.com/2160/95014400003817/filing-main.htm |title=Agco, Form 10-K, Annual Report, Filing Date Mar 28, 2000 |publisher=secdatabase.com |access-date =Jan 1, 2013}}</ref>

In 2001, AGCO purchased [[Ag-Chem Equipment]], expanding its application equipment business.<ref name="Agco-Apr-2001-10-K405">{{cite web |url=http://edgar.secdatabase.com/1272/95014401004595/filing-main.htm |title=Agco, Form 10-K405, Filing Date Apr 2, 2001 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304073009/http://edgar.secdatabase.com/1272/95014401004595/filing-main.htm |url-status=live }}</ref>  Ag-Chem Equipment was based in [[Jackson, Minnesota]], and developed the TerraGator flotation-type and RoGator rowcrop-type applicators. Also in 2001, the SpraCoupe and Willmar brands moved their manufacturing from Willmar, Minnesota, to the Jackson facility and the ''Agco-Allis'' and ''White'' tractor lines were merged in North America under the ''AGCO'' brand, continuing in the orange color.

In 2002, AGCO purchased rights to the [[Challenger Tractor|Challenger]] name and the tracked tractors from the [[Caterpillar Inc.|Caterpillar]] Corporation,<ref name="Agco-Mar-2002-10-K405">{{cite web |url=http://edgar.secdatabase.com/1134/95014402003124/filing-main.htm |title=Agco, Form 10-K405, Filing Date Mar 29, 2002 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304030042/http://edgar.secdatabase.com/1134/95014402003124/filing-main.htm |url-status=live }}</ref> giving the firm a well-known brand name and high-power tracked tractors. The firm further developed the Challenger line into: wheeled tractors, using tractors manufactured by [[Iseki]], [[Agritalia]], the Massey Ferguson factory and the Brazilian Valtra factory; combines, rebranding some Massey Ferguson/Gleaner-built combines; and hay equipment, using Hesston-built hay equipment. AGCO also purchased the Sunflower Manufacturing Company in [[Beloit, Kansas]], which manufactures tillage, seeding, and specialty harvesting equipment.<ref name="Agco-Nov-2002-10-Q">{{cite web |url=http://edgar.secdatabase.com/787/95014402011774/filing-main.htm |title=Agco, Form 10-Q, Quarterly Report, Filing Date Nov 14, 2002 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304043306/http://edgar.secdatabase.com/787/95014402011774/filing-main.htm |url-status=live }}</ref>

In 2004, AGCO purchased the Valtra tractor company from the [[Kone]] Group, in [[Finland]]. [[Valtra]] had licensing agreements with the [[Eicher Motors|Eicher]] company in [[India]] for tractor production, and also with the HEMA group in [[Turkey]]. The purchase of Valtra also included SISU Diesel engines. Since 2012, this Finland-based diesel engine manufacturer with production, for example in Brazil,<ref name="Agco-Dec-2003-8-K">{{cite web |url=http://edgar.secdatabase.com/1046/95014403013699/filing-main.htm |title=Agco, Form 8-K, Current Report, Filing Date Dec 16, 2003 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304032219/http://edgar.secdatabase.com/1046/95014403013699/filing-main.htm |url-status=live }}</ref><ref name="Agco-Jan-2004-8-K">{{cite web |url=http://edgar.secdatabase.com/817/95014404000141/filing-main.htm |title=Agco, Form 8-K, Current Report, Filing Date Jan 8, 2004 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304030028/http://edgar.secdatabase.com/817/95014404000141/filing-main.htm |url-status=live }}</ref> has operated with the name [[AGCO Power]].<ref>{{Cite web|title=2010's – Era of AGCO Power|url=https://www.agcopower.com/company/history/year2010s/|access-date=2021-07-13|website=Agcopower|language=en-US|archive-date=2021-07-13|archive-url=https://web.archive.org/web/20210713123832/https://www.agcopower.com/company/history/year2010s/|url-status=live}}</ref>

===2006–2020: Martin Richenhagen era===
[[File:Trattore Valtra.jpg|thumb|[[Valtra]] T170 tractor, in 2008]]
2006 saw a re-focusing of the various brands and subsidiaries, and the reduction of individual brands. AGCO announced plans to combine some, and make some only part of a larger brand, or co-branding. Examples include the Massey Ferguson 9635 Hesston self-propelled swather, and the AGCO 9365 Hesston self-propelled swather. Challenger has seen further expansion with the further consolidation of the AgChem brand into Challenger, and the introduction of [[Agritalia]] built tractors and an articulated Challenger tractor. In August 2006, AGCO saw its first change in the position of chairman since its founding with the selection of Martin Richenhagen to succeed Robert Ratliff.<ref>{{Cite web |last=AGCO |title=AGCO Corporation Chairman Robert J. Ratliff Retires; Board Names Martin Richenhagen New Chairman |url=https://news.agcocorp.com/news/agco-corporation-chairman-robert-j-ratliff-retires;-board-names-martin-richenhagen-new-chairman |access-date=2022-06-25 |website=AGCO |language=en-us |archive-date=2022-06-25 |archive-url=https://web.archive.org/web/20220625014419/https://news.agcocorp.com/news/agco-corporation-chairman-robert-j-ratliff-retires;-board-names-martin-richenhagen-new-chairman |url-status=live }}</ref>

In 2007, AGCO bought 50% of [[Laverda (harvesters)|Laverda S.p.A.]] from [[ARGO SpA]], which included the Gallagnani and [[Fella-Werke]] hay equipment brands.<ref name="Agco-Oct-2007-8-K">{{cite web |url=http://pdf.secdatabase.com/2358/0000950144-07-009679.pdf |title=Agco, Form 8-K, Current Report, Filing Date Oct 30, 2007 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304084100/http://pdf.secdatabase.com/2358/0000950144-07-009679.pdf |url-status=live }}</ref><ref>{{cite web|url=http://farmindustrynews.com/farm-equipment/agcos_italian_buy/|title=AGCO – Italian deal|website=farmindustrynews.com|access-date=2009-12-03|archive-url=https://web.archive.org/web/20100727083623/http://farmindustrynews.com/farm-equipment/agcos_italian_buy/|archive-date=2010-07-27|url-status = dead}}</ref>

In 2008/2009 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.<ref>{{cite web|url=http://www.agcocorp.com/e3|title=AGCO Power|website=AGCO Power}}{{Dead link|date=July 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

Late in 2009, the firm announced that it would phase out orange AGCO tractors by 2011.<ref>{{cite web|url=http://www.agriculture.com/ag/story.jhtml?storyid=/templatedata/ag/story/data/1258465923091.xml|title=AGCO Tractor color phase out|website=agriculture.com|access-date=2018-09-28|archive-url=https://web.archive.org/web/20100525094136/http://www.agriculture.com/ag/story.jhtml?storyid=%2Ftemplatedata%2Fag%2Fstory%2Fdata%2F1258465923091.xml|archive-date=2010-05-25|url-status = dead}}</ref>

In late 2010, the firm announced the plan to acquire the remaining 50% of Laverda, which included [[Fella-Werke]] as well. The acquisition was finalized in March 2011.<ref name="Agco-Nov-2010-8-K">{{cite web |url=http://pdf.secdatabase.com/2418/0000950123-10-099942.pdf |title=Agco, Form 8-K, Current Report, Filing Date Nov 3, 2010 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304040840/http://pdf.secdatabase.com/2418/0000950123-10-099942.pdf |url-status=live }}</ref><ref name="Agco-May-2011-10-Q">{{cite web |url=http://pdf.secdatabase.com/966/0000950123-11-046174.pdf |title=Agco, Form 10-Q, Quarterly Report, Filing Date May 6, 2011 |publisher=secdatabase.com |access-date=Jan 1, 2013 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304031857/http://pdf.secdatabase.com/966/0000950123-11-046174.pdf |url-status=live }}</ref><ref>[http://www.cpm-magazine.co.uk/agco-buys-remaining-share-laverda-a-196.html?osCsid=aa8f662e1ebc730d16b4564f8aa2c0e2 AGCO – Laverda] {{webarchive|url=https://web.archive.org/web/20120321022324/http://www.cpm-magazine.co.uk/agco-buys-remaining-share-laverda-a-196.html?osCsid=aa8f662e1ebc730d16b4564f8aa2c0e2 |date=2012-03-21 }}</ref>

In 2011, the firm plans to transfer its assembly of high-horsepower wheeled tractors sold in North America from [[Beauvais, France]] to [[Jackson, Minnesota]], where it will expand the plant by {{convert|75,000|sqft|m2}}.<ref>{{cite web|url=http://www.kansas.com/2011/01/28/1696029/agco-plans-investment-in-us-plants.html|title=Agco plans investment in U.S. plants, including Hesston|website=kansas.com|access-date=2011-01-30|archive-url=https://web.archive.org/web/20120319153635/http://www.kansas.com/2011/01/28/1696029/agco-plans-investment-in-us-plants.html|archive-date=2012-03-19|url-status=dead}}</ref> The expansion was completed in 2012.<ref>{{Cite web |last=AGCO |title=AGCO Intivity Center and Manufacturing Expansion Officially Open |url=https://news.agcocorp.com/news/agco-intivity-center-and-manufacturing-expansion-officially-open |access-date=2022-06-19 |website=AGCO |language=en-us |archive-date=2022-05-23 |archive-url=https://web.archive.org/web/20220523165012/https://news.agcocorp.com/news/agco-intivity-center-and-manufacturing-expansion-officially-open |url-status=live }}</ref>

In 2011, the firm said that it will invest $40 million in its [[Hesston, Kansas]] plant with a new {{convert|200,000|sqft|m2|adj=on}} painting and finishing building.  Construction began June 2011 and was completed in 2013.<ref>{{cite web|url=http://www.kansas.com/2011/06/10/1884963/agco-to-invest-40-million-in-hesston.html|title=Agco to expand plant in Hesston|website=kansas.com|access-date=2011-06-10|archive-url=https://web.archive.org/web/20110614134406/http://www.kansas.com/2011/06/10/1884963/agco-to-invest-40-million-in-hesston.html|archive-date=2011-06-14|url-status=dead}}</ref><ref>{{cite web|url=http://investors.agcocorp.com/phoenix.zhtml?c=108419&p=irol-newsArticle&id=1848798|title=AGCO - Investor Relations - News|website=investors.agcocorp.com|access-date=2013-09-23|archive-url=https://web.archive.org/web/20170507032306/http://investors.agcocorp.com/phoenix.zhtml?c=108419&p=irol-newsArticle&ID=1848798|archive-date=2017-05-07|url-status=dead}}</ref><ref>{{cite web|url=http://www.thekansan.com/article/20130816/NEWS/130819484/0/SEARCH|title=Investment|first=Chad Frey Newton|last=Kansan|website=thekansan.com|access-date=2014-01-07|archive-date=2014-01-07|archive-url=https://web.archive.org/web/20140107060429/http://www.thekansan.com/article/20130816/NEWS/130819484/0/SEARCH|url-status=dead}}</ref>

In October 2011, AGCO purchased GSI, based in [[Assumption, Illinois]], a manufacturer of grain storage and handling equipment.<ref name="History of AGCO"/>

In 2012. AGCO acquired 60% of Santal Equipamentos, a sugar cane planting and harvesting equipment. It also purchased 80% of Shandong Dafeng Machinery Co, a combine harvester manufacturer in China. AGCO formed the [[Algerian Tractors Company]] joint venture with the Algerian brand [[Etrag]] with 49% ownership.

In 2013, GSI acquired Johnson System, based in [[Marshall, Michigan]], a manufacturer of catwalks and towers.<ref>GSI aims to be ‘local’ supplier across the globe, World-Grain; https://www.world-grain.com/articles/5267-gsi-aims-to-be-local-supplier-across-the-globe {{Webarchive|url=https://web.archive.org/web/20190926154756/https://www.world-grain.com/articles/5267-gsi-aims-to-be-local-supplier-across-the-globe |date=2019-09-26 }}</ref> In 2013, AGCO started Fuse Technologies, a smart farming technology division.<ref>{{cite web|url=https://www.fusesmartfarming.com/about-fuse-smart-farming-solutions/|title=Caring About the Future of Farming|date=14 November 2019|website=fusesmartfarming.com/|access-date=14 November 2019|archive-date=11 August 2019|archive-url=https://web.archive.org/web/20190811125431/https://www.fusesmartfarming.com/about-fuse-smart-farming-solutions/|url-status=dead}}</ref>

In 2016, AGCO acquired Cimbria, based in [[Thisted|Thisted, Denmark]], a processing, handling and storage of seed and grain business.<ref>{{Cite web |date=June 29, 2016 |title=AGCO Extends its Grain Storage and Seed Handling Business with Acquisition of Cimbria |url=https://www.businesswire.com/news/home/20160629005713/en/ |website=business wire}}</ref>

In 2017, AGCO acquired Precision Planting, based in [[Tremont, Illinois]], a planting equipment and technology business.<ref name="2017-07-26-farmIndNews">{{cite web |url=http://www.farmindustrynews.com/business/precision-planting-sold-agco |title=Precision Planting sold to Agco |date=26 July 2017 |website=farmindustrynews.com
|archive-url=https://web.archive.org/web/20170726233441/http://www.farmindustrynews.com/business/precision-planting-sold-agco |archive-date=2017-07-26 |url-status=dead}}
</ref>

In 2017, AGCO acquired the forage machinery line from Lely, including balers, loading wagons, mowers, tedders, rakes, and the rights to the entire portfolio of the defunct Mengele Agrartechnik. This included factories in Wolfenbuettel (D) and Waldstetten (D).  The factory in Maassluis (NL) will be closed in 2018.

In September 2020, AGCO acquired 151 Research Inc., a [[Winnipeg]], Manitoba based company that specializes in grain storage research and development.<ref>{{Cite news |last=Cash |first=Martin |title=Sep 2020: AGCO acquires 151 Research Inc., a Winnipeg grain storage research and development firm |url=https://www.winnipegfreepress.com/business/2020/09/30/us-giant-buys-locally-grown-company |access-date=2023-03-01 |newspaper=[[Winnipeg Free Press]] |date=30 September 2020 |language=en-US |archive-date=2023-03-01 |archive-url=https://web.archive.org/web/20230301011505/https://www.winnipegfreepress.com/business/2020/09/30/us-giant-buys-locally-grown-company |url-status=live }}</ref>

===2021–present: Eric Hansotia era===
In 2021, AGCO named Eric Hansotia its third chairman, succeeding Richenhagen, who retired after approximately 15 years as head of the company.<ref>{{cite web |title=CEO of agriculture equipment giant AGCO retiring |url=https://www.bizjournals.com/atlanta/news/2020/08/21/ceo-of-agriculture-equipment-giant-agco-retiring.html |publisher=[[Atlanta Business Chronicle]] |archive-url=https://web.archive.org/web/20200925213029/https://www.bizjournals.com/atlanta/news/2020/08/21/ceo-of-agriculture-equipment-giant-agco-retiring.html |archive-date=September 25, 2020 |date=Aug 21, 2020 |url-status=live}}</ref>  Hansotia has been working for AGCO since 2013 and became its [[chief operating officer]] in October 2018.<ref>{{cite web |title=AGCO names new COO |url=https://www.bizjournals.com/atlanta/news/2018/10/26/agco-names-new.html |publisher=[[Atlanta Business Chronicle]] |date=October 26, 2018 |url-status=live |access-date=May 1, 2023 |archive-date=November 8, 2024 |archive-url=https://web.archive.org/web/20241108202926/https://www.bizjournals.com/atlanta/news/2018/10/26/agco-names-new.html }}</ref>  Under Hansotia, AGCO made a series of acquisitions in the [[precision agriculture]] field, including: Headsight, a [[Bremen, Indiana]]-based precision harvesting company,<ref>{{cite press release |title=AGCO subsidiary Precision Planting acquires Headsight |publisher=Future Farming |date=August 11, 2021 |url=https://www.futurefarming.com/smart-farming/industry-updates/agco-subsidiary-precision-planting-acquires-headsight/ |archive-url=https://web.archive.org/web/20210824202954/https://www.futurefarming.com/smart-farming/industry-updates/agco-subsidiary-precision-planting-acquires-headsight/ |archive-date=August 24, 2021 |url-status=live}}</ref> and Farm Robotics and Automation, a [[Barcelona]]-based precision livestock agriculture firm in 2021;<ref>{{cite news |title=AGCO purchases poultry welfare robotics developer Faromatics |work=WATT Poultry |date=September 17, 2021 |url=https://www.wattagnet.com/broilers-turkeys/broilers/article/15534300/agco-purchases-poultry-welfare-robotics-developer-faromatics |archive-url=https://web.archive.org/web/20240707084254/https://www.wattagnet.com/broilers-turkeys/broilers/article/15534300/agco-purchases-poultry-welfare-robotics-developer-faromatics |archive-date=July 7, 2024 |url-status=live}}</ref><ref>{{cite press release |title=AGCO Acquires Faromatics, a Precision Livestock Farming Company |publisher=AGCO |date=September 13, 2021 |url=https://investors.agcocorp.com/news-releases/news-release-details/agco-acquires-faromatics-precision-livestock-farming-company |archive-url=https://web.archive.org/web/20210922144050/https://investors.agcocorp.com/news-releases/news-release-details/agco-acquires-faromatics-precision-livestock-farming-company |archive-date=September 22, 2021 |url-status=live}}</ref><ref>{{cite news |title=Faromatics and its poultry monitoring robot 'ChickenBoy' acquired by AGCO |work=Farm Automation Today |date=September 13, 2021 |url=https://www.farmautomationtoday.com/news/data-analytics/faromatics-and-its-poultry-monitoring-robot-chickenboy-acquired-by-agco.html |archive-url=https://web.archive.org/web/20231128232416/https://www.farmautomationtoday.com/news/data-analytics/faromatics-and-its-poultry-monitoring-robot-chickenboy-acquired-by-agco.html |archive-date=November 28, 2023 |url-status=live}}</ref>  North Dakota-based Appareo Systems, an agriculture-focused [[artificial intelligence]] and [[mechatronics]] development firm,<ref>{{cite news |title=AGCO acquires Appareo Systems |work=Future Farming |date=January 3, 2022 |url=https://www.futurefarming.com/smart-farming/agco-acquires-appareo-systems/ |archive-url=https://web.archive.org/web/20220103181116/https://www.futurefarming.com/smart-farming/agco-acquires-appareo-systems/ |archive-date=January 3, 2022 |url-status=live}}</ref><ref name="Agweek1">{{cite news |title=AGCO to acquire North Dakota's Appareo |work=Agweek |date=December 22, 2021 |url=https://www.agweek.com/business/agco-to-acquire-north-dakotas-appareo |archive-url=https://web.archive.org/web/20220120184044/https://www.agweek.com/business/agco-to-acquire-north-dakotas-appareo |archive-date=January 20, 2022 |url-status=live}}</ref> and [[Winnipeg, Manitoba]], [[vehicular automation|agriculture automation]] firm JCA Industries in 2022;<ref name="FarmProgress">{{cite news |title=Agco buys 85% of Trimble Ag for $2 billion |work=Prairie Farmer |date=September 28, 2023 |url=https://www.farmprogress.com/business/agco-buys-85-of-trimble-ag-for-2-billion- |archive-url=https://web.archive.org/web/20231109015721/https://www.farmprogress.com/business/agco-buys-85-of-trimble-ag-for-2-billion- |archive-date=November 9, 2023 |url-status=live}}</ref><ref>{{cite news |title=New AGCO acquisition to boost development of autonomous machines |work=Future Farming |date=May 3, 2022 |url=https://www.futurefarming.com/tech-in-focus/autonomous-semi-autosteering-systems/new-agco-acquisition-to-boost-development-of-autonomous-machines/ |archive-url=https://web.archive.org/web/20220503151123/https://www.futurefarming.com/tech-in-focus/autonomous-semi-autosteering-systems/new-agco-acquisition-to-boost-development-of-autonomous-machines/ |archive-date=May 3, 2022 |url-status=live}}</ref> the digital assets of German agricultural technology company FarmFacts in 2023;<ref>{{cite news |title=AGCO's vision for autonomy accelerates with FarmFacts acquisition |work=Future Farming |date=November 22, 2023 |url=https://www.futurefarming.com/smart-farming/tools-data/agcos-vision-for-autonomy-accelerates-with-farmfacts-acquisition/ |archive-url=https://web.archive.org/web/20240304071338/https://www.futurefarming.com/smart-farming/tools-data/agcos-vision-for-autonomy-accelerates-with-farmfacts-acquisition/ |archive-date=March 4, 2024 |url-status=live}}</ref> and the purchase of 85 percent of Colorado-based [[Trimble Inc.]] for {{USD}}2 billion in 2024, the largest acquisition in company history. The Trimble acquisition resulted in PTx Trimble, a [[joint venture]] between the companies for autonomizing and [[retrofitting]] farm equipment.<ref name="FarmProgress"/><ref name="ABC1">{{cite news |title='We want to have the Amazon experience': Duluth agtech company looks to the future |work=Atlanta Business Chronicle |date=May 16, 2024 |url=https://www.bizjournals.com/atlanta/news/2024/05/16/agco-trimble-ptx-expansion-agtech.html }}</ref><ref>{{Cite news |title=AGCO Corp to acquire $2 billion stake in Trimble unit to boost agri portfolio |work=Reuters |date=2023-09-28 |url=https://www.reuters.com/markets/deals/agco-corp-acquire-majority-stake-trimbles-agribusiness-2-bln-2023-09-28/ |archive-url=https://web.archive.org/web/20231002201424/https://www.reuters.com/markets/deals/agco-corp-acquire-majority-stake-trimbles-agribusiness-2-bln-2023-09-28/ |archive-date=October 2, 2023 |url-status=live}}</ref>

In July 2024 AGCO announced it had reached an agreement with private equity firm American Industrial Partners to divest its Grain and Protein divisions including GSI, Automated Production, Tecno, Cimbria, and Cumberland brands.<ref>{{Cite press release |last=Corporation |first=AGCO |title=AGCO Announces Definitive Agreement to Sell its Grain & Protein Business |url=https://www.prnewswire.com/news-releases/agco-announces-definitive-agreement-to-sell-its-grain--protein-business-302206632.html |access-date=2024-08-27 |website=www.prnewswire.com |language=en |archive-date=2024-08-27 |archive-url=https://web.archive.org/web/20240827015633/https://www.prnewswire.com/news-releases/agco-announces-definitive-agreement-to-sell-its-grain--protein-business-302206632.html |url-status=live }}</ref>

== Manufacturing Sites ==

;Current
{| class="wikitable sortable"
|-
! Location !! Equipment !! Notes
|-
| [[Beloit, Kansas]], [[United States|USA]] || Tillage and seeding tools, planters || previously Sunflower Manufacturing 
|-
| [[Hesston, Kansas]], USA || Combines & headers, large square balers, Massey Ferguson windrowers<ref name="SO-20240614"/> || previously Hesston Corporation<ref name="PF-20120504"/>
|-
| [[Jackson, Minnesota]], USA || Tractors (high horsepower and row-crop), application equipment || previously Ag-Chem Equipment
|-
| [[Tremont, Illinois]], USA || Precision Planting ||
|-
| style="background: black;" | {{sp}} || style="background: black;" | {{sp}} || style="background: black;" | {{sp}} <!-- NOTE - grouping divider -->
|-
| [[Querétaro]], [[Mexico]] || small square balers, large round bales, rotary mowers || production moved from Hesston in 2024<ref name="SO-20240614">{{cite web |title=American AGCO will move part of its production from the United States to Mexico |url=https://www.steelorbis.com/steel-news/latest-news/american-agco-will-move-part-of-its-production-from-the-united-states-to-mexico-1344760.htm |website=Steel Orbis |archive-url=https://web.archive.org/web/20250203014743/https://www.steelorbis.com/steel-news/latest-news/american-agco-will-move-part-of-its-production-from-the-united-states-to-mexico-1344760.htm |archive-date=February 3, 2025 |date=June 14, 2024 |url-status=live}}</ref>
|-
| [[Canoas|Canoas, Rio Grande do Sul]], [[Brazil]] || Tractors (low to high power), application equipment || 
|-
| [[Santa Rosa, Rio Grande do Sul]], Brazil || combines, planters ||
|-
| style="background: black;" | {{sp}} || style="background: black;" | {{sp}} || style="background: black;" | {{sp}} <!-- NOTE - grouping divider -->
|-
| [[Changzhou]], [[China|P.R. China]] || Tractors (compact and mid-range) || 
|-
| style="background: black;" | {{sp}} || style="background: black;" | {{sp}} || style="background: black;" | {{sp}} <!-- NOTE - grouping divider -->
|-
| Linnavuori, [[Nokia, Finland]] || Diesel engines || Acquired with purchase of Sisu Diesel (now AGCO Power)
|-
|[[Äänekoski]], Finland<ref>{{Cite web |date=2007-05-01 |title=Valtra |url=https://manufacturing-today.com/profiles/valtra/ |access-date=2022-09-02 |website=Manufacturing Today |language=en-GB |archive-date=2022-09-02 |archive-url=https://web.archive.org/web/20220902214934/https://manufacturing-today.com/profiles/valtra/ |url-status=live }}</ref> || Tractors || 
|-
| [[Beauvais]], [[France]]|| Tractors (row-crop) || 
|-
| [[Asbach-Bäumenheim]], [[Bavaria]], [[Germany]]|| Cab environments || 
|-
| [[Feucht]], Bavaria, Germany || Hay tools || Acquired with purchase of Fella-Werke
|-
| [[Marktoberdorf]], Bavaria, Germany || Tractors (row-crop and high horsepower) || 
|-
| [[Waldstetten, Bavaria|Waldstetten]], Bavaria, Germany || Forage tools || 
|-
| [[Wolfenbüttel|Wolfenbuttel]], [[Lower Saxony]], Germany || Hay tools || 
|-
| [[Hohenmölsen|Hohenmolsen]], [[Saxony-Anhalt]], Germany || Application equipment and forage harvesters || 
|-
| [[Breganze|Breganze, Italy]] || Combine harvesters || Acquired with purchase of Laverda
|-
| [[Budapest|Budapest, Hungary]] || Shared service center || 
|}

;Former
* [[Coldwater, Ohio]], USA : White-New Idea farm equipment in 1999.
* [[Independence, Missouri]], USA : Gleaner combines in 2000, production moved to [[Hesston, Kansas]], USA.
* [[Willmar, Minnesota]], USA : Spra-Coupe and Willmar application equipment in 2001.
* [[Banner Lane]], Coventry, UK : Massey Ferguson tractors in 2003.
* [[Grubbenvorst]], Netherlands: Challenger application equipment for European market in 2018<ref>{{Cite web |last=Walter |first=Isabell |title=AGCO Fendt übernimmt Vertrieb der Marke Challenger - b4bschwaben.de |url=https://www.b4bschwaben.de/b4b-nachrichten/kaufbeuren-ostallgaeu_artikel,-agco-fendt-uebernimmt-vertrieb-der-marke-challenger-_arid,251814.html |access-date=2023-08-06 |website=B4B Schwaben |language=de |archive-date=2023-08-06 |archive-url=https://web.archive.org/web/20230806235136/https://www.b4bschwaben.de/b4b-nachrichten/kaufbeuren-ostallgaeu_artikel,-agco-fendt-uebernimmt-vertrieb-der-marke-challenger-_arid,251814.html |url-status=live }}</ref>
* [[Maassluis]], Netherlands : Lely hay equipment in 2018.
* [[Biatorbágy|Biatorbagy]], Hungary : Grain Storage and Handling Equipment, closed in 2020

== Brands ==
{{div col|colwidth=23em}}
* AGCO Power
* [[Challenger Tractor|Challenger]]
* [[Fella-Werke|Fella]]
* [[Fendt]]
* Fuse
* [[Gleaner Manufacturing Company|Gleaner]]
* [[Laverda (harvesters)|Laverda]]
* [[Massey Ferguson]]
* PTx Precision Planting
* PTx Trimble
* RoGator / TerraGator
* Sunflower
* [[Valtra]]
{{div col end}}

==See also==
{{Portal|Companies}}
* [[List of S&P 400 companies]]

==References==
{{Reflist}}

==Further reading==
;Hesston Corporation
* ''Factory on the Plains: [[Lyle Yost]] and the Hesston Corporation''; Billy Mac Jones; Wichita State University; 1987; ASIN B0006EQOU0.
* [https://www.kansasmemory.org/locate.php?query=Hesston+Corporation&=restrict=all&page=1&page=1&page_size=50 Hesston Corporation Document Archive] - Kansas Historical Society

==External links==
{{Commonscatinline}}
* {{Official website|https://www.agcocorp.com}}
* {{Finance links |name= AGCO Corporation |symbol= AGCO |reuters= AGCO.N |bloomberg= AGCO:US |sec_cik= 880266 |yahoo= AGCO |google= AGCO:NYSE}}

{{AGCO}}
{{Allis-Chalmers}}
{{Automotive industry in the United States}}
{{S&P 400 companies}}
{{Authority control}}

{{DEFAULTSORT:Agco}}
[[Category:AGCO| ]]
[[Category:Agricultural machinery manufacturers of the United States]]
[[Category:Tractor manufacturers of the United States]]
[[Category:Manufacturing companies established in 1990]]
[[Category:Manufacturing companies based in Georgia (U.S. state)]]
[[Category:Companies based in Duluth, Georgia]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Companies formed by management buyout]]
[[Category:Diesel engine manufacturers]]
[[Category:Electrical generation engine manufacturers]]
[[Category:Marine engine manufacturers]]
[[Category:Companies in the S&P 400]]