AGCO Corporation

Stock Symbol: AG

AGCO Corporation Description:
AGCO Corporation is primarily engaged in the manufacture and distribution of agricultural equipment and related replacement parts worldwide. The Company sells a full range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements. AGCO distributes most of its products through a combination of approximately 8,450 independent dealers and distributors, associates and licensees.

AGCO Corporation Financial Summary:
N/A

AGCO Corporation Business Summary:
AGCO Corporation engages in the design, manufacture, marketing, and distribution of agricultural equipment and related replacement parts worldwide. The company sells agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, and implements under various brand names. The company offers compact tractors, utility tractors, and high horsepower tractors. It offers self-propelled, three- and four-wheeled vehicles, and related equipment for use in the application of liquid and dry fertilizers and crop protection chemicals. The company manufactures chemical sprayer equipment, which are used prior to planting crops and after crops emerge from the ground. Its hay and forage equipment includes round and rectangular balers, self-propelled windrowers, forage harvesters, disc mowers, and mower conditioners that are used for the harvesting and packaging of vegetative feeds used in the beef cattle, dairy, and horse industries. The company, through its Fieldstar brand precision farming system, offers software and hardware products, which enable farmers to utilize global positioning system technology, yield mapping, variable rate planting, and application and site specific agriculture. The company distributes its products through independent dealers and distributors, associates, and licensees. In addition, the company provides retail financing in North America, the United Kingdom, France, Germany, Ireland, and Brazil through its finance joint ventures. AGCO was formed in 1990 and is headquartered in Duluth, Georgia.