The number of agricultural equipment manufacturers that are reducing the size of their workforces is growing, with planter-maker Kinze Manufacturing joining the list of companies that are publicly acknowledging layoffs. Kinze has issued layoff notices to 193 of its 815 employees in Williamsburg, Iowa, as of August 1. “We deeply regret the necessity of this… Read More

AGCO Corporation announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners (AIP) in an all-cash transaction valued at US$700 million, subject to working capital and other customary closing adjustments. The transaction includes the five primary Grain & Protein brands – GSI, Automated… Read More

AGCO Corporation has launched PTx, a new brand representing its precision ag portfolio. PTx combines precision ag technologies from Precision Planting with AGCO’s newest joint venture, PTx Trimble. The name PTx is a combination of precision agriculture (P) and advanced technologies (T) that multiply (x) the impact it creates for farmers through seamless, intelligent and… Read More

Two more major agricultural equipment manufacturers have signed memoranda of understanding regarding farmers’ right to repair their own equipment. The American Farm Bureau Federation (AFBF) says AGCO and Kubota have each signed MOUs that were negotiated independently but are similar to agreements previously reached with John Deere and CNH Industrial. Altogether, the four agreements are… Read More

In 1923 it took a crew of 12 people to cut, bind, thresh, and bag grain for storage. That was the same year that Curtis, Edwin, and Ernest Baldwin developed the Gleaner combine to make harvesting more efficient, less labour intensive and more enjoyable for the farmer. Fast forward 100 years and the Gleaner brand… Read More

AGCO has announced as of May 5, 2022, it was subject to a ransomware attack that has impacted some of its production facilities. The company says it is still investigating the event of the attack, but it is anticipated that its business operations will be adversely affected for several days, and potentially longer to fully… Read More