Another one of the world’s largest agricultural equipment manufacturers says it’s halting some shipments due to the uncertainty stemming from the Trump administration’s tariffs. AGCO says finished equipment built for the U.S. market at production facilities outside the U.S. will be temporarily held outside the country, in an April 8 statement. The company says the… Read More
Tag: AGCO
Agricultural machinery giant AGCO has entered into a supply agreement to have Massey Ferguson tractors built by SDF, the Italian tractor company that makes SAME and Deutz-Fahr machines. The partnership will see SDF produce low to mid-horsepower Massey Ferguson tractors — up to 85 horsepower — for most global markets beginning in mid-2025. AGCO says… Read More
A federal appeals court in the U.S. has sided with AGCO and Precision Planting in a long-running legal dispute with John Deere over high-speed planter patents. On Friday, Jan. 24, a judge with the U.S. Court of Appeals for the Federal Circuit upheld an earlier U.S. District Court jury ruling, ruling in favour of AGCO… Read More
AGCO has officially launched its latest Gleaner combine line with the Gleaner T Series. Our own Bern Tobin is down at Farm Progress Show at Boone, Iowa, this week to take in the show, and got a first look at the new combine. “This series delivers lightweight performance, superior control and premium grain quality for… Read More
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
AGCO is touting a five to seven percentage fuel efficiency gain for its new AGCO Power Core50 engine. The 4-cylinder 5.0 litre engine first appeared in the the Fendt 600 Vario tractor and AGCO is billing it as the “most advanced diesel engine platform on the market today.” It’s set to debut in other AGCO… Read More
AGCO is set to become a majority owner of Trimble’s precision agriculture business. The two companies have entered a joint venture agreement, which will see AGCO pay Trimble US$2 billion for an 85 per cent stake. JCA Technologies, the Manitoba-based autonomous tech company which was acquired by AGCO in 2022, will also be brought into… 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