AGCO Corp - AGCO

PTI Manager Cited As “Pioneer” Of Multi-Hybrid Planting

FarmProgress — Wed, 21 Apr 2021 12:01:00 GMT

Jason Webster, manager of the Precision Technology Institute, helped pioneer the concept of multi-hybrid planting a decade ago.

'Our factories are hungry' - U.S. farm machinery maker faces dearth of components

Reuters — Tue, 20 Apr 2021 11:44:00 GMT

As the U.S. economy roars back from the pandemic-induced recession, it is generating unusually high orders for parts and materials at a time when inventories are at the lowest level in decades.

AGCO Director Of Global Sustainability Discusses Company’s Approach To Sustainability

FarmProgress — Tue, 20 Apr 2021 11:39:00 GMT

Louisa Parker-Smith, AGCO's Director of Global Sustainability, participated in a FarmProgress podcast to discuss the concept of sustainability and what that means for agriculture.

AGCO Awards Top Performing Suppliers at 2021 Virtual Supplier Event

Thu, 15 Apr 2021 12:00:00 GMT

DULUTH, GA – AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, recognized one partner-level* supplier and presented nine supplier awards during its annual AGCO North America Virtual Supplier Event on April 14, 2021. AGCO’s partner-level suppliers are recognized for surpassing the top level of achievement in innovation, world-class service, global growth, and cost savings.

AGCO’s annual Supplier Awards ceremony allows the company to celebrate its supply chain relationships in areas such as corporate sustainability, innovative solutions, quality products and effective collaboration. AGCO places tremendous emphasis on its core values of accountability, integrity, respect, and transparency, which figure prominently in the Supplier Award nomination and award process.

“Our annual Supplier Awards ceremony is a great opportunity for us to meet with our exceptional supplier network, discuss new products, such as the Fendt^® large AG line and combines, and strategize how to help farmers across the globe with industry-leading, smart farming solutions to sustainably feed our world,” said Josip T. Tomasevic, SVP and chief procurement officer. “As a global manufacturer, we source suppliers the world over so we can bring high quality, technologically advanced products that are affordable to our customers.”

During the day’s sessions, senior AGCO executives updated attendees on topics including the company’s COVID-19 response and recovery, global market outlook, 2021 key initiatives, and benefits for high-performing suppliers. Live and interactive virtual breakout sessions allowed leaders and participants to share key experiences, insightful observations, and helpful responses to questions.

“Our suppliers performed admirably in 2020 and we are very grateful for their support and initiative,” said Michael Clem, vice president, Purchasing and Materials, Americas. “We will collaborate again in 2021 to navigate a challenging supply landscape and ensure timely delivery of quality components to AGCO’s manufacturing facilities, our dealer network, and, ultimately, the world’s farmers.”

AGCO 2021 Partner-Level Supplier Distinction:

Custom Steel Processing of Madison, IL. Founded in 2002, Custom Steel Processing specializes in supplying steel to large volume OEM’s with superior customer service and competitive pricing. Their processing facilities’ production includes hot-rolled, pickled and oiled, cold-rolled, and galvanized steel. Custom Steel Processing has been a trusted partner-level supplier for AGCO for many years and has a distinguished reputation for reliability, quality, innovation, collaboration, and customer service.

AGCO 2021 Supplier of the Year winners (by award):

Supplier of the Year: Nucor of Charlotte, NC. Founded in 1940, Nucor Corporation is the largest steel producer in the United States, the largest "mini-mill" steelmaker, and the biggest recycler of scrap in North America. Nucor is a strategic and innovative supplier for AGCO, providing aggressive competitive pricing and key support with all products in the AGCO platform.

Indirect Supplier Award: Lead Anywhere of Ogden, UT. Founded in 2009, Lead Anywhere provides advanced behavioral profiling technologies that help businesses identify website visitors and create marketing efforts and site content that effectively generate quality leads and close sales. Lead Anywhere has been recognized as a strategic supplier for AGCO by providing innovative customer-facing tools that result in critical lead generation, increased conversion rates, and pipeline-ready opportunities on a consistently-reliable basis.

Logistics Outbound Service Provider Award: R.E. West Transportation of Ashland City, TN. Incorporated in 1979, R.E. West Transportation is a for-hire contract freight hauling operation that has provided AGCO strategic collaborative logistics services for over 12 years and transported over 8600 loads to dealers across the US and Canada. High-quality reliability and outstanding customer service make R.E. West Transportation an effective partner-supplier in innovation and collaboration.

Logistics Inbound Service Provider Award: UPS Supply Chain Solutions (UPS SCS) is the supply-chain optimization arm of United Parcel Service, Inc (UPS) of Atlanta, Georgia. UPS SCS is a critical partner-supplier for AGCO by providing collaborative and innovative shipping and delivery solutions. UPS SCS monitors AGCO’s supply network, provides end-to-end visibility, acts as single source for all transportation service needs, and improves efficiencies and compliance for inbound logistics services.

Aftersales Award: GT Midwest of Wichita, KS. Founded in 1946, GT Midwest is completely committed to delivering the right parts, to the right place, at the right time, and at the right price. With order flexibility, quality parts and customer service, GT Midwest provides adaptive and strategic collaboration to meet the needs of AGCO’s manufacturing sites, dealers, and farmers.

Sustainability Award: Custom-Pak, Inc. of Clinton, IA. Custom-Pak has been designing and manufacturing blow-molded plastic products since 1974. They have been recycling manufacturing supplies and minimizing waste products in their plants for over 40 years, resulting in manufacturing plants that produce virtually zero waste. Custom-Pak’s Midwest-Poly recycling operation collects and converts over 20 million pounds of waste plastic into clean, re-usable plastic resin annually. Custom-Pak has been working to reduce their environmental footprint since long before it became fashionable, and they intend to continue that tradition, making them incredible stewards of the environment for generations to come.

TRAIT Award: Mechanical Devices Company of Aurora, IL. Founded in 1914, Mechanical Devices is AGCO’s 2020 Top TRAIT Supplier as a minority/woman/veteran-owned business and has been certified by the Women’s Business Enterprise National Council (WBENC). The company has been recognized for community outreach as well as for their diversity & inclusion efforts. Mechanical Devices Company is employee focused, offering flexible hours for their workforce and providing a clear developmental path for their employees based on skill level and the training required for advancement to the next level. Their outreach program places an emphasis on collaboration with local law enforcement to develop rehabilitation efforts that positively impact the community. When COVID-19 restrictions closed all gyms, churches, and schools in their area, Mechanical Devices converted their facilities into a gym, baseball fields, basketball courts, and a soccer area. These resources were opened to the community and attracted more than 550 children each week. Mechanical Devices Company represents AGCO’s core values of Transparency, Responsibility, Accountability, Integrity, and Team Spirit (TRAIT).

Quality & Delivery Performance Award: Hy-Tek Manufacturing Co. of Sugar Grove, IL. Hy-Tek is a privately held company in the western suburbs of Chicago with over 30 years of experience in the design and production of machined components for the Industrial, Commercial and Government markets. Hy-Tek Manufacturing Company is recognized for their focus on outstanding performance in AGCO’s quality and delivery category by working in close collaboration with engineering, logistics, and purchasing to provide the most value and the highest-quality solutions for AGCO and our customers.

Collaboration & Innovation Award: Nidec Motor Corporation, headquartered in Kyoto, Japan. Founded in 1973, Nidec Motor and is the world's largest comprehensive motor manufacturer, handling "everything that spins and moves", including components that range from miniature to gigantic. Nidec is recognized for its remarkable performance and strategic alignment with AGCO’s design, engineering and purchasing teams to successfully implement design changes and bench testing which have produced tremendous technological advancements and cost savings that benefit participants across AGCO’s product cycle.

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MEDIA CONTACT
Bob Blakely, AGCO | Bob.Blakely@AGCOCorp.com | 770-232-8018

*NOTE: The use of “Partner” throughout this announcement in no way implies nor suggests a relationship beyond Component Supply or Services and Performance as outlined in the ASPIRE Supplier Management Guideline. Please see www.agcocorp.com/suppliers for more details.

About AGCO
AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Challenger^®, Fendt^®, GSI^®, Massey Ferguson^® and Valtra^®. Powered by Fuse^® smart farming solutions, AGCO’s full line of equipment and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.1 billion in 2020. For more information, visit www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow

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AGCO’s AutoDock Praised As Novel, Time-Saving Innovation

Progressive Farmer — Tue, 13 Apr 2021 11:31:00 GMT

AGCO's AutoDock header docking system allows drivers to connect and disconnect the header from the cab to speed up the harvest.

AGCO Eyes Higher Operating Margin Amid Farm Economy Turnaround

Reuters — Fri, 09 Apr 2021 12:15:00 GMT

In an interview with Reuters, AGCO CEO Eric Hansotia discusses how a resurgent farm economy has created an opportunity to finally realize one of the company’s long-held ambitions – posting a 10% operating margin.

AGCO Announces 2021 First Quarter Earnings Release and Conference Call

Tue, 06 Apr 2021 13:00:00 GMT

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AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2021 First Quarter Earnings Release Conference Call is scheduled for Thursday, April 29 ^th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

The webcast will also be archived for twelve months immediately afterwards.

About AGCO:

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.1 billion in 2020. For more information, visit www.AGCOcorp.com . For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

Please visit our website at www.agcocorp.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210406005662/en/

Greg Peterson
Vice President, Investor Relations
(770) 232-8229
greg.peterson@agcocorp.com

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Prestigious Red Dot: Product Design 2021 Award for Massey Ferguson MF 8S Series tractors

Thu, 01 Apr 2021 15:04:00 GMT

Massey Ferguson, a worldwide brand of AGCO (NYSE:AGCO), is delighted to announce it is honoured to receive a Red Dot Award: Product Design 2021 for Product design, in the commercial vehicle category, for the innovative MF 8 S Series of tractors. This latest accolade follows the MF 8S.265 Dyna E-Power Exclusive winning the prestigious Tractor of the Year 2021 as well as Best Global Digital launch 2020.

An international jury selected the MF 8S from thousands of entries from more than 60 countries for the Red Dot Award: Product Design 2021 Award, which is only presented to products that feature outstanding design.

“We are honoured the MF 8S has been chosen to receive this special award,” says Thierry Lhotte, Vice President & Managing Director Massey Ferguson, Europe & Middle East. “With the MF 8S Series, we are defining a new era in tractor design, which the jury has distinguished with the Red Dot: Product Design 2021 Award.

“Developed for farmers by farmers, following seven years of thorough testing and extensive customer consultation, the MF 8S Series combines radical designs with a practical purpose. While equipped to a superb specification, it also introduces a completely new and enhanced user experience,” adds Mr Lhotte.

“The MF 8S launch was just the first milestone of our fully rejuvenated tractor range offensive. We are thrilled to have received such industry leading awards for the MF 8S together with farmers’ recognition through their choice for their new tractor. This is just the beginning. After the MF 8S and the MF 5S launches in 2020 we are now looking forward for new launches to come by the end of the year 2021, meeting farmers’ demand for straightforward and dependable smart and connected machines,” adds Francesco Murro, Director Marketing, Massey Ferguson Europe & Middle East.

The distinctive Protect-U design with its 24cm gap between the cab and the engine installation, sets the MF 8 S Series apart from all other tractors. As well are reducing heat, noise and vibrations being transmitted to the cab, the unique encapsulated engine position improves cooling and performance.

Completely new, the MF 8S Series introduces novel, innovative designs in every area – engine, cab, transmissions and driveline as well as new controls and connectivity. Equipped to a high standard, it comes with different specification packages, which offer great value for money, ensuring buyers can tailor the tractors to suit their specific applications.

There is a choice of four models from 205hp to 265hp, all offering 20hp of extra power with Engine Power Management.

With the launch of the MF 8S Series Massey Ferguson is meeting the demands of modern, sustainable farming by combining state-of-the-art machinery with a comprehensive range of fully connected services to help customers manage their businesses more effectively.

About AGCO

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agriculture equipment and solutions and supports more productive farming through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimization services. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2020, AGCO had net sales of $9.1 billion. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

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AGCO Releases 2020 Sustainability Report

Wed, 24 Mar 2021 12:00:00 GMT

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Company Prioritizes Soil Health, Decarbonization, Employee Safety and Animal Welfare

AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, Monday released its 2020 Sustainability Report https://ar2020.agcocorp.com/sustainability/ . Included in the report is a range of goals and commitments, such as its target to reduce greenhouse gas emissions across its manufacturing operations by 20 percent by the end of 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210324005194/en/

AGCO releases 2020 Sustainability Report (Photo: Business Wire)

The Sustainability Report, the first published by AGCO since 2014, follows AGCO`s announcement in October 2020 of a global sustainability function and comes on the heels of its new farmer-first strategy, which was unveiled earlier this month and includes sustainability as a key component.

“AGCO’s new vision and purpose reinforce our commitment to rapid innovation and the evolution of precision agriculture solutions to help farmers produce more with less environmental impact,” said Eric Hansotia, AGCO’s Chairman, President and CEO. “The agriculture industry has the opportunity—and responsibility—to think big and act bigger. Our new sustainability strategy will be the launch pad for focused creativity and innovation in the years to come.”

AGCO is focusing its sustainability efforts in four key areas:

Soil health and soil-carbon sequestration, with a pledge to develop new sensors and other technologies to improve soil health
Decarbonization of facilities and products, such as attaining 60 percent use of renewable energy in internal operations by 2026 and delivering a fully electric Fendt tractor by 2025
Employee health, safety and well-being, including a commitment to improve its recordable injury rate year on year
Animal welfare, which includes the formation of an advisory group of animal welfare experts to help guide the company’s efforts.

“AGCO has made significant progress in designing innovative products, creating operational efficiencies, and providing agronomic expertise to farmers,” said Louisa Parker-Smith, AGCO’s Director of Global Sustainability. “With our new, focused approach, we are committed to building on these strengths to create even more value for farmers while committing to help and protect our environment.”

For more information on ACGO’s sustainability initiatives, please visit https://ar2020.agcocorp.com/sustainability/ .

About AGCO

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.1 billion in 2020. For more information, visit www.AGCOcorp.com . For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210324005194/en/

Cristiane Masina
Global Corporate Communications Manager
cristiane.masina@AGCOcorp.com

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Precision Planting Manager Offers Advice For Maximizing Planter Efficiency

AgWeb — Fri, 19 Mar 2021 12:44:00 GMT

Troy McKown, region manager lead for Precision Planting, shares how producers can maximize efficiency with high-speed planting technology.

Fendt Sprayer Specialist Discusses New RoGator Range

Farmers Weekly — Thu, 18 Mar 2021 12:31:00 GMT

James Wallington, Fendt’s sprayer specialist, spoke with Farmers Weekly about how the new range of RoGators is offering farmers the choice of new spraying technology in its trailed range.

AGCO Among Companies Developing Autonomous Farm Tech

PrecisionAg — Thu, 18 Mar 2021 12:29:00 GMT

AGCO looks to innovate certain tasks with technology solutions based on farmer need, much of it centered around seeding.

AGCO’s Bill Hurley Discusses Right To Repair

KNEB-AM — Fri, 12 Mar 2021 13:42:00 GMT

During this year's Commodity Classic, AGCO VP VP Bill Hurley share his thoughts and insights on right to repair.

AGCO and Geringhoff Announce Collaboration

Fri, 05 Mar 2021 17:01:00 GMT

DULUTH, GA, March 05, 2021 – AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, and Carl Geringhoff Vertriebsgesellschaft mbH & Co. KG, announced today that an agreement has been signed for the two companies to form a collaboration for the distribution and development of combine harvester headers.

“Geringhoff is a strong business that plays an essential role in the growth and adoption of innovative combine harvester header technologies that help farmers enhance their productivity,” said Barry O’Shea, Vice President Product Line Leader for AGCO combines. “As a leading global equipment manufacturer, AGCO is uniquely positioned to support broader distribution of Geringhoff combine harvester cutting heads alongside its own combine harvesters. The collaboration will also result in the development of innovative harvesting products that improve the efficiency and productivity for farmers around the world.”

“The agreement between Geringhoff and AGCO will provide new opportunities for Geringhoff to grow its global combine header business and develop new harvesting cutting technologies to strengthen our position as leading supplier for arable farmers across the globe,” said Daniel Hansmeier, Geringhoff’s Chief Executive Officer.

About Carl Geringhoff Vertriebsgesellschaft mbH & Co. KG

Geringhoff was founded in 1880 and has been a part of the farm equipment industry ever since. The company continues to be a family business and is now in its fifth generation. Geringhoff’s origins 140 years ago was as a metal forging and farm equipment trading company. It has since evolved into a modern international provider of engineered harvest heads and is a key employer in the areas where they operate. By continuously engineering improvements to their products, Geringhoff has earned an international reputation for technology, quality and innovation. Today Geringhoff operates in three main locations. The company’s headquarters and main facility is located in Ahlen, Germany, where the company was founded. Geringhoff operates a modern spare parts and distribution center in Guissen. The third main location is in St. Cloud, Minnesota, U.S., founded in order to better serve their North American customers through manufacturing, distribution, service and parts. For more information, please visit www.geringhoff.com or follow the company on Twitter @geringhoff.

About AGCO

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.0 billion in 2019. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

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AGCO Vice President Participates In Roundtable About Technology, Broadband Access

Progressive Farmer — Fri, 05 Mar 2021 13:06:00 GMT

Bill Hurley, vice president, aftersales, customer support, distribution development for AGCO North America, participated in a virtual roundtable of farm industry executives on topics ranging from autonomous machines and artificial intelligence to the shortcomings of broadband in rural areas.

AGCO Announces Farmer-First Strategy

Wed, 03 Mar 2021 16:50:00 GMT

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AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its farmer-first strategy designed to maximize value creation for its key stakeholders.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210303005773/en/

AGCO Announces Farmer-First Strategy (Photo: Business Wire)

During its 2021 Virtual Analyst Briefing, Eric Hansotia, AGCO’s Chairman, President and CEO introduced AGCO’s new Purpose and Vision statements that, when combined, offer powerful insight into the role AGCO intends to play for farmers and within the agriculture industry. AGCO’s Purpose is to deliver “Farmer-focused solutions to sustainably feed our world” and its Vision is to be the “Trusted partner for industry-leading, smart farming solutions.”

AGCO will realize its Purpose and Vision by continuing to leverage its award-winning, differentiated brand portfolio to offer farmers exceptional customer experiences that reinforce brand promises and provide high-quality, smart farming solutions that deliver customer value. We will partner with dealers to engage and support farmers throughout the lifecycle from purchase to replacement. Embedded in the business are four environmental and social pillars that create value for stakeholders and strengthen the reputation of the agriculture industry: advancing soil health and soil-carbon sequestration, decarbonizing our operations and products, elevating employee health, safety and wellbeing, and prioritizing animal welfare in food production.

Reinforcing AGCO’s goal to help farmers increase net farm income by improving yield or reducing waste, Seth Crawford, Senior Vice President, Precision Ag and Digital, showcased AGCO’s approach to unlocking this significant customer value. Leveraging its Fuse precision ag technology across the core brand portfolio, growing its global, Precision Planting retrofit business, and optimizing its collaboration with sales partners through the Digital Customer Experience to better serve farmers are key elements of AGCO’s strategic focus in this dynamic space.

Mr. Hansotia summarized AGCO’s farmer-first strategy, “Our strategy is custom built to place farmers at the center of everything we do. Deeply understanding our customers’ needs and aligning our business to meet and exceed their expectations will deliver sustainable stakeholder value and help secure the global food supply for future generations.”

About AGCO

View source version on businesswire.com: https://www.businesswire.com/news/home/20210303005773/en/

Greg Peterson
Vice President, Investor Relations
Greg.Peterson@agcocorp.com

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Precision Planting reveals new row cleaner

Agrinews — Wed, 03 Mar 2021 15:40:00 GMT

Precision Planting product manager Jason Stoller gave farmers their first look at the company’s new row cleaner, Reveal, at the winter conference.

AGCO announces direct connection with Solinftec to provide AGCO customers groundbreaking operational insights

Mon, 01 Mar 2021 13:00:00 GMT

DULUTH, GA, March 1, 2021 – AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions is enabling a direct connection with Solinftec on telemetry-equipped RoGator and TerraGator application equipment. This joint solution reduces idle time, increasing revenue-generating activities and the quality of service to farmers.

Solinftec’s end-to-end solutions maximize logistical efficiency across the supply chain, eliminating bottlenecks in application and tendering. Across the 4 million applied acres deploying the company’s solution in the United States’ Corn Belt, customers have realized a significant improvement in their annual revenue by increasing the number of applied acres per machine per year by up to 5,000 acres. Globally, Solinftec has over 100,000 daily users, coverage of 22 million acres, and over 85% market share in the sugar cane segment in Brazil where the company began.

In 2019, AGCO and Solinftec entered a strategic partnership focused on bringing greater efficiency to agricultural operations in South America, with AGCO dealers in the region offering the Solinftec solution as an aftermarket product. The results Solinftec delivered in both sugar cane and row crop operations led the two companies to agree to jointly present the solution on application equipment in the North American market.

“We are excited to take our partnership with Solinftec to the next level by offering our ag retailer customers an easy way to save money and cover more acres with Solinftec’s solution on our RoGator and TerraGator application equipment in North America,” said Seth Crawford, Senior Vice President and General Manager, Precision Ag and Digital for AGCO.

“After years of developing a strong relationship in South America, we are eager to be expanding our strategic partnership with AGCO,” said Britaldo Hernandez, CEO and founder of Solinftec. “As Solinftec’s global footprint quickly evolves, we are happy to have AGCO as a key partner to help us continue to provide real value to our customers.”

The new, direct connection offers AGCO customers with active AGCO Connect subscriptions the option to subscribe to the Solinftec offering without purchasing and installing additional telemetry hardware, which streamlines access to Solinftec’s solution for the connected AGCO fleet.

Through this connection, Solinftec customers will be able to accurately see parameters from their connected AGCO machines modeled on the AI Solinftec platform to get a highly accurate picture of where inefficiencies are occurring and how they can be addressed in real time.

Customers can access this information and generate efficiency reports on the cloud-based Solinftec platform at any time. The software calculates the best efficiency application scenarios and recommends a dispatching model for scheduling operators. Weather information is also integrated into the Solinftec solution, allowing users to modify their original plan based on potential weather events.

AGCO and Solinftec continue to explore opportunities to strengthen their partnership across subsequent product lines and regions. To find out more about this exciting new opportunity, please visit www.solinftec.com.

About AGCO

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.1 billion in 2020. For more information, visit http://www.AGCOcorp.com . For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

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AGCO Benefits As Small Tractor Sales Surge During Pandemic

CNBC — Thu, 25 Feb 2021 12:27:00 GMT

In a segment on CNBC's Power Lunch, Jane Wells discusses the 30 percent year over year rise in small tractor sales with AGCO CEO Eric Hansotia.

AGCO to Host Analyst Meeting

Mon, 15 Feb 2021 13:00:00 GMT

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AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced today that it will conduct a virtual analyst briefing on Wednesday, March 3, 2021. The meeting will include presentations by Eric Hansotia, AGCO’s Chairman, President and Chief Executive Officer, Andy Beck, AGCO's Senior Vice President and Chief Financial Officer and Seth Crawford, AGCO’s Senior Vice President, Precision Ag and Digital. The briefing will begin at 8:30 a.m. E.S.T. and is expected to conclude by 10:30 a.m. Investors may register for the event by accessing the link on AGCO’s corporate website in the "Investors" section at www.agcocorp.com . The virtual analyst meeting will also be archived immediately afterwards.

About AGCO:

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.1 billion in 2020. For more information, visit http://www.AGCOcorp.com . For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210215005040/en/

Greg Peterson
Vice President, Investor Relations
(770) 232-8229
greg.peterson@agcocorp.com

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AGCO Corp - AGCO

PTI Manager Cited As “Pioneer” Of Multi-Hybrid Planting

'Our factories are hungry' - U.S. farm machinery maker faces dearth of components

AGCO Director Of Global Sustainability Discusses Company’s Approach To Sustainability

AGCO Awards Top Performing Suppliers at 2021 Virtual Supplier Event

MEDIA CONTACT Bob Blakely, AGCO | Bob.Blakely@AGCOCorp.com | 770-232-8018

AGCO’s AutoDock Praised As Novel, Time-Saving Innovation

AGCO Eyes Higher Operating Margin Amid Farm Economy Turnaround

AGCO Announces 2021 First Quarter Earnings Release and Conference Call

Prestigious Red Dot: Product Design 2021 Award for Massey Ferguson MF 8S Series tractors

AGCO Releases 2020 Sustainability Report

Precision Planting Manager Offers Advice For Maximizing Planter Efficiency

Fendt Sprayer Specialist Discusses New RoGator Range

AGCO Among Companies Developing Autonomous Farm Tech

AGCO’s Bill Hurley Discusses Right To Repair

AGCO and Geringhoff Announce Collaboration

AGCO Vice President Participates In Roundtable About Technology, Broadband Access

AGCO Announces Farmer-First Strategy

Precision Planting reveals new row cleaner

AGCO announces direct connection with Solinftec to provide AGCO customers groundbreaking operational insights

AGCO Benefits As Small Tractor Sales Surge During Pandemic

AGCO to Host Analyst Meeting

MEDIA CONTACT
Bob Blakely, AGCO | Bob.Blakely@AGCOCorp.com | 770-232-8018