GSI - AGCO

GSI Expert Offers Advice For Inspecting Grain Bins

FarmProgress — Mon, 25 Jan 2021 12:42:00 GMT

Gary Woodruff, district sales manager and grain conditioning expert for GSI, shares tips on checking grain bins for structural integrity.

Give Your Grain System a Post-Harvest Performance Review

Agrinews — Mon, 04 Jan 2021 14:31:00 GMT

GSI manager Gary Woodruff gives recommendations on how farmers can evaluate their grain systems following the harvest

New Solar Energy System Helps Power AGCO Manufacturing Facility in Illinois

Thu, 10 Dec 2020 13:00:00 GMT

ASSUMPTION, Ill. (December 10, 2020) — A new solar energy system is expected to provide both economic and environmental benefits at AGCO’s facility in Assumption, Illinois, generating approximately 20% of its power requirements.

Located on an 8-acre site adjacent to the plant, which manufactures GSI grain storage and conditioning equipment, the solar project was designed and constructed by SolAmerica Energy. It is a ground-mounted system that rotates to track the sun throughout the day, maximizing electricity production.

The power generated — targeted at 3.2 million kilowatt hours for the first year — is expected to produce substantial savings compared to the facility’s current energy costs. Besides the economic benefit, the project also offers an environmentally friendly source of clean, renewable energy.

“We’re very proud to support the adoption of solar energy on this large-scale basis, which will contribute to the global effort to help protect our climate,” said Hans Lehmann, Vice President, Americas, AGCO Grain & Protein. “This project also supports AGCO’s ongoing commitment to provide sustainable, high-tech solutions for farmers feeding the world.”

“SolAmerica has been honored to work with AGCO on this exciting project,” stated John Buffington, Vice President of Business Development for SolAmerica. “AGCO approached SolAmerica with a view that going solar could add value to their GSI business while supporting the company’s commitment to environmental sustainability in a tangible way. We applaud AGCO for this vision.”

Buffington said an added benefit of the project is that the site area has been planted with wildflowers and native grasses intended to provide habitat to pollinating species, which offer critical ecological and agricultural benefits.

The AGCO solar energy system was developed under the Illinois Shines initiative, a state incentive program designed to promote the development of new solar energy sources in Illinois. For additional information about GSI, visit grainsystems.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 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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GSI Introduces New Options For VersaLoop Chain Conveyer

Agriculture Online — Thu, 12 Nov 2020 14:11:00 GMT

These angled designs, available in 30° or 45°, provide more flexibility to maximize the space and efficiency of on-farm grain handling systems.

Top 10 New Product of the Year Finalists

Farm Journal's AG Pro — Mon, 09 Nov 2020 15:54:00 GMT

Read about each of these 10 finalists, and then, cast your vote for the 2020 New Product of the Year. Deadline to vote is Dec. 31, 2020.

GSI InterSystems Blend Tower Among Finalists In New Product Contest

AgProfessional — Mon, 09 Nov 2020 14:18:00 GMT

The GSI InterSystems Blend Tower is one of 10 finalists in The Scoop’s 2020 New Product of the Year contest.

AGCO Agriculture Foundation and Self Help Africa Partner to Enhance Local Capacity for Sustainable Poultry Production in Zambia

Mon, 09 Nov 2020 13:56:00 GMT

DULUTH, GA, November 9, 2020 – The AGCO Agriculture Foundation (AAF), a private foundation based in Liechtenstein committed to food security and sustainable agricultural development, today announced a new partnership with Self Help Africa (SHA) to implement a sustainable poultry production project that will contribute to enhanced food, skills, income and nutrition security of smallholder farming communities in Chongwe District of the Republic of Zambia.

The official project launch event took place at the AGCO Future Farm Zambia on Thursday, November 5, 2020, with 50 stakeholders in attendance from across the Zambia poultry and agricultural industry, government officials, journalists, farmer cooperatives, poultry associations and community leaders, including representatives of the Chongwe District’s Royal Highness Senior Chieftainess Nkomeshya Mukamambo II.

The poultry industry in Zambia is mostly dominated by small-scale farmers who depend on poultry as a social safety net, especially vulnerable households. Given the growing demand for poultry protein and global commitment towards improvement of animal welfare, it is pivotal to develop tailored projects and initiatives that address key issues and provide sustainable solutions to hunger and nutrition among marginalized farming communities.

“We understand the urgent need to support small-scale farmers in Zambia so that together we can improve production and address existing food and nutrition insecurities. Our foundation is thrilled to partner with Self Help Africa to implement a sustainable approach to enhance the knowledge, skills and practices of smallholders. Empowering the producers to improve their livestock management operations for economic and nutritional benefits will also highlight animal welfare practices for better treatment of farm animals across the value chain,” says Metti Richenhagen, Managing Director, AGCO Agriculture Foundation.

The AGCO Agriculture Foundation’s funding is geared towards increasing the productivity, skills, nutrition and income of 100 poultry farmers in the Chongwe district of Zambia and 50 female poultry farmers from the identified women’s groups.

“Supporting small-scale farmers to end hunger and poverty in rural Africa remains our key focus, and we are excited to work with the AGCO Agriculture Foundation to strengthen this zero hunger commitment. With the prevalence of hunger and nutrition insecurity in the targeted Chongwe district, which has been further exacerbated by the COVID-19 pandemic, we are optimistic about the timely intervention the project will bring towards sustainable poultry production,” says Elia Manda, Zambia Country Director, Self Help Africa.

The project will be implemented in conjunction with the AGCO Future Farm in Zambia to provide training support for the project beneficiaries.

“Our agricultural training facility will play a key role to facilitate knowledge and skills transfer for farmers on best livestock management practices required to boost productivity and income. We will work with our Grain & Protein business unit to support selected farmers on improved animal welfare and livestock management operations,” adds Kalongo Chitengi, Senior Manager, AGCO Future Farm.

About the AGCO Agriculture Foundation (AAF)
The AGCO Agriculture Foundation (AAF), initiated by AGCO Corporation (NYSE: AGCO) in 2018, is a private foundation with the vision to prevent and relieve hunger. The foundation initiates impactful programs that support food security, foster sustainable agricultural development and build needed agricultural infrastructure in marginalized farming communities. AAF is domiciled in Vaduz, Liechtenstein and operations are managed from Duluth, Georgia, USA. For more information, please visit https://www.agcofoundation.org/

About Self Help Africa (SHA)
Self Help Africa is a registered charity organization in England and Wales with no. 298830 and a company limited by guarantee no. 02226352. SHA has 50 years of experience working in smallholder farmer-led agriculture and agri-enterprise in nine countries across East, Southern and West Africa. SHA supports smallholder farmers to build sustainable, healthy and resilient livelihoods through; knowledge and skills transfer, facilitating innovation, enabling engagement in profitable value chains and enterprises, and support access to finance for investment in future development. For more information, please visit https://selfhelpafrica.org/uk/about-us/

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Stand-Strong Storage

Progressive Farmer — Thu, 22 Oct 2020 18:10:00 GMT

The first time a "once-in-a-lifetime" derecho slammed into Wade Wilson's farm near Dysart, Iowa, in 2011, all of his grain bins ended up in nearby fields. Winds in excess of 100 mph ripped the structures apart.

New Grain Systems Improves Efficiency

Ohio's Country Journal — Wed, 21 Oct 2020 14:53:00 GMT

An Ohio farming family is enjoying smoother production after incorporating a new grain handling and storage system from GSI to assist with their switch from growing popcorn to corn.

Five Tips For Storing Damaged Grain

Wed, 14 Oct 2020 14:17:00 GMT

Hail, mold and frost can damage the bottom line, but these five strategies can reduce the odds you’ll be docked at the grain elevator.

Indiana Farmer Turns To GSI To Expand Grain System

AgriNews — Wed, 14 Oct 2020 12:17:00 GMT

Joe Schepman of Seymour, Indiana expanded his grain system to include a 6,000 bushel per hour grain leg, 40,000 bushel storage bin and unloading pit for wet corn.

GSI Bin Helps Illinois Farmer Improve Storage Capacity

Agrinews — Tue, 29 Sep 2020 12:21:00 GMT

New 60-foot GSI bin increases on-farm storage capacity to about 300,000 bushels.

AGCO To Acquire Research, Development Firm

World-Grain.com — Fri, 11 Sep 2020 14:12:00 GMT

AGCO is acquiring 151 Research, a research and product development firm, to create new technology solutions for grain customers.

AGCO Agrees To Acquire Product Development Firm 151 Research

Fri, 11 Sep 2020 13:30:00 GMT

DULUTH, GA, September 11, 2020 – AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, announced an agreement to acquire research and product development firm 151 Research to create new technology solutions for grain customers.

AGCO and 151 Research previously had an exclusive technology partnership to develop GSI GrainViz precision grain monitoring, which gives growers and commercial operators advanced insight into the moisture content of the grain in their steel storage bins. This acquisition will allow AGCO to continue development of GrainViz and expand into new solutions.

“Our grain customers are facing significant challenges due to difficulty finding labor, low commodity prices and tight margins. We need the sharpest minds working on finding answers to these challenges, and we believe this acquisition will help improve our customers’ operations through smarter technology,” said Stefan Caspari, AGCO Senior Vice President, General Manager, Grain and Protein. “We are excited about the continued development of GrainViz and look forward to creating a connected experience across the entire grain system to increase efficiency and profitability for our customers.”

“Our team’s goal at 151 Research has always been to solve problems by helping customers gain actionable insights to improve their business," said Paul Card, Chief Executive Officer, 151 Research. “GrainViz allows users to see the moisture content throughout the entire grain mass to proactively manage the quality and quantity of their stored grain. We are pleased AGCO recognized the benefits this game-changing technology can bring to customers and shares our passion for finding smarter answers to the industry’s biggest challenges.”

AGCO intends to retain the firm’s 45 current employees and to maintain the Winnipeg office as the smart grain technology center of excellence. The team is completing an initial release of GrainViz in a limited number of bins this fall. A broader launch is planned prior to the 2021 harvest.

# # # #

Press contact
Jon Peterson
Sr. Manager, Global Branding and Communication, Grain and Protein
Jon.Peterson@AGCOCorp.com

Investor Contact
Greg Peterson
Vice President, Investor Relations
Greg.Peterson@AGCOCorp.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 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.

About 151 Research
151 Research develops intelligent security, remote monitoring and management, and advanced imaging solutions to help customers gain actionable business insights. In partnership with the University of Manitoba’s Electronic Imaging Lab and other academic partners, 151 Research is solving problems for retail, the medical field, information security and agriculture. To learn more visit www.151Research.com.

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AGCO Launches Virtual Product Showroom

AG Daily — Thu, 10 Sep 2020 14:05:00 GMT

This week, AGCO Corporation launched a virtual product showroom for producers and consumers in North America.

GSI Recommends Eight Maintenance Checks When Getting Grain Systems Ready for Harvest

AgriMarketing — Mon, 24 Aug 2020 15:14:00 GMT

Expectations for a large grain harvest this fall make it especially important that farmers take care of maintenance needs for their grain systems before the combines roll.

AGCO Announces Chairman and CEO Succession

Thu, 20 Aug 2020 13:29:00 GMT

DULUTH, GA – AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions (NYSE:AGCO), today announced that Martin Richenhagen has chosen to retire as Chairman, President and Chief Executive Officer on December 31, 2020. The Company further announced that its Board of Directors has appointed Eric Hansotia, currently AGCO’s Senior Vice President and Chief Operating Officer, to succeed Mr. Richenhagen as Chairman, President and Chief Executive Officer effective January 1, 2021. In addition, Mr. Hansotia has been elected to the Board of Directors, effective immediately.

Martin Richenhagen joined AGCO in 2004 as President and CEO and was named Chairman of the Board of Directors in 2006.

“It’s been my greatest privilege to serve alongside my AGCO colleagues for the past 16 years,” stated Mr. Richenhagen. "Their dedication, integrity, innovativeness and commitment to our customers are what make AGCO such an extraordinary Company, and I’m proud to have been part of its history. I have tremendous confidence in Eric, the Board, our employees and our dealer network, and believe that AGCO’s best days are yet to come.”

Speaking on behalf of AGCO’s Board of Directors, Gerald Shaheen, AGCO’s independent Lead Director, stated, "Martin has served AGCO with great distinction through the years, and we are enormously thankful for his contributions to the Company. Under his leadership, AGCO evolved into an integrated global manufacturer of high-tech, sustainable, agricultural solutions to serve our farmers around the world. AGCO expanded its product portfolio, entered into new markets, consolidated product platforms and modernized facilities. Driven by strong financial performance under his direction, AGCO improved to an investment grade credit rating while initiating a dividend and a substantial share re-purchase program. Martin has been a model of corporate leadership and integrity in the industry. We wish him well in his retirement and look forward to new levels of success under Eric’s leadership.”

“The Board and I are confident that Eric is the right person to build on AGCO’s solid foundation,” added Mr. Richenhagen. “Eric is a seasoned leader with broad industry knowledge, making him uniquely qualified to lead AGCO into the future. Eric has made significant contributions to AGCO’s success over the past seven years, most recently leading the Company through the unique challenges presented by COVID-19. His strong strategic view on the future trends in global agriculture along with his diverse operational experience will enable AGCO to successfully meet the changing needs of our customers.” Mr. Hansotia joined AGCO as Senior Vice President, Global Crop Cycle and Fuse Connected Services in 2013 and and has served in the role of Senior Vice President and Chief Operating Officer in 2019. Prior to joining AGCO, Mr. Hansotia had a successful 20-year tenure with Deere & Company where he held leadership positions including Senior Vice President, Global Harvesting and Vice President of Global Crop Care.

Mr. Hansotia shared, "I want to express my gratitude to both Martin and the Board of Directors for their confidence in my ability to lead AGCO into the future. Together with our talented team, I look forward to helping our global farmers sustainably feed the world through smart, innovative agricultural solutions. I believe farmer-driven innovation is the key to unlocking value for our employees, dealers and shareholders, and I look forward to building on Martin’s legacy as we realize AGCO’s bright future.”

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GSI simplifies installation of its temporary grain storage systems

Agri Marketing — Wed, 08 Jul 2020 11:33:00 GMT

GSI is making it easier for farmers and commercial operations to set up temporary grain storage in anticipation of higher capacity demand this harvest season.

AGCO South America 2019 Suppliers Awards Including A New Category of Inclusion and Diversity

AGCO — Tue, 30 Jun 2020 15:23:00 GMT

Held entirely online, AGCO South America has innovated its traditional AGCO Supplier Meeting. The meeting, which was the 21st edition of this prestigious award, took place June 16th and was attended by Eric Hansotia, Chief Operating Officer, Josip Tomasevic, Chief Product Officer, Luis Felli, President of AGCO South America, and Carlo Martorano, Purchasing Director of AGCO South America, in addition to all the leadership of AGCO in South America and 275 of the company’s main partner suppliers.

The event aimed to recognize suppliers that have achieved goals and exceeded the expectations of AGCO and its brands - including Massey Ferguson, Valtra, Fendt, and GSI - regarding the services and products delivered in 2019. During the meeting, topics such as AGCO's new vision, trends, sales, product development, and other points related to innovation and market in the industry were discussed.

In this edition, AGCO includes in its awards the Special Recognition - Diversity and Inclusion category for the first time. With this Special Recognition, the committee highlighted programs that are most aligned with AGCO's institutional values of Team Spirit, Respect, Accountability, Integrity, and Transparency.

In summary, nine companies in Brazil and Argentina received the highest level of excellence in the following categories: After-Sales, Innovation, Quality and Deliveries, Logistics Services, Indirect Materials, TOP Argentina Supplier, Partnership, and TOP Supplier 2019.

2019 Highlights Supplier of AGCO South America:

Category	Finalists	Award winners
After Sales	Ideal Diesel / Group Schumacher / AGEL	AGEL
Innovation	Metalúrgica Marks / MAHM / ZF	MAHM
Quality and Deliveries	Cinpal / Tianrun Industry / Advance Tyre	Cinpal
Logistic Services	Ceva Logistics / Unidão / Suzanlog	Suzanlog
Indirect Materials	VMAX Systems / GRSA / Route Automotive	GRSA
TOP Supplier in Argentina	SOGEFI Group / FATE / Food Service	FATE
Partnership	Plasolution	Plasolution
TOP Supplier 2019	Bosch Diesel / Metalúrgica Marks / Rotoplastyc	Metalúrgica Marks
Special Recognition - Diversity and Inclusion	Bosch / Bosch Rexroth / Shell / Dana	Shell

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 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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Grain imaging technology will be game-changer

Farm Progress — Thu, 18 Jun 2020 14:01:00 GMT

Hi-Tech Farming: Turning a concept into a practical tool for the farm takes time.