AGCO Corporation

Duluth, GA United States

  (NYSE: AGCO)

Company Description

AGCO's annual harvests may be smaller than those of major rivals John Deere and CNH Global, but it reaps some healthy profits worldwide. AGCO makes tractors, combines, hay and forage tools, sprayers, and replacement parts for agricultural end-uses. It sells through a global network of some 2,650 dealers and distributors. It also builds diesel engines, gears, and generators through its AGCO Sisu Power unit. Brand names include Massey Ferguson, Challenger, Valtra (Finland-based), and Fendt (Germany). The company offers financing services to retail customers and dealers via a venture with Dutch company Rabobank. AGCO sells products in some 140 countries; about 80% of sales are generated outside North America.