Agricultural Machinery Manufacturing
Industry Description
The US agricultural machinery manufacturing industry includes about 1,100 companies with combined annual revenue of about $24 billion. Major companies include Deere, AGCO, Alamo Group, and Great Plains Manufacturing. The industry is highly concentrated: the 50 largest companies generate more than 80 percent of revenue.
SIC: 3523
NAICS: 333111
NAICS: 333111
Related Industries:
Animal Production, Crop Production, Machinery Manufacturing, Farm & Garden Equipment WholesalersTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Deere & Company | 32,012.50M | Moline, IL |
| Fiat Industrial S.p.A. | 25,751.74M | Turin, Italy |
| CNH Global N.V. | 19,185.00M | Amsterdam, The Netherlands |
| Kubota Corporation | 11,266.78M | Osaka, Japan |
| AGCO Corporation | 8,773.20M | Duluth, GA |
Trends
Productivity Gains - In response to cyclical demand and foreign competition, agricultural...
Industry Indicator
US durable goods manufacturers' shipments of machinery, an indicator of demand for farm equipment, rose 12.6 percent in the first eleven months of 2011 compared to the same period in 2010.
Quarterly Industry Update
Companies Predict Shifts in Equipment Demand - An anticipated reduction in demand has prompted Deere and other large equipment manufacturers to cut combine production capacity for 2012, according to industry analysts. Deere...


