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Hoover's Directories > Industry Overviews > Agricultural Machinery Manufacturing

Agricultural Machinery Manufacturing

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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
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Top 5 Companies

CompanySalesLocation
Deere & Company32,012.50MMoline, IL
Fiat Industrial S.p.A.25,751.74MTurin, Italy
CNH Global N.V.19,185.00MAmsterdam, The Netherlands
Kubota Corporation11,266.78MOsaka, Japan
AGCO Corporation8,773.20MDuluth, GA
Bullet - Yellow Arrow Box There are 27,942 companies in this industry. To view all of them, register now.

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.
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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...
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