Yo-yoing U.S. tariff rates will end up costing farmers more for new machinery and parts — and not just farmers in the U.S. either.
Tag Archives AGCO
Trump tariffs mean fewer machinery purchases, higher costs for farmers
Agco plans to spread tariff costs across its full product line, not just the most affected units
VIDEO: Agco debuts new double baler the Hesston SB.1436DB
The Hesston by Massey Ferguson SB.1436 DB baler is designed to make two bales at once to maximize field productivity
Agco’s new SB.1436DB small square baler builds two 14- by 18-inch small square bales at the same time to maximize field productivity.
Looking back on a career in machinery manufacturing
After 19 years near the top of the leadership chart at Agco, senior vice-president Bob Crain retired at the end of 2024. The Western Producer sat down with him to look back on his role in steering the company over the past two decades. “I was lucky in my career, being able to be a […] Read more
Major brands adjust to new market
Equipment companies throttle back production and inventory levels to maintain margins amidst large drop in sales
In the 1980s, Massey Ferguson’s Brantford, Ont., combine assembly plant started bleeding red ink due to management’s failure to adjust to changing market conditions. Another key problem was a bloated inventory of unsold machines sitting outside the factory doors. All of the that led to the eventual closure of the plant and the bankruptcy of […] Read more
Is right to repair a security vulnerability?
Brands should be proactive about allowing controlled CPU access to their equipment, security experts says
In May 2022, Agco announced it had become the victim of a ransomware cyberattack, which disrupted production at assembly plants. In May of this year, Germany-based implement manufacturer Lemken announced it too had been attacked by hackers. Equipment manufacturers across the board are working to protect their digital systems against malicious intrusion. At the same […] Read more
The Fendt 600 Vario Series is a new mid-horsepower line of tractors
Fendt’s 600 Series can handle a variety of farm tasks with the help of its new generation of VarioDrive CVT transmission
Fendt, Agco’s premium tractor brand, was given a new addition in late August with the introduction of the all-new mid-horsepower 600 Series. The new model line, which was first shown to the world during the Agritechnica show in Germany last November, has now come to North American shores. The four tractors in the 600 Series […] Read more
Agco strikes deal to sell grain bin firm GSI
Agco has completed a deal to sell the majority of its Grain and Protein business division, including its grain bin and handling equipment arm GSI, to American Industrial Partners for a reported US$700 million. The company says it plans to focus on precision agriculture products and machinery. ”The divestiture of Grain and Protein supports Agco’s […] Read more
Agco focuses on retrofit automation technology
Recent disruptive technologies including auto guidance have seen growth start with aftermarket systems
When auto guidance appeared on the scene, it was grassroots demand from producers and aftermarket system suppliers that pushed the technology forward. As autonomy becomes the latest disruptive technology in ag equipment, Seth Crawford, Agco’s senior vice-president and general manager, precision ag and digital, said he sees it becoming mainstream in the same way auto […] Read more
Striving for tech dominance in age of automation
Agco looks to dominate the precision farming landscape and to deliver products to producers in a new way
Speaking to a group of ag and investment journalists in late June, Agco chief executive officer Eric Hansotia said his aim is to take Agco to a dominant market position when it comes to precision farming offerings. The decision to pursue that goal was made in a meeting of senior management several months ago, he […] Read more
Why did Caterpillar sell off the Challenger line?
Former Cat CEO Glen Barton explained distribution challenges helped prompt the sale in a conversation after his retirement
In early 2002, Caterpillar sold the Challenger belted tractor line it had developed to Agco, just 16 years after it introduced it to the market. However, some Caterpillar dealers in Canada continued to sell the Challenger, and because of the Cat-built drive train, the tractors continued to carry a Cat decal on their sides for […] Read more
