AGCO

AGCO Corporation is a global leader in the design, manufacture, and distribution of agricultural machinery and precision agriculture technology. Founded in 1990 and headquartered in Duluth, Georgia, AGCO has grown through over 40 strategic acquisitions to become one of the world's largest agricultural equipment manufacturers.

The company produces a comprehensive range of agricultural equipment including tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment. AGCO markets its products through well-known brands including Fendt, Massey Ferguson, PTx Trimble, and Valtra, distributing through a network of independent dealers and distributors across more than 140 countries.

Under Chairman, President, and CEO Eric Hansotia's leadership since 2021, AGCO has implemented a Farmer-First strategy, shifting focus from machinery-centric acquisitions to technology-focused investments. A pivotal development occurred in September 2023 when AGCO announced a joint venture with Trimble Inc. to acquire an 85% stake in Trimble's agriculture assets for $2 billion, forming PTx Trimble to advance mixed-fleet precision solutions.

With approximately 24,000 employees across six continents and manufacturing facilities in multiple countries, AGCO reported net sales of $11.7 billion in 2024. The company focuses on enabling agricultural productivity, profitability, and sustainability through advanced farming solutions and precision agriculture technologies.