Net sales in the North American region decreased 16.3% in the full year of 2015 compared to 2014, excluding the negative impact of currency translation. Weaker industry demand and dealer inventory reduction efforts contributed to lower sales.
Fendt, Massey Ferguson and Valtra, three of AGCO's leading brands, achieved all but one of the Tractor of the Year 2016 Awards at Agritechnica this week.
Praxair, the largest industrial gases company in North and South America, has elected Martin H. Richenhagen, chairman, president and CEO of AGCO, to its board of directors.
AGCO reported net sales of approximately $1.7 billion for the first quarter of 2015, a decrease of approximately 27% compared to net sales of approximately $2.3 billion for the first quarter of 2014.
AGCO announced it has increased the company’s quarterly dividend to $0.12 per outstanding share, up $0.01 from $0.11 per outstanding share paid last quarter.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at the implications Deere's settlement with the FTC has on the broader industry.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.