Articles Tagged with ''AGCO''

Forecast & Trends

Dealers Expect Price Hikes of 1-6% in 2014

Nearly 90% of dealers polled for Ag Equipment Intelligence's '2014 Dealer Business Outlook & Trends' survey say they expect prices for new equipment next year to rise between 1% and 6%. Only 2.8% of dealers say they don't expect increases for the price of new equipment in 2014.
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AGCO Unveils Fuse Technology

AGCO Director of ATS Global Marketing Bruce Hart, showcases the company's new Fuse farm management system at the 2013 InfoAg Conference in Springfield, Ill., and explains what role dealers will play in delivering the technology to customers.
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H&S Manufacturing Founder Lauri Heikenen Dies at 89

Lauri Raymond "Ray" Heikenen, 89, founder of H&S Manufacturing, passed away on May 10, 2013. After beginning high school, Heikenen went to work in a defense industry on the west coast during World War II, then enlisted in the Army Air Force on October 4, 1943. In the Army he received his high school equivalency, attended radio and gunnery school and became an aerial gunner in a B-17 Flying Fortress. The war ended before he was deployed overseas and he left the service on November 6, 1945 with the rank of sergeant.


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25,000th Large Square Baler is Built in Hesston, Kansas

In 1978, Hesston Corporation introduced the Model 4800, the industry's first large square baler, revolutionizing hay production and feeding practices at a time when labor availability and fuel prices were driving a need for innovations on the farm. Big square balers have come a long way since then, and on May 16, 2013, a large crowd gathered at AGCO's Hesston Operations to celebrate the 25,000th large square baler built in Hesston, Kan.
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AGCO's 1Q Net Sales Rise 5.7%

AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.4 billion for the first quarter of 2013, an increase of approximately 5.7% compared to net sales of $2.3 billion for the first quarter of 2012. Net income for the first quarter of 2013 was $1.19 per share.
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