Leaders from seven agriculture equipment manufacturing associations from around the world have signed a Memorandum of Understanding to officially launch the Agrievolution Alliance, which will facilitate collaboration and cooperation on a global basis within the ag equipment manufacturing industry.

Projects to increase AGCO Corp's tractor making capacity at existing facilities in North America and Europe are reportedly on track to start assembling products this year. And with the development of more powerful Sisu engineers, greater independence from outside power unit suppliers is clearly the goal of the company's latest engine developments.