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Ribbon Cut at New AGCO Parts Distribution and Training Center in Woodstock, Ontario

February 7, 2014 | Posted in Facilities
Source: www.AGCOParts.com.
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, and representatives from over 100 AGCO dealers, cut the ribbon on Tuesday, Feb. 4, on a full-stocking parts distribution center (PDC) in Woodstock, Ontario. The new PDC, which will house 40% more parts, totaling of $7M USD more than the facility it replaced, will ensure customers in eastern Canada have the right parts when they need them most. Dealers traveled from as far away as Nova Scotia to tour the new distribution center and learn about how it will help them better serve their customers.
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Agrievolution Alliance Announces Japan as Newest Member, Launches 'Global Impact' Initiative

February 4, 2014
The Agrievolution Alliance announces that Japan has joined the alliance and is the 12th member of this global coalition of agricultural equipment manufacturing associations. The alliance has a full agenda of cooperative projects, including a new “global impact statement.� The Agrievolution Alliance works to advance agricultural interests worldwide and strengthen global understanding of agriculture machinery’s vital role in sustaining a growing world population.
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Forecast & Trends

Dealer Optimism for 2014 Continues to Wane

February 3, 2014 | Posted in Data & Forecasts
In January, USDA once again lowered its 2013-14 outlook for farm cash receipts. The ag agency is now expecting cash receipts to decline by 14% in the year ahead. This is down from a 13% drop USDA projected in December.
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Wider World of Business

Keeping a Problem Employee Around Can Lead to Lower Morale

February 3, 2014 | Posted in Department Management
Source: Jannine Poick, Inc.com
It's a tough decision to let someone go from your company. But when you get to the point of making that decision, you may be too late. You gave second chances, you tried to get the person to come around, and you stayed positive until that point that pushed you over the edge. Then you said to yourself, “I should have let the person go months ago.�
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