AGCO Corporation, based in Duluth, Ga., is a global manufacturer of agricultural equipment for a good reason.
“Many AGCO employees live and work in Gwinnett County, which is one of the finest in Georgia,” said Martin Richenhagen, Chairman, President and CEO of AGCO. “We support a number of organizations that enhance the quality of life for these employees and everyone else living and working in Gwinnett. And, being a member of the Gwinnett Chamber of Commerce keeps us tied to the local business community as well.”
Founded in 1990, AGCO Corporation (NYSE: AG) (www.agcocorp.com) offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements, which are distributed through 3,600 independent dealers and distributors in 140 countries worldwide. AGCO products include the following well-known brands: AGCO®, Challenger®, Fendt®, Gleaner®, Hesston®, Massey Ferguson®, New Idea®, RoGator®, Spra-Coupe®, Sunflower®, Terra-Gator®, Valtra®, and White™ Planters. In 2005, the company had net sales of $5.4 billion.
The world’s population is expected to reach an all-time high within the next 50 years, at 10 billion and AGCO Corporation’s vision is to provide high-tech solutions to professional farmers feeding the world, while redefining and leading the agricultural equipment category by increasing the efficiency and productivity of farmers. AGCO is dedicated to helping its dealers and employees grow, maintaining high ethical standards, respecting the environment, preserving the traditions and values of its brands, and providing superior returns to its shareholders.
AGCO supports the development of alternative fuels, many of its products run on a 20 percent biodiesel mixture. AGCO products currently meet Tier III compliance, and it is actively working toward Tier IV standards, in advance of governmental requirements – meaning fewer emissions into the environment.
AGCO’s local support includes Junior Achievement of Georgia; Gwinnett Tech Foundation; Georgia Economic Development Foundation; Duluth Police Department; Operation One Voice; Atlanta Legal Aid Society; Gwinnett United in Drug Education; Aurora Theatre in Duluth; Gwinnett Hospital Systems; and the Duluth Fall Festival.“We are proud to be located in Gwinnett County and will continue to support the community that has supported us for so many years,” said Richenhagen.
