PDF Download

Total Page:16

File Type:pdf, Size:1020Kb

PDF Download December 22, 2004 AGCO Wins Prestigious Design & Performance Awards during 2004 DULUTH, Ga., Dec 22, 2004 (BUSINESS WIRE) -- AGCO Corporation (NYSE:AG), a worldwide designer, manufacturer and distributor of agricultural equipment, announces for the second year in a row it was the recipient of the most coveted industry award won for performance and engineering perfection of agricultural products. While at the Italian EIMA Agricultural Show, AGCO Corporation won the 2005 Tractor of the Year Award for the Massey Ferguson 8480 tractor and the Golden Tractor Award for the Valtra C 150 tractor. These prestigious awards are the result of a poll of over 14 judges consisting of many of Europe's leading agricultural journalists who rigorously assess the machines' performance. AGCO's Massey Ferguson 8480 won the highest marks. The MF 8400 Series, launched in September, is designed specifically to produce the very demanding outputs needed for economic operation in intensive fieldwork. Rated at 290 to 315 horsepower, the MF 8480 is the most powerful in a four-model range. All tractors are equipped with MF's highly acclaimed Dyna-VT continuously variable transmission, based on well-proven technology. Operators are closeted in the quietest, most comfortable cab environment in which to work. Comfort is further enhanced by MF's award winning Dual Stage cab suspension, which is fitted as standard. At the same show, AGCO's Valtra tractor C Series won the Golden Tractor for Design. This tractor, ideal for livestock farms, won for its agility and technical solutions inside the compact body design. This machine embodies simplicity and ease of use. Martin Richenhagen, Pres. & CEO, said, "We are delighted that the MF 8480 and Valtra C 150 have received these top accolades. Since joining AGCO, this past March, I have been impressed by the new ranges of tractors that both Massey Ferguson and Valtra now have to offer to customers of all types. The MF 8480 is a superb illustration of Massey Ferguson's commitment to producing exciting new products that all feature high caliber, innovative engineering. The quality, performance and reliability of the total new range of MF tractors is truly representative of a global brand. The Valtra C Series products are created to highlight the functional use for our customers. The Valtra C 150 focuses on the work ergonomics, the safety, comfort, and the ability of the driver to work for long hours. The design quality is also enhanced by the wide range of colors available for the customer's personal choice." AGCO is not a newcomer to award winning designations. This year, AGCO received the AE-50 certification awards for Outstanding Innovations by the American Society of Agricultural Engineers. In Brazil, AGCO was recognized with the "Top of Mind" Award for Massey Ferguson tractors. Last year, AGCO's Fendt 930 Vario TMS won the Tractor of the Year 2004 Award. AGCO Corporation, headquartered in Duluth, Georgia, is a global designer, manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in more than 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 8900 independent dealers and distributors around the world. AGCO products are distributed under the brand names AGCO(R), Agco Allis(R), AgcoStar(R), Challenger(R), Farmhand(R), Fendt(R), Fieldstar(R), Gleaner(R), Glencoe(R), Hesston(R), LOR*AL(R), Massey Ferguson(R), New Idea(R), RoGator(R), SisuDiesel(TM), Soilteq(TM), Spra-Coupe(R), Sunflower(R), TerraGator(R), Tye(R), Valtra(R), White(TM), and Willmar(R). AGCO provides retail financing through AGCO Finance in North America and through Agricredit in Australia, the United Kingdom, France, Germany, Ireland, and Brazil. In 2003, AGCO had net sales of $3.5 billion. Please visit our website at www.agcocorp.com. SOURCE: AGCO Corporation AGCO Corporation, Duluth Molly Dye, 770-813-6044 1.
Recommended publications
  • Peek Into the Future! Page 6
    Customer Magazine 2/2017 + + + Valtra Driver Precision farming EU regulation raises money with ISOBUS allows 60 km/h for a great cause and AutoGuide tractors page 10 page 12 page 16 Design Challenge PEEK INTO THE FUTURE! page 6 VALTRA TEAM Customer Magazine 2/2017 EDITORIAL CATERPILLAR TRACKS AT ALPS 22 10 n the last issue I said I thought Valtra had it all; over the past few I years we have renewed our com- plete model line-up. To this can be 12 added our Unlimited Studio where, so long as it is legal, we can add just about anything to the tractor specifi- cation and deliver it in just about any colour combination required. All this has resulted in customers being able to purchase a tractor that meets their very personal requirements. From 75 to 405 hp through A, N, T and 16 S Series you, our customer, have choices of transmissions, hydraulics and much more. A year ago in 2016 IN THIS ISSUE: we defied the national trend and in- creased sales significantly. 03 Drive without using your feet 19 Valmet was a pioneer For Valtra the UK and Irish tractor in diesel engines market has remained buoyant and in 04 A Series launch event this situation we are once again able is a success 20 Story of the Nordic Tractor to report that sales numbers have been steadily increasing. 05 AGCO Dealership 22 Caterpillar tracks ideal Valtra’s sales figures are stead- widens its appeal for working in the Alps ily increasing but it is still surprising how few owners know of the com- 06 Design Challenge 23 Valtra Collection pany’s background.
    [Show full text]
  • Geographies of Competitive Advantage: an Examination of the US Farm Machinery Industry
    University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Doctoral Dissertations Graduate School 5-2011 Geographies of Competitive Advantage: An Examination of the US Farm Machinery Industry Dawn M. Drake University of Tennessee - Knoxville, [email protected] Follow this and additional works at: https://trace.tennessee.edu/utk_graddiss Part of the Human Geography Commons Recommended Citation Drake, Dawn M., "Geographies of Competitive Advantage: An Examination of the US Farm Machinery Industry. " PhD diss., University of Tennessee, 2011. https://trace.tennessee.edu/utk_graddiss/963 This Dissertation is brought to you for free and open access by the Graduate School at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Doctoral Dissertations by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. To the Graduate Council: I am submitting herewith a dissertation written by Dawn M. Drake entitled "Geographies of Competitive Advantage: An Examination of the US Farm Machinery Industry." I have examined the final electronic copy of this dissertation for form and content and recommend that it be accepted in partial fulfillment of the equirr ements for the degree of Doctor of Philosophy, with a major in Geography. Ronald V. Kalafsky, Major Professor We have read this dissertation and recommend its acceptance: Thomas L. Bell, Bruce A. Ralston, Anne D. Smith Accepted for the Council: Carolyn R. Hodges Vice Provost and Dean of the Graduate School (Original signatures are on file with official studentecor r ds.) To the Graduate Council: I am submitting herewith a dissertation written by Dawn M.
    [Show full text]
  • AGCO's Innovation Rewarded with Prestigious Awards at Agritechnica 2017
    Nov 20, 2017, 9:00:00 AM AGCO's Innovation Rewarded with Prestigious Awards at Agritechnica 2017 AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, achieved remarkable success with 17 major awards at the prestigious Agritechnica 2017 event in Hannover, Germany. As a result of the votes cast by an independent expert committee, AGCO was once again one of the most successful manufacturers at Agritechnica 2017 by way of the number of innovation awards received. The new Fendt Track Tractor 943 Vario MT won the treasured award "Machine of the Year 2018" in the Category XXL Tractors “Winning these significant awards is a testament to our continued commitment to deliver high-tech solutions for farmers feeding the world,'' said Martin Richenhagen, Chairman, President and CEO, AGCO Corporation. “AGCO's significant investment in research and development enables our brands to develop these award-winning innovations and technologies and we are proud that the industry and our customers recognize us for this commitment.'' AGCO received the following awards: • Tractor of the Year 2018: Valtra Versu T254 SmartTouch • Tractor of the Year 2018 Best Design: Valtra Versu T254 SmartTouch • Tractor of the Year 2018 Best of Specialised - Fendt 211 V Vario • Tractor of the Year 2018 Finalist: Massey Ferguson 5709 Dyna 4 • Tractor of the Year 2018 Finalist: Massey Ferguson 3710 • Tractor of the Year 2018 Finalist: Valtra A114 • Machine of the Year Combine Harvester: Fendt & Massey Ferguson
    [Show full text]
  • We Know Agriculture Annual Report 2010 2 AGCO // Annual Report 2010
    We Know Agriculture ANNUAL REPORT 2010 2 AGCO // Annual Report 2010 AGCO AT A GLANCE As the world’s largest manufacturer focused purely on agricultural equipment, AGCO is uniquely positioned to increase farm productivity through high-tech solutions for professional farmers feeding the world. KEY BUSINESS FIGURES in million $ – except per share amounts 2010 2009 Change Net sales 6,896.6 6,516.4 5.8% Income from operations 324.2 218.7 48.2% Net income attributable to AGCO Corporation and subsidiaries 220.5 135.7 62.5% Total assets 5,436.9 4,998.9 8.8% Stockholders’ equity 2,659.2 2,394.4 11.1% Earnings per share(1) 2.29 1.44 59.0% Adjusted earnings per share(2) 2.32 1.55 49.7% (1) On a diluted basis. (2) For a reconciliation of adjusted earnings per share, see footnote 2 on page 37. SALES BY PRODUCT in % Tractors 15% Parts Combines 68% 6% Application equipment 4% 4% Implements and other 3% Hay and forage SALES BY GEOGRAPHIC REGION ADJUSTED EARNINGS PER SHARE in million $ in $ (1) NA 22% 2010 2.32 SA(2) 25% 2009 1.55 EAME(3) 49% ROW(4) 4% 2008 3.95 (1) North America (3) Europe, Africa, Middle East (2) South America (4) Rest of World: Asia, Australia/New Zealand, Eastern Europe ON THE COVER In 2010, AGCO made solid progress toward meeting its long-term growth objectives. Among other things, it was a year marked by numerous combine launches and the announcement of a strategic acquisition of a state-of-the-art combine facility, proof of our accelerated commitment towards improving harvesting productivity.
    [Show full text]
  • Product Design 2021 Award for Massey Ferguson MF 8S Series Tractors April 01, 2021
    2021 Red Dot Product Design Award winner, commercial vehicle category, MF 8S Series of tractors Prestigious Red Dot: Product Design 2021 Award for Massey Ferguson MF 8S Series tractors April 01, 2021 Massey Ferguson, a worldwide brand of AGCO (NYSE:AGCO), is delighted to announce it is honoured to receive a Red Dot Award: Product Design 2021 for Product design, in the commercial vehicle category, for the innovative MF 8 S Series of tractors. This latest accolade follows the MF 8S.265 Dyna E-Power Exclusive winning the prestigious Tractor of the Year 2021 as well as Best Global Digital launch 2020. An international jury selected the MF 8S from thousands of entries from more than 60 countries for the Red Dot Award: Product Design 2021 Award, which is only presented to products that feature outstanding design. “We are honoured the MF 8S has been chosen to receive this special award,” says Thierry Lhotte, Vice President & Managing Director Massey Ferguson, Europe & Middle East. “With the MF 8S Series, we are defining a new era in tractor design, which the jury has distinguished with the Red Dot: Product Design 2021 Award. “Developed for farmers by farmers, following seven years of thorough testing and extensive customer consultation, the MF 8S Series combines radical designs with a practical purpose. While equipped to a superb specification, it also introduces a completely new and enhanced user experience,” adds Mr Lhotte. “The MF 8S launch was just the first milestone of our fully rejuvenated tractor range offensive. We are thrilled to have received such industry leading awards for the MF 8S together with farmers’ recognition through their choice for their new tractor.
    [Show full text]
  • Servitization in Agriculture
    Part of the AGCO family Servitization in agriculture Servitization has been helping companies across a variety of industries thrive. Now you can use it to free up more time to focus on what’s important and spend less time worrying about maintaining equipment. How could your farm benefit from more flexible payment schedules and less operational risk due to equipment breakdowns? This paper can help you to find out how to benefit from this trend – so that you can focus on your field and growing your future. Contents What is Servitization and how does it benefit you? 3 Servitization in other industries 5 How does Servitization address farming challenges? 6 How can Servitization help farmers move forward? 7 Practical benefits and use cases of Servitization for farmers 9 How to take advantage of Servitization 12 November, 2019 2 Servitization in agriculture What is Servitization and how does it benefit you? Helps you focus on your field As a farmer, you spend a lot of time these days dealing with new regulations, environmental concerns and quality issues – which all distract you from what you do best, producing great crops. We can’t fix issues around new regulations, but we can help free up more time for the things that are important. How? Through Servitization. It reduces the time and worry involved in purchasing and maintaining your agricultural equipment, so you can focus on your core business. Servitization provides: • More business flexibility • Access to state-of-the-art equipment and services • No financial and planning surprises • Focus on your field Servitization meets changing needs The idea of Servitization is not new.
    [Show full text]
  • AGCO Kicks Off Its 'Cornerstone Brands' Strategy CNH: Trouble At
    September 15, 2006 Vol. 13, Issue 5 • Equipment Sales Down • Lexion Changes Colors • Landini in Brazil AGCO Kicks Off its ‘Cornerstone Brands’ Strategy With 21 brands already under its cor- brands in less than 16 years, AGCO New Idea tractors. porate umbrella, AGCO, the Duluth, had inherited an agglomeration of an Cornerstone Brands. In an Ga.-based manufacturer of farm estimated 1,900 dealers across North exclusive interview with AEI, Bob machinery is ready to streamline the America. Some carried the AGCO trac- Crain,AGCO’s North American senior number of brands carried by its deal- tors and implements, while others vice president and general manager, ers in North America.This is part of a handled Massey Ferguson equipment. explained the new brand strategy.“We wide-ranging strategy to strengthen want a distribution network that’s tied brand recognition, improve distribu- to one of our cornerstone brands so tion channels and reduce costs, say it’s an ACGO dealer,a Massey dealer or company officials. “It’s time for us to a Challenger dealer. During its largest-ever dealer grow up and to build “But our product strategy is going meeting in St. Louis on August 16 and our identity, and that’s to continue to leverage the equity of 17, AGCO announced that it will names like Hesston and White-New build its dealer distribution network what we’re doing...” Idea and Gleaner combines and so on. around three “cornerstone brands” — So we really have a product strategy Massey Ferguson, AGCO and that will leverage the brand names Challenger.
    [Show full text]
  • First-Class Tractor Experiencepage 06
    Customer Magazine 1/2021 + + + 5th generation Front-loader Changes A Series control system in agriculture New features Loader scale Changing requested integrated into tractor work by customers SmartTouch page 16 page 09 page 12 5th generation N and T Series FIRST-CLASS TRACTOR EXPERIENCE page 06 VALTRA TEAM Customer Magazine 1/2021 EDITORIAL CHANGE IN AGRICULTURE CHANGES 03 TRACTOR WORK 2021 – A celebratory year for Valtra 16 elcome to the first Valtra Team of 2021. In spite of us facing such W a challenging year in 2020 with 10 the on-going pandemic we were able to rise to the challenge and managed to success fully grow the Valtra brand to record levels in both the UK and IE, a fantastic achievement. We go into 2021 with great optimism. We have many things to look forward to as we enter a milestone year for Valtra – our 70th anniversary. Valtra tractors are now on their 5th generation. Our new 14 Valtra 5th generation G Series was successfully launched last August and the G135V was awarded the Best Utility Award at the 2021 Tractor of The Year IN THIS ISSUE: Awards in December. We have now just introduced the new 5th generation 03 New smart display 16 Future of agriculture A Series tractor and there are many more on the A pillar aims at successful farming exciting product developments taking place this year. 04 G135 Versu is 19 70 colourful To mark our anniversary, we are Tractor of the Year years of Valtra history manufacturing 70 specially equipped Limited Red Edition T Series tractors.
    [Show full text]
  • Valtra Brand Audit
    1 VALTRA BRAND AUDIT Iryna Stupina Bachelor’s thesis November 2008 School of Business Administration JYVÄSKYLÄ UNIVERSITY OF APPLIED SCIENCES DESCRIPTION Date 2008-11-17 Author(s) Type of Publication Bachelor´s Thesis Pages Language STUPINA, Iryna 66 English Confidential X Until 2013-11-30 Title VALTRA BRAND AUDIT Degree Programme Degree Programme in Business Administration Tutor(s) NEUVONEN, Heidi Assigned by Valtra Inc. Anttonen, Jussi, Sales Manager for Central Europe, Latvia and Lithuania Abstract In the highly competitive environment it is very important to utilize fully the strength and advantages of the brand in order to gain the desire market share and sustain the profitable growth. If a company has a brand built and explored already, it is needed to investigate the weaknesses and strength of the brand to utilize, maintain and develop it. The brand audit can provide with information needed for these purposes. The complete brand audit is a broad topic. In order to focus the research was done on existing secondary industry and customer data, competitive review, partial sales analysis and brand elements analysis. Management and Employee Interviews and Primary Customer Research were done in a form of the primary qualitative research. There were for the future research: Management and Employee On-site Interviews, Influencer Research, Primary Customer Research, and SWOT analysis left. For the research conducting a constructive research method had been used including both qualitative and quantitative research (partly). Research data was collected by using secondary data from earlier researches and studies, gathering primary data through the personal questionnaire. The literature used for the research as a theoretical background gave valuable information on branding in general, brand identity and elements, brand maintenance and executing.
    [Show full text]
  • Valtra Team UK 1/2004 (Pdf)
    Valtra Customer Magazine • 1/2004 New C Series The ideal tractor for livestock farms, Page 12 Agricultural Authentic Dairy or Industrial, Tequila from farmers Valtra tractors the Sierra Madre adapt to do it all, PagePage 4 valley, PagePage 20 succeed, PagePage 22 New Valtra C Series, Pages 12–14 Editorial ...................................................................................... 3 Authentic Tequila from the Sierra Madre valley ...................... 20 Agricultural or Industrial – Valtra tractors do it all ..................... 4 Dairy farmers adapt to succeed in a changing environment ... 22 Even more choice for customers ............................................... 6 Drive right – reduce fuel consumption .................................... 24 Valtra Road Show ....................................................................... 8 T Series – Ideal for specialist operations ................................. 25 Valtra’s family tree ...................................................................... 9 Valtra Power in Germany .......................................................... 26 Tractors for both work and leisure .......................................... 10 Valtra awarded Health and Safety certifi cation ....................... 27 Valtra C Series .......................................................................... 12 Flexibility is key to success ...................................................... 28 How to catch catfi sh with a tractor! ........................................ 15 Tractor pulling important
    [Show full text]
  • AGCO CORP /DE Form 10-K Annual Report Filed 2019-03-01
    SECURITIES AND EXCHANGE COMMISSION FORM 10-K Annual report pursuant to section 13 and 15(d) Filing Date: 2019-03-01 | Period of Report: 2018-12-31 SEC Accession No. 0000880266-19-000009 (HTML Version on secdatabase.com) FILER AGCO CORP /DE Mailing Address Business Address 4205 RIVER GREEN 4205 RIVER GREEN PKWAY CIK:880266| IRS No.: 581960019 | State of Incorp.:DE | Fiscal Year End: 1231 PARKWAY DULUTH GA 30096 Type: 10-K | Act: 34 | File No.: 001-12930 | Film No.: 19647575 DULUTH GA 30096 7708139200 SIC: 3523 Farm machinery & equipment Copyright © 2019 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K For the fiscal year ended December 31, 2018 of AGCO CORPORATION A Delaware Corporation IRS Employer Identification No. 58-1960019 SEC File Number 1-12930 4205 River Green Parkway Duluth, GA 30096 (770) 813-9200 AGCO Corporation’s Common Stock is registered pursuant to Section 12(b) of the Act and is listed on the New York Stock Exchange. AGCO Corporation is a well-known seasoned issuer. AGCO Corporation is required to file reports pursuant to Section 13 or Section 15(d) of the Act. AGCO Corporation (1) has filed all reports required to be filed by Section 13 or 15(d) of the Act during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days. Disclosure of delinquent filers pursuant to Item 405 of Regulation S-K will not be contained in a definitive proxy statement, portions of which are incorporated by reference into Part III of this Form 10-K.
    [Show full text]
  • Case No COMP/M.3287 - AGCO / VALTRA
    EN Case No COMP/M.3287 - AGCO / VALTRA Only the English text is available and authentic. REGULATION (EEC) No 4064/89 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 12/12/2003 Also available in the CELEX database Document No 303M3287 Office for Official Publications of the European Communities L-2985 Luxembourg COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 12/12/2003 SG (2003) D/233434 In the published version of this decision, some information has been omitted pursuant PUBLIC VERSION to Article 17(2) of Council Regulation (EEC) No 4064/89 concerning non-disclosure of business secrets and other confidential MERGER PROCEDURE information. The omissions are shown thus ARTICLE 6(1)(b) DECISION […]. Where possible the information omitted has been replaced by ranges of figures or a general description. To the Notifying Party Dear Sir/Madam, Subject: Case No COMP/M.3287 - AGCO/Valtra Notification of 11.11.2003 pursuant to Article 4 of Council Regulation No 4064/891 1. On 11.11.2003, the Commission received a notification pursuant to Article 4 of Regulation (EEC) No 4064/89 (“the Merger Regulation”) of a proposed concentration by which AGCO Corporation (“AGCO”) acquires control within the meaning of Article 3(1)(b) of the Merger Regulation of Valtra Inc. (“Valtra”). 2. After examining the notification, the Commission has concluded that the notified operation falls within the scope of the Merger Regulation and that it does not raise any serious doubts as to its compatibility with the common market and with the EEA agreement. 1 OJ L 395, 30.12.1989 p.
    [Show full text]