3-DNETŪ Company Profiles




Company Profile - AGCO Corporation

4205 River Green Pkwy.
Duluth, GA 30096

Phone: 770-813-9200
Fax: 770-813-6118
Website: www.agcocorp.com
Ticker Symbol: AG

Key Facts

Subsidiary Massey Ferguson is the leading tractor manufacturer.
Sells through a network of 7,350 independent dealers.
Key Financial Facts
2002 revenue: $2,923 million
1-yr. growth rate: 15 percent

Personnel Highlights
Number of employees: 11,300
1-yr. growth rate: 15 percent

Company Overview
AGCO designs, makes, and sells agricultural equipment, and operates manufacturing and sales offices around the world. Selling its products through a network of more than 7,000, AGCO encourages dealers to stock its goods in accordance with local product popularity, thus maximizing sales. Through aggressive acquisition activity, the agricultural equipment company has grown tremendously, extending its reach internationally; AGCO now receives a big chunk of total revenues from Europe and South America.

In 2001, AGCO acquired Ag-Chem, a manufacturer of specialized off-road heavy equipment for agricultural and industrial markets. In November 2002, AGCO completed the acquisition of Sunflower Manufacturing, a producer of tillage, seeding, and specialty harvesting equipment.

Major Line of Business : Heavy Manufacturing


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