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35-566: AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis , bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment. KHD had purchased portions of the Allis-Chalmers agricultural equipment business five years earlier. After

70-463: A Winnipeg , Manitoba based company that specializes in grain storage research and development. In 2021, AGCO named Eric Hansotia its third chairman, succeeding Richenhagen, who retired after approximately 15 years as head of the company. Hansotia has been working for AGCO since 2013 and became its chief operating officer in October 2018. In 2021, the company navigated supply chain disruptions driven by

105-575: A "solution for his solution". He developed a sparger agitator, a device which recirculates liquid product to keep the solubles suspended in their solution until they are applied, in a garage in Jackson, Minnesota . Ag-Chem Equipment Co., Inc. was born. Advancements in fertilizer and farm chemical technology in the 1970s paved the way for more intense production agriculture in the United States. New fertility management practices, more acres in production, and

140-565: A $ 2 billion stake (85%) in Trimble Agriculture to form a joint venture known as PTx Trimble. The deal passed American FTC approval and closed April 1, 2024. With the closing of this transaction, AGCO consolidated the other recent Trimble acquisitions of Müller-Elektronik and Bilberry, and former AGCO acquisition JCA under the PTx Trimble brand. Precision Planting, Headsight Harvesting Solutions and Intelligent Ag Solutions were merged under

175-627: A company founded by Ed Rickel and known for their "Terra Tires" and Big A product line, was acquired by Ag-Chem in 1983 and one year later Ag-Chem's first four-wheel flotation unit for agricultural use, the TerraGator 1664, was introduced Ag-Chem lost money in 1985 and 1986. Its locally traded over-the-counter stock sold for pennies a share. In 1987, the company closed its Salina, Kansas, plant and consolidated production in Jackson: total company assets were reduced from $ 21.9 million to $ 11.6 million. According to

210-758: A fair price would be paid for the company. Also in 1997, AGCO acquired Dronningborg Industries in Denmark , the manufacturer of European Massey Ferguson combines, and former manufacturer of Dronningborg combines. In 1998, AGCO made a joint venture with Deutz AG to produce engines in Argentina , and purchased the Spra-Coupe and Willmar companies. Spra-Coupe and Willmar are sprayer companies in North America . SpraCoupe originated in Bismarck, North Dakota . After being purchased by AGCO,

245-578: A re-focusing of the various brands and subsidiaries, and the reduction of individual brands. AGCO announced plans to combine some, and make some only part of a larger brand, or co-branding. Examples include the Massey Ferguson 9635 Hesston self-propelled swather, and the AGCO 9365 Hesston self-propelled swather. Challenger has seen further expansion with the further consolidation of the AgChem brand into Challenger, and

280-685: A smart farming technology division. In 2017, AGCO acquired Precision Planting, based in Tremont, Illinois , a planting equipment and technology business. In 2017, AGCO acquired the forage machinery line from Lely, including balers, loading wagons, mowers, tedders, rakes, and the rights to the entire portfolio of the defunct Mengele Agrartechnik. This included factories in Wolfenbuettel (D) and Waldstetten (D). The factory in Maassluis (NL) will be closed in 2018. In September 2020, AGCO acquired 151 Research Inc.,

315-485: A software and app development company. Also acquired in December 2021 by AGCO was Appareo Systems, a software engineering, hardware development and electronic manufacturing company. In May 2022, AGCO acquired JCA Industries, a Winnipeg, Manitoba based company specializing in autonomous software for agricultural machines, implement controls and electronic system components. In September 2023, AGCO announced it would purchase

350-528: A solid foothold in the self-propelled application market among the other major Ag equipment manufacturers. The first self-propelled Ag-Chem sprayer was developed in 1967 and was called the Ag-Gator 404SP. This front wheel driven model featured a gasoline-powered, 61 horsepower Wisconsin brand engine, a stainless-steel 440 gallon product tank, and a 40' boom width. It was mass-produced between 1969 and 1971. The first flotation-type applicator produced by Ag-Chem

385-622: A sugar cane planting and harvesting equipment. It also purchased 80% of Shandong Dafeng Machinery Co, a combine harvester manufacturer in China. AGCO formed the Algerian Tractors Company joint venture with the Algerian brand Etrag with 49% ownership. In 2013, GSI acquired Johnson System, based in Marshall, Michigan , a manufacturer of catwalks and towers. In 2013, AGCO started Fuse Technologies,

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420-567: The COVID-19 pandemic . AGCO acquired North Dakota-based technology company Appareo Systems in January 2022. In August 2021, Precision Planting acquired Headsight, a Bremen, Indiana company specializing in precision agriculture harvesting solutions. In September 2021, AGCO acquired Faromatics (Farm Robotics and Automation), a precision livestock farming business. In December 2021, Precision Planting announced an agreement to acquire Creative Sites Media,

455-593: The University of Missouri in 1954, Al McQuinn, the founder of Ag-Chem Equipment Co., served in the Army until 1957. Upon his departure from the armed forces, he went to work for Federal Chemical Company which sold row crop sprayers. These sprayers and others like it didn't do a very good job of applying product. The solubles in the product would often settle in the solution which led to inconsistent, watered-down applications and unhappy customers. In 1963, McQuinn set out to find

490-660: The agricultural assets of the Allis-Chalmers corporation in 1985. Deutz-Allis was eventually sold to the Allis-Gleaner Corporation, or AGCO ), in 1990. Deutz-Allis tractors and equipment were renamed in North America to be AGCO-Allis , but continued in South America until 2001, when the South American operations were renamed AGCO-Allis . In Argentina , the company manufactured the Deutz-Allis 5.125 L and

525-660: The Challenger name and the tracked tractors from the Caterpillar Corporation, giving the firm a well-known brand name and high-power tracked tractors. The firm further developed the Challenger line into: wheeled tractors, using tractors manufactured by Iseki , Agritalia , the Massey Ferguson factory and the Brazilian Valtra factory; combines, rebranding some Massey Ferguson/Gleaner -built combines; and hay equipment, using Hesston-built hay equipment. AGCO also purchased

560-441: The Deutz-Allis 5.190. In North America , Deutz-Allis tractors carried both the traditional Deutz-green color, and Allis-orange color. In South America they were Deutz-green. Ag-Chem Equipment AAg-Chem Equipment Company was a manufacturer of nutrient and pesticide application equipment that was founded in Jackson, Minnesota USA. It was sold to AGCO Corporation in 2001. After receiving his bachelor's degree from

595-820: The Glenco, Tye and Farmhand brands. In 1996, acquisitions went international with the purchase of Iochpe-Maxion in Brazil . It was the Brazilian company which had rights to the Massey Ferguson brand and manufacturing in the region, as well as the Maxion brand of industrial equipment. In the same year AGCO purchased Deutz Argentina, the number one leader of tractors in Argentina. Also in 1996, AGCO purchased Western Combine Corporation and Portage Manufacturing in Canada. Western Combine had previously purchased

630-506: The PTx Precision Planting brand. In July 2024 AGCO announced it had reached an agreement with private equity firm American Industrial Partners to divest its Grain and Protein divisions including GSI, Automated Production, Tecno, Cimbria, and Cumberland brands. [REDACTED] Media related to AGCO at Wikimedia Commons Deutz-Allis Deutz-Allis was a company formed when Deutz-Fahr of Germany , part of KHD, purchased

665-1066: The Sunflower Manufacturing Company in Beloit, Kansas which manufactures tillage, seeding, and specialty harvesting equipment. In 2004 AGCO purchased the Valtra tractor company from the Kone Group, in Finland . Valtra had licensing agreements with the Eicher company in India for tractor production, and also with the HEMA group in Turkey . The purchase of Valtra also included SISU Diesel engines. Since 2012 this Finland based diesel engine manufacturer with production for example in Brazil has operated with name AGCO Power . 2006 saw

700-678: The assets of the Massey Combine Corporation's combine operation, which had been spun off by Massey Ferguson. In 1997 the company purchased Fendt which is based in Germany , the German tractor company. Fendt is well known for its advanced technology and superior manufacturing quality. The acquisition of Fendt was contingent on three conditions; 1) The Fendt name would be retained, 2) The factory in Marktoberdorf would continue to operate, and 3)

735-528: The company's earnest site-specific efforts to refine the concept of variable-rate application into a practical set of high-tech tools. Conservation tillage in the 1990s required adaptation of new chemical and fertilizer application technologies for post-emergent weed control. Ag-Chem responded by bringing the RoGator 664 to market in 1993. Agriculture professionals recognized the potential of site-specific resource management from an agronomic perspective as well as

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770-423: The company, its cost-cutting programs and the loyalty of employees and suppliers helped Ag-Chem survive the period. In 1991, Ag-Chem purchased Benson, Minnesota -based LorAl Products, Inc. and a 60% share of Soil Teq, Inc.'s holdings. Soil Teq, Inc. developed the patented SOILECTION process which was a pioneer in the variable-rate application of fertilizers and pesticides. The acquisition of both assets furthered

805-576: The economic and environmental benefits. In 1995, Ag-Chem purchased the remaining 40% interest in Soil Teq, Inc. and continued to develop a comprehensive "total package". Expanded offerings included continually updated mapping software, variable-rate product controllers, and variable-rate application systems. In 2001, the company was purchased by AGCO Corporation. The acquisition was beneficial to both parties as Ag-Chem now had larger funding, engineering, and distribution tools at its disposal and AGCO gained

840-523: The firm announced that it would phase out orange AGCO tractors by 2011. In late 2010, the firm announced the plan to acquire the remaining 50% of Laverda, which included Fella-Werke as well. The acquisition was finalized in March 2011. In 2011, the firm plans to transfer its assembly of high-horsepower wheeled tractors sold in North America from Beauvais, France to Jackson, Minnesota , where it will expand

875-774: The introduction of Agritalia built tractors and an articulated Challenger tractor. In August 2006, AGCO saw its first change in the position of chairman since its founding with the selection of Martin Richenhagen to succeed Robert Ratliff. In 2007, AGCO bought 50% of Laverda S.p.A. from ARGO SpA , which included the Gallagnani and Fella-Werke hay equipment brands. In 2008/2009 AGCO, the Challenger, Valtra, and Massey Ferguson large row crop tractors were launched in Europe and North America respectively with AGCO's e3 Selective Catalytic Reduction (SCR) emission reduction technology. Late in 2009,

910-571: The manufacturing of SpraCoupes was moved to Willmar, Minnesota where the Willmar branded fertilizer tenders and "Wrangler" articulated loaders were being manufactured. SpraCoupe and Willmar products were manufactured in Willmar from 1998 to 2001. In the year 2000, AGCO bought out its partner CNH Global N.V. in the Hay and Forage Industries joint venture. In 2001, AGCO purchased Ag-Chem Equipment , expanding its application equipment business. Ag-Chem Equipment

945-484: The need for less soil compaction drove Ag-Chem's application equipment to larger capacity and higher flotation machines. In 1974, the company made its first acquisition by purchasing Ag-Tec, Inc. AgTec, Inc., a former subsidiary of Stokely-Van Camp , manufactured spray application equipment used in orchards, gardens, groves, and vineyards. In 1980, Ag-Chem first appeared in "The Corporate Report 100", an annual ranking of Minnesota's largest publicly traded companies. In

980-441: The organization of the company, Robert Ratliff was selected to be the company's first chairman. The company was called Gleaner-Allis Corporation, then the name was changed to Allis-Gleaner Corporation, or AGCO. The Deutz-Allis line of tractors was renamed AGCO-Allis, and Gleaner became a brand of its own for combines. The Deutz-Allis brand continued in South America until 2001, when it was renamed AGCO-Allis. In 2001, AGCO Allis

1015-542: The plant by 75,000 square feet (7,000 m). The expansion was completed in 2012. In 2011, the firm said that it will invest $ 40 million in its Hesston, Kansas plant with a new 200,000-square-foot (19,000 m) painting and finishing building. Construction began June 2011 and was completed in 2013. In October 2011, AGCO purchased GSI, based in Assumption, Illinois , a manufacturer of grain storage and handling equipment. In 2012. AGCO acquired 60% of Santal Equipamentos,

1050-563: The remainder of White-New Idea , a manufacturer of New Idea hay equipment, manure spreaders, and White planters with a large manufacturing plant in Coldwater, Ohio . AGCO purchased the North American distribution rights to global agricultural equipment manufacturer Massey Ferguson in 1993 and purchased the company from Varity the following year. The acquisition of England-based Massey Ferguson gave AGCO access to markets in Europe and around

1085-562: The same year the first international equipment sale was completed. Newly developed pneumatic dry spreaders required greater horsepower and efficiency and brought about the development of the 1800 and 1900 series TerraGators. The United States farm economy was severely depressed from 1981 to 1986. Major U.S. manufacturers were faced with consolidations, takeovers by foreign companies, and the elimination of established product lines. Ag-Chem continued to dominate its markets in 1981 in spite of deteriorating economic conditions. Rickel Manufacturing Co.,

AGCO - Misplaced Pages Continue

1120-529: The world. At the time, Massey Ferguson had 20 percent of the global market share for tractors. AGCO also purchased McConnell Tractors in 1994, manufacturer of the large articulated Massey Ferguson tractors. AGCO developed the Agcostar line of articulated tractors. Later in 1994, the Black Machine line of planters was purchased. In 1995 AgEquipment Group was bought; it manufactured tillage equipment and loaders under

1155-603: Was based in Jackson, Minnesota and developed the TerraGator flotation-type and RoGator rowcrop-type applicators. Also in 2001 the SpraCoupe and Willmar brands moved their manufacturing from Willmar, Minnesota to the Jackson facility and the Agco-Allis and White tractor lines were merged in North America under the AGCO brand, continuing in the orange color. In 2002 AGCO purchased rights to

1190-676: Was renamed AGCO in North America . In March 1991, AGCO purchased the Hesston Corporation which is in Hesston, Kansas gaining hay and forage equipment as well as technologies such as the grain auger, invented in 1947 by Lyle Yost . Hesston had a 50 percent joint venture with Case International , now a part of CNH Global . AGCO purchased the White Tractor line from the Allied Corporation's White-New Idea company. In 1993, AGCO purchased

1225-421: Was the Ag-Gator 804. This model was also the first design to allow the operator to apply either a liquid or a dry product. This model featured front-wheel drive and an optional 150 HP gasoline-powered or 155 HP diesel power plant. Beginning with the 1253, Ag-Chem elected to change the model name from Ag-Gator to TerraGator, which is still in use today. In all models succeeding the 1253, the last digit represents

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