Net sales in the North American region decreased 16.3% in the full year of 2015 compared to 2014, excluding the negative impact of currency translation. Weaker industry demand and dealer inventory reduction efforts contributed to lower sales.
Fendt, Massey Ferguson and Valtra, three of AGCO's leading brands, achieved all but one of the Tractor of the Year 2016 Awards at Agritechnica this week.
Praxair, the largest industrial gases company in North and South America, has elected Martin H. Richenhagen, chairman, president and CEO of AGCO, to its board of directors.
AGCO reported net sales of approximately $1.7 billion for the first quarter of 2015, a decrease of approximately 27% compared to net sales of approximately $2.3 billion for the first quarter of 2014.
AGCO announced it has increased the company’s quarterly dividend to $0.12 per outstanding share, up $0.01 from $0.11 per outstanding share paid last quarter.
In this episode we look at the potential impact Hurricanes Helene and Milton will have on ag production as well as the dealers and manufacturers in the impacted region.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.