Welcome to the world of AGCO. We are a global leader in the design, manufacture and distribution of agricultural solutions. We work tirelessly to help make today’s farms more productive and more profitable. As the world of agriculture changes, so do we. Brazenly. We do it for the farmers. For the people working for them. For ourselves. For the future. Through well-known brands including Challenger®, Fendt®, GSI®, Massey Ferguson®, Precision Planting® and Valtra®, AGCO Corporation delivers agricultural solutions to farmers worldwide through a full line of tractors, combine harvesters, hay and forage equipment, seeding and tillage implements, grain storage and protein production systems, as well as replacement parts. Mission: Farmer-focused solutions to sustainably feed our world
AGCO Corp.
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4
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ManufacturingCategory
Electrical Equipment & AppliancesESG/Ethical Impact
We translate our purpose into concrete action through our four sustainability pillars: advancing soil health and soil carbon sequestration, prioritizing animal welfare in food production, decarbonizing our operations and products and elevating employee health and safety. Advancing soil health and soil carbon sequestration through smart solutions puts farmers on the front lines of combating climate change. By choosing sustainable farming practices and leveraging smart solutions, farmers can sequester more carbon in the soil and maximize their soil’s productivity. Farmers are interested in improving the agronomic value of their farming practices as well as their business results. Our precision agriculture solutions — available on new equipment or as retrofits — improve both farm profitability and sustainability. We launched 23 new Precision Ag solutions this year, and announced exciting developments in the area of “Targeted Spraying,” using vision systems and artificial intelligence and machine learning to dramatically reduce the amount of herbicide applied. We expanded our impact in this space through several acquisitions and partnerships, and by increasing our research and development spending by over $60 million. We have continued our outreach efforts to demonstrate these innovations to farmers through our global Crop Tour program, demonstration farms, and Precision Planting Winter Conference. We made important gains in prioritizing animal welfare in food production last year. We acquired Faromatics, which offers a mobile robot that uses artificial intelligence to monitor the environments around individual chickens, helping to ensure their comfort and safety, while improving productivity. We are also in the process of constructing new facilities on the University of Georgia campus to conduct animal welfare test trials research; this approach is similar to the work we do at our model farms around the world for agronomic field trial research.
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Awards Received
2023
Revenues
$12,600,000,000.00
Website Traffic
Employee Rating
3.9
Customer Rating
4.6
Company Size
10000+
ESG Risk Rating
4