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37-579: 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

74-468: 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

111-580: 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

148-786: 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,

185-593: 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

222-615: A representative inventory of products. The retail financing is offered in North America, Brazil, Australia and Europe through wholly owned subsidiaries and in Western Europe through the joint venture with BNP Paribas Lease Group . CNH Industrial brands provides after-sales parts, service and support to their customers, both at the dealerships and in the field. Parts support is offered for items in their current product lines and past products, up to 20 years. Parts distribution

259-702: 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.,

296-490: 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

333-647: 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,

370-673: Is a manufacturer of agricultural tractors and combines , including hay and forage equipment and specialty harvesting equipment. Case IH manufactures agricultural tractors , balers, coffee harvesters, combines, cotton pickers , planters, sugar cane harvesters, and tillage equipment, sold through a global network of dealers. New Holland Agriculture manufactures agricultural tractors , balers, combines, forage harvesters, grape harvesters, hay tools, material handlers, planters, seeders, sprayers, tillage equipment and grounds care. New Holland has manufacturing facilities and offices in several countries and an international distribution network. Steyr

407-954: Is an Austrian manufacturer of tractors for the agricultural, forestry and municipal sectors. In construction equipment, CNH Industrial manufactures machinery, including backhoe loaders and skid-steer loaders in North America, and crawler excavators in Western Europe. Case Construction Equipment offers construction equipment , including backhoe loaders, articulated trucks , crawler and wheeled excavators (including compact), telehandlers, motor graders, wheel loaders (including compact), vibratory compaction rollers, crawler dozers, skid steers , compact track loaders, tractor loaders and rough-terrain forklifts. New Holland Construction manufactures construction equipment including crawler and wheeled excavators, wheel loaders, backhoes loaders, skid steer loaders, dozers, telehandlers, mini-wheel loaders compact track loaders, mini and midi excavators and graders. CNH Industrial offers financial services under

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444-776: Is controlled by the Agnelli family . The company is listed on the New York Stock Exchange . The company is incorporated in the Netherlands . The seat of the company is in Amsterdam , Netherlands, with a principal office in London , England. Through its various businesses, CNH Industrial designs, produces, and sells agricultural machinery and construction equipment ( Case IH and New Holland brand families). Present in all major markets worldwide, CNH Industrial

481-558: Is focused on expanding its presence in high-growth markets, including through joint ventures. In 2019 CNH Industrial employed more than 63,000 people in 67 manufacturing plants and 56 research and development centers. The company operates across 180 countries. Following the execution of the deed of demerger from CNH Industrial N.V., Iveco Group was established on 1 January 2022. CNH Industrial products are marketed globally through several brands in two operating segments: agriculture and construction. In agricultural equipment , CNH Industrial

518-559: Is operated through parts depots present on all five continents. CNH Industrial has a network of more than 11,500 dealers and distributors spread across approximately 170 countries worldwide. Dealers are independent and not owned by CNH Industrial, with the exception of 12 dealerships in North America and Europe . CNH Industrial manufacturing base includes 37 facilities in Europe, Latin America , North America and Asia . CNH Global NV

555-577: 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,

592-691: 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

629-684: 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

666-490: 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. CNH Global CNH Industrial N.V. is an American-Italian multinational corporation with global headquarters in Basildon , United Kingdom , but controlled and mostly owned by the multinational investment company Exor , which in turn

703-846: 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

740-558: The Industrial Engineering sector. On 29 September 2013, CNH Global N.V. and Fiat Industrial S.p.A. were merged into CNH Industrial N.V., a company incorporated in the Netherlands. Fiat Industrial shareholders received one CNH Industrial common share for every Fiat Industrial share held and CNH Global shareholders received 3.828 CNH Industrial common shares for every CNH Global common share held. CNH Industrial N.V.

777-516: 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

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814-1118: 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

851-551: The activities of truck manufacturer Iveco ; an 89.3% stake in the agricultural and construction equipment producer CNH Global ; and FPT Industrial, which consists of the industrial and marine activities formerly part of Fiat Powertrain Technologies . The company's Chairman was Sergio Marchionne , who also served as CEO of Fiat S.p.A. and Chairman/CEO of Chrysler Group LLC, now merged as Fiat Chrysler Automobiles . On 1 January 2011, each existing share of Fiat S.p.A.

888-705: 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)

925-457: The brand name CNH Industrial Capital. CNH Industrial Capital offers financial products and services to dealers and customers in North America , Australia , Brazil and Western Europe . The principal products offered are retail financing for the purchase or lease of new and used CNH Industrial equipment and wholesale financing to its dealers. Wholesale financing consists primarily of floor plan financing and allows dealers to purchase and maintain

962-471: 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

999-737: 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,

1036-579: 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

1073-441: 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

1110-548: 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,

1147-575: 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

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1184-408: The world and distributes its products in approximately 170 countries through approximately 11,500 full line dealers and distributors. Milestones include: Fiat Industrial S.p.A. was an Italian company into which Fiat S.p.A. (parent company of Fiat Group) demerged most of its activities not directly related to automobiles at the start of 2011. Fiat Industrial served as a holding company for

1221-541: 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

1258-736: 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

1295-652: Was converted into one Fiat share and one Fiat Industrial share. This resulted in Exor (the holding company controlled by the Agnelli family), the largest shareholder of Fiat with a stake of around 30%, holding an equivalent stake in Fiat Industrial. Exor has however raised the possibility of the future sale of some of its stake. In September 2011, the company entered the DJSI World and Europe indexes as leader in

1332-705: 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

1369-632: Was the holding company for the multinational manufacturer of agricultural and construction equipment established on 12 November 1999, through the merger of Case and New Holland . Effective 29 September 2013, CNH Global N.V. and Fiat Industrial S.p.A. were merged into CNH Industrial N.V. CNH's scope included integrated engineering, manufacturing, marketing and distribution of equipment on five continents. CNH's operations were organized into three business segments: agricultural equipment, construction equipment and financial services. As of 31 December 2012, CNH manufactured its products in 37 facilities throughout

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