Content about AGCO

October 28, 2013

Agricultural equipment manufacturer AGCO has added two new members to its board of directors.

Roy Armes, who is president, chairman and CEO of Cooper Tire and Rubber Company, as well as Michael Arnold, president and CEO of Ryerson Inc., have joined the board effective immediately.

September 17, 2013

AGCO is teaming up with Russian Machines on a new joint venture involving the manufacture and distribution of agricultural equipment in Russia.

Operations are expected to begin in early 2014 at a facility in Golitsyno, near Moscow. Together, the two companies will have equal ownership and will invest approximately $100 million over the next three years. The vision involves AGCO bringing more of its high-tech products to Russia, with Russian Machines facilitating production and local business development.

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