AGCO Recasts Vision to Underscore Its Commitment to Providing Sustainable High-Tech Solutions
May 11 2020 - 7:00AM
Business Wire
AGCO (NYSE: AGCO), a global leader in the design, manufacture
and distribution of agricultural machinery and solutions, today
announced it is highlighting its commitment to bringing farmers
sustainable high-tech solutions by relaunching its vision.
“Our new vision—Sustainable high-tech solutions for farmers
feeding the world—better represents our thoughtful approach to
helping our farmers and our business continually find better and
more sustainable ways to raise the food people need, all around the
world,” said Martin Richenhagen, President and Chief Executive
Officer of AGCO Corporation. “As the world celebrated the 50th
anniversary of Earth Day last month, we felt it was the right time
to stress the importance of sustainability in our company’s
vision.”
Agriculture is one of the most essential industries in the
world. As the population grows to a projected 10 billion people by
2050, the potential impact agriculture can have on the health of
our planet is tremendous. As a global leader in agriculture, AGCO
has a responsibility to help ensure we make a positive impact for
the farmers who use our solutions, the communities they feed and
the environment we all share.
AGCO precision agriculture tools help farms and machines run
more efficiently with lower inputs and higher yields. Sustainable
productivity arises through technology, innovation and integrated
solutions to grow more food and deliver higher farm income.
Environmental concerns are also driving society’s perception of
agriculture, including animal welfare. AGCO is a market leader for
cage-free egg equipment and creates solutions to reduce stress and
maximize comfort while maintaining healthy animals and encouraging
natural behavior.
In short, AGCO’s sustainable high-tech solutions enable farmers
to do more with less.
- Advanced farm machines require less fuel and need to make fewer
passes in the field, reducing compacted soil and increasing soil
fertility.
- Precision technology and agronomic solutions enable farmers to
grow and harvest more per acre, making the most of our
farmland.
- Better sprayer technology enables farmers to apply products
only where needed, reducing inputs to grow healthy food.
- More efficient harvesting equipment means more crops are
captured in the field, and better grain and seed storage mean more
goes to market.
- Next-generation biosecurity, housing and feeding solutions mean
safer, healthier and more productive conditions for swine and
poultry.
“We don’t want to stop at meeting the needs of today’s farmers;
we must support future generations,” added Eric Hansotia, Chief
Operating Officer of AGCO Corporation. “We need to continuously
bring to market high-tech solutions to support farmers in producing
nutritious food while reducing resource and environmental
impacts.”
About AGCO
AGCO (NYSE:AGCO) is a global leader in the design, manufacture
and distribution of agricultural solutions and delivers sustainable
high-tech solutions for farmers feeding the world through its full
line of equipment and related services. AGCO products are sold
through five core brands, Challenger®, Fendt®, GSI®, Massey
Ferguson® and Valtra®, supported by Fuse® smart farming solutions.
Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had
net sales of $9 billion in 2019. For more information, visit
http://www.AGCOcorp.com. For company news, information and events,
please follow us on Twitter: @AGCOCorp. For financial news on
Twitter, please follow the hashtag #AGCOIR.
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version on businesswire.com: https://www.businesswire.com/news/home/20200511005500/en/
Cristiane Masina Global Corporate Communications Manager
Cristiane.Masina@agcocorp.com
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