AGCO Confirms Plans to Develop Joint Venture Combine Manufacturing European Harvesting “Centre of Excellence” Facility in Breganze, Italy

Neuhausen, Switzerland -  12th January 2010 – AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, has confirmed plans to close its Randers plant in Denmark and increase Western European combine harvester production at its Joint Venture harvesting manufacturing facility in Breganze, Italy.

The move is part of AGCO’s long-term strategy to accelerate the development of its harvesting equipment operations and reinforce the extension of its combine ranges in Europe.

The facility in Italy has been manufacturing combines for AGCO’s Massey Ferguson, Fendt and Challenger brands for distribution in Europe, Africa and the Middle East since 2004. In June 2007, this partnership was further strengthened when AGCO acquired a 50% stake in Breganze based Laverda S.p.A from the Italian Argo Group.

“The manufacturing assembly and supply from a single facility will bring even stronger focus and continuity to our combine operations and afford more effective utilisation of capacity, greater efficiencies and increased competitiveness,” says Gary Collar, Senior Vice President, General Manager AGCO EAME  / ANZ.

The Randers plant will continue assembly operations of AGCO’s high capacity 8-walker range of combines and the new concept hybrid combine until mid-2010. Production of these machines will commence from Breganze after this time.

Employing 450 people, the Breganze plant has produced combine harvesters for over 50 years. The current site was opened in 1979. Certified to ISO quality standards, the 22 ha site is one of the most modern and efficient farm machinery production complexes in Europe. Since its collaboration with AGCO, combine production has almost doubled and, with the addition of the latest machines, is set for further significant increases.

Recent major investments have seen a complete reorganisation of the supply chain and production process including the installation of robot welding and automatic laser cutting equipment.

“Manufacturing, engineering, supplier management and quality control staff from Breganze and Randers will work closely together in the coming months to ensure a smooth transition and continuity of supply and product availability,” explains Gary Collar.

On completion of the transition, Breganze will produce a full range of combines including 5, 6, and 8-walker machines, as well as the brand new Hybrid combine, previewed at Agritechnica in November 2009 where it was awarded the coveted Machine of the Year award. Initial production of the hybrid combine for the 2010 demonstration programme will take place in Randers and full serial production will follow in Breganze for the 2011 season.

“Our partnership with Breganze is a highly successful one and this new phase of the relationship will drive forward the scope of AGCO’s strategy to provide farmers with world-leading harvesting machinery and technology,” says Gary Collar.

Find Tractor and Farm Machinery at Machineshift.com

11 Responses to “AGCO Confirms Plans to Develop Joint Venture Combine Manufacturing European Harvesting “Centre of Excellence” Facility in Breganze, Italy”

  1. ben says:

    intense@correct.unruly” rel=”nofollow”>.…

    áëàãîäàðþ….

  2. lynn says:

    discern@assailant.polyethers” rel=”nofollow”>.…

    good….

  3. nick says:

    rockport@mutiny.property” rel=”nofollow”>.…

    ñïñ!…

  4. Terrence says:

    alecs@parapets.mores” rel=”nofollow”>.…

    thanks for information!…

  5. Don says:

    heavy@concurrently.potentials” rel=”nofollow”>.…

    ñýíêñ çà èíôó!…

  6. wayne says:

    flannagans@completes.believeth” rel=”nofollow”>.…

    ñïñ!!…

  7. nathan says:

    furnish@rourke.shrouded” rel=”nofollow”>.…

    thank you!!…

  8. jonathan says:

    sterns@gamebird.ghoreyeb” rel=”nofollow”>.…

    tnx for info….

  9. Lee says:

    toothpaste@overtakin.denounce” rel=”nofollow”>.…

    tnx for info….

  10. Gilbert says:

    mismanaged@points.liquid” rel=”nofollow”>.…

    good info….

  11. Walter says:

    brushwork@girlishly.contracts” rel=”nofollow”>.…

    thanks for information….