Business

January 28, 2011

Agco plans investment in U.S. plants, including Hesston

Agriculture equipment maker Agco says it will make investments in its North American plant, including in Hesston.

Agriculture equipment maker Agco says it will make investments in its North American plant, including in Hesston.

"We intend to make substantial investments in our North American plants over the next few years," said Martin Richenhagen, Agco chairman, president and CEO, in a news release. "These investments will reinforce our commitment to our North American customers and dealers."

Agco said it will transfer its high horsepower, wheeled tractor assembly for tractors sold in North America from Beauvais, France to Jackson, Minn., where it will expand the plant by 75,000 square feet.

While it mentioned Hesston as part of the plants it will invest, the company did not detail its plans for the Kansas plant.

Agco makes tractors, combines, hay tools, sprayers, forage, tillage equipment, implements that are sold under the Challenger, Fendt, Massey Ferguson and Valtra brands.

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