STOCK TITAN

AGCO Announces Updates to Its Missouri and Wisconsin Dealership Network

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

AGCO (NYSE: AGCO) has announced updates to its North American dealership network, focusing on expansions in Missouri and Wisconsin. This move is part of AGCO's ambitious plan launched in 2022 to transform and expand its distribution network in North America. Experienced AGCO dealers Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company, and Vanderloop Equipment will be expanding their services to support previous Ziegler Ag Equipment customers in central Missouri and southern Wisconsin.

The expansion comes as Ziegler Ag Equipment strategically consolidates its focus on Minnesota, Iowa, and northwest Missouri markets. AGCO and its dealerships are implementing a customer care plan to ensure a smooth transition for farmers. This expansion aims to provide full access to AGCO's popular brands and services, including Fendt®, Massey Ferguson®, and PTx®, throughout both states.

AGCO (NYSE: AGCO) ha annunciato aggiornamenti nella sua rete di concessionari nordamericana, concentrandosi sulle espansioni in Missouri e Wisconsin. Questa mossa fa parte del piano ambizioso di AGCO lanciato nel 2022 per trasformare ed espandere la sua rete di distribuzione in Nord America. I concessionari esperti di AGCO Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company e Vanderloop Equipment amplieranno i loro servizi per supportare i precedenti clienti di Ziegler Ag Equipment nel Missouri centrale e nel Wisconsin meridionale.

L'espansione avviene mentre Ziegler Ag Equipment consolida strategicamente il suo focus sui mercati del Minnesota, Iowa e nord-ovest del Missouri. AGCO e i suoi concessionari stanno implementando un piano di assistenza clienti per garantire una transizione fluida per gli agricoltori. Questa espansione mira a fornire accesso completo ai marchi e ai servizi popolari di AGCO, inclusi Fendt®, Massey Ferguson® e PTx®, in entrambi gli stati.

AGCO (NYSE: AGCO) ha anunciado actualizaciones en su red de concesionarios en América del Norte, enfocándose en las expansiones en Missouri y Wisconsin. Este movimiento es parte del ambicioso plan de AGCO lanzado en 2022 para transformar y expandir su red de distribución en América del Norte. Los concesionarios experimentados de AGCO Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company y Vanderloop Equipment ampliarán sus servicios para apoyar a los anteriores clientes de Ziegler Ag Equipment en el centro de Missouri y el sur de Wisconsin.

La expansión se produce mientras Ziegler Ag Equipment consolida estratégicamente su enfoque en los mercados de Minnesota, Iowa y el noroeste de Missouri. AGCO y sus concesionarios están implementando un plan de atención al cliente para garantizar una transición suave para los agricultores. Esta expansión tiene como objetivo proporcionar acceso total a las marcas y servicios populares de AGCO, incluidos Fendt®, Massey Ferguson® y PTx®, en ambos estados.

AGCO (NYSE: AGCO)가 미주리주와 위스콘신주에서의 확장에 초점을 맞춘 북미 대리점 네트워크 업데이트를 발표했습니다. 이번 조치는 2022년에 시작된 AGCO의 야심찬 계획의 일환으로, 북미의 유통망을 변화시키고 확장하는 것입니다. AGCO의 경험 많은 대리점인 브룩필드 트랙터, 패럴렐 농업, 맥팔레인 제조 회사, 밴더루프 장비는 미주리 중앙부와 위스콘신 남부의 이전 지글러 농업 장비 고객을 지원하기 위해 서비스를 확장할 예정입니다.

이 확장은 지글러 농업 장비가 미네소타, 아이오와 및 미주리 북서부 시장에 전략적으로 집중하면서 이루어졌습니다. AGCO와 그 대리점은 농부들이 원활하게 전환할 수 있도록 고객 관리 계획을 시행하고 있습니다. 이번 확장의 목표는 두 주 전역에서 펜트®, 매시 퍼거슨®, PTx® 등의 AGCO의 인기 브랜드와 서비스에 대한 완전한 접근을 제공하는 것입니다.

AGCO (NYSE: AGCO) a annoncé des mises à jour de son réseau de concessionnaires nord-américain, en se concentrant sur les expansions dans le Missouri et le Wisconsin. Ce mouvement s'inscrit dans le cadre du plan ambitieux d'AGCO lancé en 2022 pour transformer et étendre son réseau de distribution en Amérique du Nord. Les concessionnaires expérimentés d'AGCO, Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company et Vanderloop Equipment, vont élargir leurs services pour soutenir les anciens clients de Ziegler Ag Equipment dans le Missouri central et le sud du Wisconsin.

Cette expansion intervient alors que Ziegler Ag Equipment concentre stratégiquement son attention sur les marchés du Minnesota, de l'Iowa et du nord-ouest du Missouri. AGCO et ses concessionnaires mettent en œuvre un plan de service client pour garantir une transition en douceur pour les agriculteurs. Cette expansion vise à fournir un accès complet aux marques et services populaires d'AGCO, y compris Fendt®, Massey Ferguson® et PTx®, dans les deux États.

AGCO (NYSE: AGCO) hat Aktualisierungen seines nordamerikanischen Händlernetzwerks angekündigt, mit einem Fokus auf Expansionen in Missouri und Wisconsin. Dieser Schritt ist Teil von AGCOs ehrgeizigem Plan, der 2022 gestartet wurde, um sein Vertriebsnetz in Nordamerika zu transformieren und auszubauen. Erfahrene AGCO-Händler wie Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company und Vanderloop Equipment werden ihre Dienstleistungen erweitern, um frühere Ziegler Ag Equipment-Kunden im zentralen Missouri und im südlichen Wisconsin zu unterstützen.

Die Expansion erfolgt, während Ziegler Ag Equipment strategisch seinen Fokus auf die Märkte in Minnesota, Iowa und im Nordwesten von Missouri konzentriert. AGCO und seine Händler setzen einen Kundenbetreuungsplan um, um einen reibungslosen Übergang für Landwirte zu gewährleisten. Diese Expansion zielt darauf ab, in beiden Bundesstaaten vollen Zugang zu den beliebten Marken und Dienstleistungen von AGCO, einschließlich Fendt®, Massey Ferguson® und PTx®, zu bieten.

Positive
  • Expansion of dealership network in Missouri and Wisconsin
  • Strategic growth to meet increasing farmer demand
  • Improved access to popular AGCO brands and services
Negative
  • None.

Brookfield Tractor, McFarlane Manufacturing, Parallel Ag and Vanderloop Equipment to expand sales and support services.

DULUTH, Ga., Aug. 5, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology provided updates regarding the growth plan for its North American distribution network today. AGCO embarked on an ambitious plan in North America in 2022 to transform and expand its North American dealership network to meet growing farmer demand and ensure comprehensive access and superior customer experiences of its popular brands and services. Recent updates in its North American network include expansions in Missouri and Wisconsin by experienced AGCO dealers Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company and Vanderloop Equipment.

Dealer territory updates in Missouri and Wisconsin will help provide full access throughout both states to AGCO's popular brands and services, including those from Fendt®, Massey Ferguson® and PTx®. This expansion is the result of an agreed-upon transition with Ziegler Ag Equipment, which has made the decision to strategically consolidate and remain focused on its services in the Minnesota, Iowa and northwest Missouri markets. 

"We're grateful for the opportunity to have served the Wisconsin and central Missouri AGCO customers and know they will be in good hands with these experienced dealers," said Matt Solem, Ziegler Ag Equipment's Vice President, "We're excited about the growth opportunities we have in Iowa, Minnesota and northwest Missouri, and we remain committed to delivering the high level of service and support our customers have come to expect from us."

Existing AGCO dealerships will expand their services to support previous Ziegler Ag Equipment customers in central Missouri and southern Wisconsin. Specifically:

  • Brookfield Tractor and Parallel Ag will expand their services in Missouri from locations in Brookfield, Marshall and Montgomery City; and
  • McFarlane Manufacturing, Parallel Ag and Vanderloop Equipment will similarly expand services in Wisconsin.

In coordination with Ziegler Ag, AGCO and its dealerships are implementing a full customer care plan and communications to farmers to ensure a smooth transition and will soon introduce their new product teams and service capabilities.

"AGCO's dealership strategy in North America ensures that farmers can leverage the industry's leading equipment and precision ag technologies," said Ruchir Patel, AGCO Vice President, Global Distribution Management. "We're excited by the expansion and growth we're seeing across our dealership network, and we're sure Missouri and Wisconsin farmers will be pleased with their new teams."

For more information about this dealership news, go to Brookfield Tractor, McFarlane Manufacturing Company, Parallel Ag and Vanderloop Equipment.

Fendt, Massey Ferguson and PTx are registered trademarks of AGCO.

About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including core brands like Fendt®, GSI®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $14.4 billion in 2023. For more information, visit www.agcocorp.com. For company news, information, and events, please follow us on X: @AGCOCorp. For financial news on X, please follow the hashtag #AGCOIR.  

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/agco-announces-updates-to-its-missouri-and-wisconsin-dealership-network-302211015.html

SOURCE AGCO Corporation

FAQ

Which AGCO dealers are expanding in Missouri and Wisconsin?

Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company, and Vanderloop Equipment are expanding their services in Missouri and Wisconsin to support AGCO customers.

Why is AGCO (NYSE: AGCO) expanding its dealership network in North America?

AGCO is expanding its North American dealership network to meet growing farmer demand and ensure comprehensive access and superior customer experiences for its popular brands and services.

What AGCO brands will be more accessible through this dealership expansion?

The expansion will provide full access to AGCO's popular brands including Fendt®, Massey Ferguson®, and PTx® throughout Missouri and Wisconsin.

How is AGCO ensuring a smooth transition for customers in the affected areas?

AGCO and its dealerships are implementing a full customer care plan and communications to farmers to ensure a smooth transition and will soon introduce their new product teams and service capabilities.

AGCO Corporation

NYSE:AGCO

AGCO Rankings

AGCO Latest News

AGCO Stock Data

7.16B
74.64M
16.88%
82.14%
2.89%
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
Link
United States of America
DULUTH