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AGCO Hosts AEM's 'Manufacturing Express' with Georgia Governor Brian Kemp

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AGCO (NYSE: AGCO), a global leader in agricultural machinery and precision ag technology, hosted the Association of Equipment Manufacturers' (AEM) 'Manufacturing Express' event at its Duluth, Georgia headquarters on August 22, 2024. The event, attended by Georgia Governor Brian Kemp, celebrated AGCO's role as the world's largest pure-play manufacturer of agriculture equipment and highlighted policies supporting U.S. manufacturing.

The AEM's Manufacturing Express bus tour is traveling 10,000 miles across 20 states, making 85 stops at equipment manufacturers. The non-partisan event in Duluth featured remarks from Governor Kemp and AGCO CEO Eric Hansotia, along with activities for employees to learn about manufacturing policies and voter registration services.

AGCO's brands include Fendt, Massey Ferguson, and PTx, a new technology leader in the industry. The event emphasized AGCO's contribution to American manufacturing and the U.S. economy, while thanking employees for their dedication to serving farmers globally.

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Positive

  • AGCO is recognized as the world's largest pure-play manufacturer of agriculture equipment
  • The event highlights AGCO's contribution to American manufacturing and the U.S. economy
  • Participation of Georgia Governor Brian Kemp demonstrates strong government relations

Negative

  • None.

News Market Reaction 1 Alert

+2.99% News Effect

On the day this news was published, AGCO gained 2.99%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Event celebrates AGCO employees, spotlights policies that support US manufacturing.

DULUTH, Ga., Aug. 23, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, hosted the "Manufacturing Express" of the Association of Equipment Manufacturers (AEM) at its worldwide headquarters in Duluth, Georgia, on August 22, 2024. The event, which included Georgia Governor Brian Kemp, celebrated AGCO's role as the world's largest pure-play manufacturer of agriculture equipment, highlighted the contributions made by its employees in helping farmers feed the world and spotlighted policies that support competitive U.S. manufacturing. AGCO's brands include celebrated equipment providers Fendt® and Massey Ferguson®, as well as one of the industry's newest technology leaders, PTx.

"AGCO is one of Georgia's key corporate citizens, representing the state around the world with some the most impressive and useful equipment in all of agriculture," said Georgia Governor Brian Kemp. "AGCO and its employees put farmers first every day they go to work, and I'm honored to share this day with them!"

AEM's Manufacturing Express bus tour is traveling 10,000 miles across 20 states with 85 stops at equipment manufacturers to showcase the innovative technologies, processes, people and products revolutionizing this industry across America. The non-partisan event in Duluth featured remarks from Kemp and AGCO Chairman, President & CEO Eric Hansotia, as well as local food, music, games and educational opportunities for employees to learn about manufacturing policies and voter registration services offered by the League of Women Voters.

"The 'Manufacturing Express' celebrates our employees and community while highlighting AGCO's contribution to American manufacturing and the U.S. economy," said Hansotia. "Events like this allow us to pause and thank the thousands of AGCO employees here in Georgia, across the U.S. and around the world for their spirit and the dedication they have for serving our farmers. The support of Governor Kemp certainly capped off an amazing event and we were so proud to welcome him to AGCO's home in Duluth!"

Additional details about the AEM Manufacturing Express national tour can be found at www.manufacturingexpress.org

Fendt and Massey Ferguson are registered trademarks of AGCO. PTx is a trademark 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.  

About the Association of Equipment Manufacturers (AEM): 

AEM is the North America-based international trade group representing off-road equipment manufacturers and suppliers with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 2.3 million jobs and contributes roughly $316 billion to the economy every year.

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SOURCE AGCO Corporation

FAQ

What was the purpose of AGCO hosting the 'Manufacturing Express' event on August 22, 2024?

AGCO hosted the event to celebrate its role as a leading agricultural equipment manufacturer, highlight employee contributions, and spotlight policies supporting U.S. manufacturing. It also showcased AGCO's impact on the American economy and agricultural industry.

Who attended the AGCO 'Manufacturing Express' event in Duluth, Georgia?

The event was attended by Georgia Governor Brian Kemp, AGCO Chairman, President & CEO Eric Hansotia, AGCO employees, and representatives from the Association of Equipment Manufacturers (AEM).

What brands are part of AGCO (NYSE: AGCO)?

AGCO's brands include Fendt, Massey Ferguson, and PTx, which is one of the industry's newest technology leaders in agricultural equipment and precision ag technology.

What is the scope of AEM's Manufacturing Express bus tour?

The AEM's Manufacturing Express bus tour is traveling 10,000 miles across 20 states, making 85 stops at equipment manufacturers to showcase innovative technologies, processes, people, and products in the American manufacturing industry.
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