ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

AGCO Provides Update on Its Indiana Dealership Network

Plevna Implement, Laker Farm Implement, and AgRevolution dealerships to provide sales and support services throughout the Hoosier state.

AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, today announced progress to fulfill its North American distribution strategy in Indiana with full-line sales and service for its Fendt® and Massey Ferguson® brands from three key dealerships:

Plevna Implement’s existing outlets in northern Indiana in Nappanee and Kokomo will be complemented with a new location in Auburn in Q2 2023, and expansion into western Indiana in the coming months.

Laker Farm Implement’s recent expansion of their current store in Rushville provides significantly greater capabilities to their central Indiana customers.

AgRevolution™ continues to broaden its sales and support services in southern Indiana with its 2022 expansion into Vincennes, an upcoming new facility in Corydon, and the recent addition of mobile remote support services.

MacAllister Machinery announced a transition from its current agricultural model in September 2023 to focus on core business lines. MacAllister will continue providing aftersales support for AGCO products through September 2024. Plevna, Laker Farm, and AgRevolution will provide continuous sales and support to Indiana farmers for all AGCO brands.

“AGCO maintains a very solid sales and support dealer network throughout Indiana, and we are excited about the growth and momentum of our Plevna, Laker Farm, and AgRevolution dealerships,” said Bill Hurley, AGCO VP, Distribution Americas.

For more information regarding AGCO dealerships, go to AGCOcorp.com.

Fendt and Massey Ferguson are registered trademarks of AGCO. AgRevolution is a trademark of AgRevolution LLC, a wholly-owned subsidiary 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 customer value through its differentiated brand portfolio, including core brands like Fendt®, GSI®, Massey Ferguson®, Precision Planting®, and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $12.7 billion in 2022. For more information, visit 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.

“AGCO maintains a very solid sales and support dealer network throughout Indiana, and we are excited about the growth and momentum of our Plevna, Laker Farm, and AgRevolution dealerships,” said Bill Hurley, AGCO VP, Distribution Americas.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.