Posted by Rizz1800 on January 30, 2013 at 18:26:41 from (174.54.32.231):
In Reply to: Anybody buying Agco? posted by Riverslim on January 30, 2013 at 11:30:36:
Used to work for AGCO based out of Hesston, KS as a combine test engineer. Globally they are going to 4 brand names: Valtra, MF, Challenger, and Fendt. Eventually all others will be gone (scary i know) hesston was just phased out. AGCO is trying to follow the super dealer presidence that deere and CNH have gone to. however the problem with AGCO is the connection to the old CAT dealer network. for those of you who dont know the name challenger and all of the equipment went to AGCO except the Lexion combines which stayed with CLAAS. In the US they cannot put a dedicated AG dealer within 50 miles of a CAT dealer, THAT STILL SELLS AGCO TRACTORS. Cat dealers dislike all ag stuff except the track tractors (huge business) and carry nothing for parts. there are some exceptions to this dealer territory thing but every time i went to the field it seemed like the dealer was sooo far away.
so as far as anyone buying the AGCO company i would think that is not goin to happen at all. with the booming business overseas AGCO is growing in South America and China. the growth in the North American market is very difficult with Deere locking down market share on everything, but the Fendt and Challenger tractors are doing really well for AGCO. I could go on and on but this could take all night
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