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I see the development and growth of AGCO to be much the same as a person grows and changes," says McLelland.
Despite the tragedy, Molly Dye, an AGCO spokeswoman, says the company will continue to use executive jets in addition to commercial air travel.
In the past, ACGO has manufactured and distributed products under the names: AGCO [R] White, Massey Ferguson [R], FENDT [TM] and AGCO-STAR [R].
AGCO also announced that it has entered into a letter of intent to purchase Dronningborg Industries a/s, of Denmark, a manufacturer of combine harvesters which are sold exclusively to AGCO for sale under the Massey Ferguson brand name.
AGCO supports more productive farming through a full line of tractors, combines, hay tools, sprayers, forage equipment, tillage, implements, grain storage and protein production systems, as well as related replacement parts.
AGCO is committed to developing software that makes it easy for farmers to use and exchange data across an industry-wide spectrum of equipment," says Wade Stewart, Mktg Operations Mgr, AGCO Global Technologies.
In mid-January, AGCO announced it had purchased Fendt, subject to the usual government approvals.
As a golf enthusiast for most of his life, AGCO Corporation's Jim Seaver knows that golf is largely a solitary game in which one plays against himself and the course more than against any competitors or golf partners.
Another specialized product that AGCO delivers is the Nutrient Management System or NMS.
We are optimistic about the outlook for our industry as well as for AGCO and the time is right for AGCO to begin paying a dividend," stated Martin Richenhagen, AGCO's Chairman, President and Chief Executive Officer.
AGCO entered an agreement with two local partners - L'Entreprise Publique Economique de Production de Tracteurs Agricoles (EPE ETRAG Spa) and L'Entreprise Publique Economique de Commercialisation de Materiels Agricoles (EPE PMAT Spa) - to form the Algerian Tractors Company of which AGCO owns 49%.
AGCO and AgWeb have teamed up for Ready to Rumble 2, which began in February and ends Nov.
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