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Hesston 5670 round baler, in 2010. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis, bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment.
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Agco (AGCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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Today White is an AGCO brand. AGCO was formed in 1990 by former Deutz-Allis executives. The executives took over Deutz-Allis and then purchased the White tractor line and Hesston Corporation brands in 1991. The remaining White-New Idea Company was purchased by AGCO in 1993 from Allied.
Since production began at AGCO Jackson, the facility has produced "7600" series and "8600" series Massey Ferguson tractors for the North American market. Production at the Jackson facility also included the 7700, 8700, 7700S, and 8700S Massey Ferguson tractors. In January 2020, AGCO announced the expansion of its factory in Beauvais, France ...
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