AGCO Invests $12M in European Hay Tool Production

AGCO is investing the equivalent of $12.2 million in European hay tool production as a strategy to strengthen the full line credentials of the Fendt and Massey Ferguson lines that appear to be gaining momentum. Increased capacity is needed at the AGCO Feucht plant in southern Germany, located 100 miles north of Munich, where grass mowers, tedders and rakes are built under the Fella name and, increasingly, for the two global brands.

AGCO acquired the…

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