| Business Summary | | AGCO
Corporation
is
a
manufacturer
and
distributor
of
agricultural
equipment
and
related
replacement
parts
throughout
the
world.
The
Company
sells
a
full
range
of
agricultural
equipment,
including
tractors,
combines,
self-propelled
sprayers,
hay
tools,
forage
equipment
and
implements.
The
Company's
products
are
marketed
under
the
names
AGCO,
AGCO
Allis,
Fendt,
Massey
Ferguson,
Hesston,
White,
Gleaner,
New
Idea,
AGCOStar,
Tye,
Farmhand,
Glencoe,
Spra-Coupe
and
Willmar.
The
Company
distributes
its
products
through
a
combination
of
approximately
7,750
independent
dealers
and
distributors,
associates
and
licensees.
In
addition,
the
Company
provides
retail
financing
in
North
America,
the
United
Kingdom,
France,
Germany,
Spain,
Ireland
and
Brazil
through
finance
joint
ventures
with
Cooperatieve
Centrale
Raiffeisen-Boerenleenbank
B.A.,
Rabobank
Nederland
(Rabobank). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AGCO
Corp.
is
a
global
manufacturer
and
distributor
of
agricultural
equipment
and
related
replacement
parts.
AGCO
also
provides
retail
financing
in
North
America,
United
Kingdom,
France
and
Germany.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$1.19
billion.
Net
loss
before
extraordinary
item
fell
97%
to
$200
thousand.
Revenues
reflect
the
acquisition
of
Ag-Chem
Equipment
Company.
Lower
loss
also
reflects
improved
gross
margins
and
lower
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Ratliff, 68 Chairman | $1.0M | John Shumejda, 54 Pres,
CEO, Director | 1.5M | Donald Millard Sr.
VP, CFO | -- | Garry Ball Sr. VP, Engineering and Product Devel. | -- | Edward Swingle, 58 Sr.
VP -- Sales and Marketing, North and South America | 752K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|