AGCO expands into China with new manufacturing base

AGCO, one of the world’s leading distributor and manufacturers of agricultural equipment, recently announced that it has opened its new manufacturing base located in Changzhou, China.

As of today, AGCO has made major investments, amounting to $300 million (USD), in its factories based in China.

“China is one of the world’s largest farm equipment markets, and AGCO has attached great importance to the market,” Martin Richenhagen, chairman, president and CEO of AGCO, said. “The opening of the new Changzhou location will further enhance our R&D and manufacturing capacity in China and is a critical step in the implementation of our development strategy for the Asia Pacific region.”

AGCO first began establishing its business in China beginning in 2001. Since then, the company has taken proactive steps to expand its business while also benefitting local customers.

“AGCO has already invested $300 million into existing and new manufacturing sites in China,” Gary Collar, AGCO senior vice president and general manager of Asia Pacific, said. “We are now operating a total of five manufacturing sites in Changzhou, Shanghai, Daqing and Yanzhou respectively across the country and employ more than 1,500 people. Our whole-machine and spare parts equipment produced in Changzhou are for the domestic market, but are also exported to other Asian and international markets. We aim to offer comprehensive solutions for professional farmers feeding the world and to promote the agricultural mechanization progress of China and the whole world.”