AGCO Corporation

Industry: Construction Agriculture Machinery

Fortune Rank: 337

AGCO Corporation engages in the design, manufacture, marketing, and distribution of agricultural equipment and related replacement parts worldwide. The company sells agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, and implements under various brand names. The company offers compact tractors, utility tractors, and high horsepower tractors. It offers self-propelled, three- and four-wheeled vehicles, and related equipment for use in the application of liquid and dry fertilizers and crop protection chemicals. The company manufactures chemical sprayer equipment, which are used prior to planting crops and after crops emerge from the ground. Its hay and forage equipment includes round and rectangular balers, self-propelled windrowers, forage harvesters, disc mowers, and mower conditioners that are used for the harvesting and packaging of vegetative feeds used in the beef cattle, dairy, and horse industries. The company, through its Fieldstar brand precision farming system, offers software and hardware products, which enable farmers to utilize global positioning system technology, yield mapping, variable rate planting, and application and site specific agriculture. The company distributes its products through independent dealers and distributors, associates, and licensees. In addition, the company provides retail financing in North America, the United Kingdom, France, Germany, Ireland, and Brazil through its finance joint ventures. AGCO was formed in 1990 and is headquartered in Duluth, Georgia.

AGCO Corporation

AGCO Corporation is a Fortune 500 company. In 2010 AGCO Corporation was ranked number 337 on the Fortune 500 list, making it the 337th largest company in the United States when judged by revenue.

AGCO Corporation achieved revenue of $6,630.40 million in 2010 and earned a profit of $135.70 million.

AGCO Corporation's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 306th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $8,425 million (a change of -2 million compared to 2010) and profits of $400 million (a change of -264 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then AGCO Corporation would be ranked 341st rather than 337th due to its profits of $136 in 2010.

AGCO Corporation Revenue* Profit* Fortune Ranking

* US$ Million

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