AGCO
Agco is a global manufacturer of agricultural equipment. Its main machine brands are Fendt, Massey Ferguson, and Valtra; its initiatives in precision agriculture have been organized under the PTx umbrella following a series of acquisitions. While a global business, Agco's sales skew heavily toward Europe/Middle East, representing 50%-60% of sales and even more of operating profits. The company is trying to increase its exposure to the larger North and South American markets. Its products are available through a global dealer network, which includes over 3,000 dealer and distribution locations and reach into over 140 countries. Additionally, Agco offers retail and wholesale financing to customers through its unconsolidated joint venture with Rabobank of the Netherlands.www.agcocorp.com
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Search complete. 54 mentions across 32 episodes found for "AGCO".
Nov 2, 2026
Sarah NoletGUEST
Yeah, like one challenge we see is that the technology just isn't ready to be considered like it's a fully mature company.
Sarah NoletGUEST
If you go to buy a tractor from John Deere, Agco, or Case Like, that company's been around a long time, there's a full support package, there's finance sitting behind it, everything's already done.
Sarah NoletGUEST
If you're engaging with a startup that has eight people and this is their first commercial deployment, it's gonna be a really different experience.
Sarah NoletGUEST
And so just understanding what's on the other side of the table and what to expect.
Steve CroweHOST
Mike Bross and Jonathan and a whole team of folks from Agility were at the show.
Steve CroweHOST
They announced a new customer last week, right? Agco, an agricultural company.
Steve CroweHOST
earlier this week announced an expanded partnership with GXO Logistics, which is of course the first company that deployed Digit a couple of years ago, I think it was 2023.
Steve CroweHOST
But this broke while we were about to hit to record is that they've actually set the date for the IPO, the SPAC with Churchill Capital Corporation.
Tim NessHOST
Are you pulling up the press release, Taya? Yeah.
Tim NessHOST
Yeah, so AGCO and Agility Robotics, a leading humanoid robotics and physical AI company, have signed a commercial agreement to advance the future of manufacturing through AI-powered humanoid automation.
Tim NessHOST
The U.S. pilot is expected to begin in 2027 and will support AGCO's efforts to create more flexible, intelligent factories beginning at AGCO's Heston, Kansas, production facility.
Tyler NessHOST
Yeah, so I think first reading this, it's like, oh, wait, are these humanoids for the farm? No, they're humanoids for AGCO's manufacturing facility to further optimize and run plants more efficiently to be able to manufacture better and more optimized.
Tyler NessHOST
So it's not for humanoids in the field, although maybe.
Tyler NessHOST
And yeah, I think that it's cool to see a big agricultural manufacturer like AGCO that innovate and want to be on the cutting edge.
Tyler NessHOST
And if you dig into the press release, it talks about the goal here is to deliver innovative products
Charles SmithGUEST
through
Tim CulverhouseHOST
From Robotics 24-7 this month, we had a couple of deployments related to humanoid robots.
Tim CulverhouseHOST
Agility Robots and Agco announced that it will pilot the Digit Humanoid for smart manufacturing applications.
Tim CulverhouseHOST
In more agility news, as Agility and Fort Robotics announced a strategic partnership to advance humanoid robot safety.
Tim CulverhouseHOST
Boston Dynamics named Rohit Prasad as its new CEO and also unveiled new dexterous hands for the Atlas humanoid robot.
Daniel DiezGUEST
GXO joins other new customers.
Daniel DiezGUEST
We just announced AGCO, a major agricultural equipment manufacturer, and then all the others, the nine other deployment sites that we're working on.
Daniel DiezGUEST
And so it just shows that we're at a moment in time now where we've moved beyond the pilot.
Daniel DiezGUEST
This is now companies looking at scaling these robots into operations and really, really expanding it.
Philippe BurnsHOST
What are the companies?
Wilson ActonGUEST
John Deere and Case New Holland, generally speaking, are the big two, right? And then you get Agco, who's got a big chunk of it, and then it starts to kind of tail off.
Wilson ActonGUEST
But when you have that kind of also structural concentration, they can block innovation.
Mark Le DainHOST
Yeah.
Libby PriceHOST
Driver was president of the New Zealand Tractor and Machinery Association, Jaden Drought.
Libby PriceHOST
The tractor was the AGCO Massey Ferguson MF9S.
Libby PriceHOST
We're joined by driver Jaden Drought and Chris Bain, product marketing manager for Massey Ferguson in Australia and New Zealand.
Libby PriceHOST
First, Jaden, what was the aim of the trip?
Bridgette ReadelHOST
Couple of other headlines to cover for folks.
Bridgette ReadelHOST
Humanoid robots are headed to Kansas to build farm equipment for Agco.
Bridgette ReadelHOST
The company behind Massey Ferguson and Fent Tractors is hiring humanoid robots to help build farm tractors.
Bridgette ReadelHOST
Agility Robotics has announced that Agco, who is one of the world's largest farm equipment manufacturers, signed a deal to pilot Agility's Digit Humanoid.
Bridgette ReadelHOST
The pilot's expected to start in 2027 at Agco's manufacturing plant in Heston, Kansas.
Bridgette ReadelHOST
Digit's first jobs are going to be sorting and stacking parts and placing totes into storage.
Bridgette ReadelHOST
That is not very glamorous, and it's not supposed to be.
speaker_0HOST
Here are some sectors and companies that Parker likes in the small cap space.
Chris ParkerGUEST
We like AGCO in that space that not only has the potential for a bottoming to improving overall cycle, but has some company specific market share opportunities as they've launched a number of products and they've changed how they go to market and interact with farmers.
Chris ParkerGUEST
They also have a really interesting and somewhat unique retrofit opportunity that does create a lot of value and a lot of stickiness for farmers as well.
Chris ParkerGUEST
Staying within the industrial space, we like a company called Terex that historically has been a construction machinery business.
Kelvin HeppnerPANELIST
Yeah, Agwest is an eight-location dealership network here in Manitoba and eastern Saskatchewan.
Kelvin HeppnerPANELIST
They have Agco and Kloss equipment and had about around $75-$76 million in liabilities and about the same in assets appraised book value of mostly inventory on lots and BMO, Bank of Montreal, along with other creditors including AGCO and CLOS and FCC are all owed money.
Kelvin HeppnerPANELIST
They've entered creditor protection now until the end.
Kelvin HeppnerPANELIST
The court has granted court protection until the end of January.
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