AGCO to open manufacturing sites in China

  • 06-Jan-2010 11:04 EST

AGCO is planning to open two manufacturing sites in China this year. The first site, expected to open in the first half of 2010, will be in Changzhou, Jiangsu province, where AGCO intends to produce low- and mid-horsepower tractors, transmissions, engines, and gensets for the Chinese agricultural market and for export purposes. The second site, located in Heilongjiang, will focus on high-horsepower tractors, combines, and balers. AGCO’s plans foresee future investments in its China operations approaching $100 million, according to Hubertus Mühlhäuser, Senior Vice President, Strategy & Integration and General Manager, Eastern Europe & Asia. The company was recently awarded a contract by the Heilongjiang provincial government to deliver more than 300 Valtra tractors by the end of 2009.

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