AGCO to open third Chinese site

  • 30-Nov-2010 01:19 EST

AGCO plans to open a manufacturing operation in Daqing, Heilongjiang, China, to produce higher-power tractors and class 4 and higher combines. The site adds to AGCO’s Chinese manufacturing strategy consisting of genset operations in Shanghai as well as planned engine and low-to-mid-power tractor production in Changzhou. The company was recently awarded major contracts in a series of competitive bids for tractors by the Heilongjiang provincial government in China as part of a program aimed at expanding agricultural technology and productivity in the Chinese market. By the end of 2010, AGCO says it will have delivered more than 1000 Valtra high-power tractors to the province. “The opening of our third manufacturing operation in China marks an important step in the implementation of our Asian growth strategy,” said Hubertus Mühlhäuser, Senior Vice President, Strategy & Integration and General Manager Eastern Europe & Asia. “Our plans foresee this site to become a key production hub for the region.”

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