AGCO held a press conference this week to announce the opening of its brand new manufacturing base in Changzhou, China.

To date, AGCO has invested USD 300 million in factories in China.


AGCO CEO Martin Richenhagen, AGCO Executives and local government officials celebrate the grand opening of AGCO's new manufacturing base in Changzhou, China

“China is one of the world’s largest farm equipment markets and AGCO has attached great importance to the market,” said Martin Richenhagen, Chairman, President and Chief Executive Officer of AGCO. “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.”

Since entering China in 2001, AGCO has taken a series of measures to expand the business and benefit local customers. The establishment of the new Changzhou factory shows its continuous confidence and commitment to the Chinese market. The new site will serve both domestic as well as export markets with its professional products and covers a total area of nearly 200,000 square meters.

Established as a manufacturing and R&D base with state of the art technology, the company aims to gradually reach an annual capacity of 20,000 tractors, 30,000 engines and 40,000 rear axles and transmissions, and further promote the localisation of product manufacturing in China.

Gary Collar, AGCO Senior Vice President and General Manager of Asia Pacific said, “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 mechanisation progress of China and the whole world.”