AGCO AGCO Corporation

AGCO Welcomes Plevna Implement Expansion in Western Indiana

(NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, welcomed expansion into western Indiana with its recent announcement that it will purchase MacAllister Machinery’s store in Rensselaer, Indiana, and has committed to opening a fifth Indiana store at a soon-to-be-announced location for coverage across much of the northern half of the state. All Plevna locations will provide Indiana farmers with full-line sales and service of AGCO’s fast-growing and popular brands, including Fendt® and Massey Ferguson®.

“AGCO is excited about Plevna’s expansion and growth commitment into western Indiana, as it will ensure top-notch sales and service to the area’s growers and provide them with access to all of AGCO’s innovative, customer-focused brands,” said Ruchir Patel, AGCO VP, Global Distribution Management. “Plevna Implement has built solid relationships with Indiana farmers for 80 years, and they’ll bring that same dedication, commitment and service excellence to western Indiana farmers.”

“The Plevna Team is excited to grow into western Indiana, and we look forward to serving growers throughout the Rensselaer area,” said Kent Shrock, Plevna Implement’s president and CFO. “As a multi-generational, family-owned dealership, we’ve built trusted relationships with our growers through integrity, customer-focused experiences and service excellence, and those are the values we’ll bring to our new communities.”

AGCO embarked on an ambitious growth plan in North America in 2022, and recent dealership news in , , , , and now Indiana are part of that strategy. Today’s announcement regarding Plevna Implement’s expansion is a key component of AGCO’s plan to meet those goals and deliver access to its well-known products and services to Indiana farmers.

For more information about Plevna Implement and updates about its newest locations and opportunities to join the Plevna teams, go to .

Fendt and Massey Ferguson are registered trademarks of AGCO.

About AGCO

AGCO (NYSE:AGCO) is a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio, including core brands like Fendt®, GSI®, Massey Ferguson®, Precision Planting®, and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $12.7 billion in 2022. For more information, visit . For company news, information, and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

EN
26/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AGCO Corporation

 PRESS RELEASE

CORRECTION – Massey Ferguson Names Prescott Frontier Days 2025 Sowing ...

CORRECTION – Massey Ferguson Names Prescott Frontier Days 2025 Sowing Good Deeds Winner Arizona Rodeo Committee awarded new Massey Ferguson tractor In a release issued under the same headline on Dec. 4, 2025 by AGCO Corporation, please note that the quote in paragraph 5 was attributed to the wrong person. The corrected release follows: LAS VEGAS, Dec. 05, 2025 (GLOBE NEWSWIRE) -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrates the hard work of rodeo committees across the United ...

 PRESS RELEASE

Massey Ferguson Names Prescott Frontier Days 2025 Sowing Good Deeds Wi...

Massey Ferguson Names Prescott Frontier Days 2025 Sowing Good Deeds Winner Arizona Rodeo Committee awarded new Massey Ferguson tractor LAS VEGAS, Dec. 04, 2025 (GLOBE NEWSWIRE) -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrates the hard work of rodeo committees across the United States through its Massey Ferguson brand’s annual  contest. Matt LeCroy, Marketing for Massey Ferguson North America, presented this year’s award to representatives of during the (PRCA) 2025 Awards Banq...

Agco Corp: 1 director

A director at Agco Corp sold 2,669 shares at 112.590USD and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showi...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch