Business Wire

AGCO Launches AGCO Agriculture Foundation

Del

AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announced the launch of the AGCO Agriculture Foundation. “The AGCO Agriculture Foundation is a testament to our commitment to support farmers feeding the world. Our objective is to support non-profit initiatives that contribute to global food security, support sustainable agriculture development and have an economic impact in developing countries,” said Martin Richenhagen, AGCO’s Chairman, President and CEO.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180918005073/en/

The new philanthropic focus demonstrates AGCO’s strong commitment to specific Sustainable Development Goals developed by the United Nations that seek to end hunger and provide basic necessities to a growing world population. AGCO has already been driving change globally, particularly in certain developing markets, by supporting farmer education initiatives as well as access to mechanization and agricultural projects. As a private organization, the AGCO Agriculture Foundation will leverage new partnerships and utilize its networks to develop and advance vital initiatives that will have a positive direct social, economic and environmental impact on communities around the globe. “We believe that with our agriculture expertise and resources the foundation can truly maximize our efforts for a good cause,” said Metti Richenhagen, Manager, AGCO Corporate Social Responsibility and AGCO Agriculture Foundation.

An AGCO Agriculture Foundation Board of Directors is entrusted with the oversight and administration of the foundation’s activities. “We appreciate the ideas, support and engagement from the global AGCO family in making this goal a reality,” said Ulrich Stockheim, Chairperson of the AGCO Agriculture Foundation.

About AGCO

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agriculture equipment and solutions and supports more productive farming through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimization services. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2017, AGCO had net sales of $8.3 billion. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

Contact information

AGCO
Greg Peterson
Vice President, Investor Relations
Greg.Peterson@agcocorp.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

GSMA Debunks False Claims Threatening Future of 5G17.6.2019 11:04:00 CESTPressemelding

The GSMA today hit out against false claims that 5G systems will harm other services, such as weather forecasting. The mobile industry has already demonstrated within leading international standards bodies that 5G can be used safely alongside other services, including weather sensing services, commercial satellite, radar and other applications using adjacent airwaves. The GSMA is confident that 5G services and weather sensing services can co-exist, and warns against giving credence to those claiming a negative impact from 5G networks on weather forecasting data. “5G and weather forecasts can and will co-exist – it’s ludicrous to suggest otherwise,” said Brett Tarnutzer, Head of Spectrum, GSMA. “To suggest that our 7-day forecast will go away with 5G is simply fake news. We cannot allow these scare tactics to prevent us from reaping the huge societal and economic benefits of 5G networks. We urge everyone to simply look at the facts and not get drawn in by misleading rhetoric.” The fact

GA-ASI’s I2C Makes Situational Awareness More Affordable Using Automation & UX-Based Design17.6.2019 11:00:00 CESTPressemelding

The new Integrated Intelligence Center (I2C) from General Atomics Aeronautical Systems, Inc. (GA-ASI) presents innovative ways to improve the user experience for operators of Remotely Piloted Aircraft (RPA) using automation and user experience-based design (UX). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190617005255/en/ The System for Tactical Archival, Retrieval and Exploitation (STARE) is a component of GA-ASI's new Integrated Intelligence Center. STARE's Common Operation Picture shows the location of ISR assets, where they can look, and what they are currently looking at. STARE's automated Processing, Exploitation, and Dissemination capabilities produces actionable intelligence faster with reduced manpower. (Graphic: Business Wire) “I2C will rapidly transform data into actionable intelligence,” said David R. Alexander, president, GA-ASI. “We see benefits to the warfighter on many fronts, including the reduction of op

Panasonic Signs Joint Business Development Agreement with Startup Linkwiz to Enhance Welding Processes in Manufacturing17.6.2019 10:03:00 CESTPressemelding

On June 17, 2019, Panasonic Corporation (TOKYO: 6752) announced that it has signed a joint business development agreement with Linkwiz, Inc. — a startup company specializing in the development and sales of autonomous robotic system software and technical consulting — to develop solutions to enhance welding processes in the manufacturing field. The agreement is being undertaken by Panasonic’s Connected Solutions Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190617005360/en/ Yasu Higuchi, CEO of Panasonic's Connected Solutions Company (left) and Go Fukino, President of Linkwiz, Inc. (right) (Photo: Business Wire) Under its “Gemba Process Innovation” vision, Panasonic is expanding its B2B solutions business. “The ‘gemba,’ or physical site for frontline operations, is where value is generated and problems must be confronted,” explained Yasu Higuchi, CEO of the Connected Solutions Company. “By applying our 100-years of

Norsk Titanium & QuesTek Test Additive Titanium Alloy17.6.2019 10:00:00 CESTPressemelding

Building upon the collaboration announced at Farnborough in July 2018, Norsk Titanium (Norsk) has successfully printed QuesTek’s custom titanium wire in support of initial material properties testing. QuesTek thoroughly evaluated the microstructure and measured the properties in several heat-treated conditions including various combinations of stress relief and solution treatment. Superior performance versus Ti-6-4 has been demonstrated. The highest performance condition was a basic one-hour solution treatment where an average Ultimate Tensile Strength (UTS) of 147 ksi and an average elongation of 18% was measured. This represents an increase in both strength and elongation, while maintaining fatigue performance, over standard Ti-6Al-4V. “QuesTek’s high-performance titanium alloy provides an opportunity for Norsk’s customers to optimize components printed with Norsk Titanium’s RPD™ process and opens doors for new applications,” said Norsk Chief Technology Officer Carl Johnson. The typi

H.I.G. Europe to Acquire Polyurethane Systems Business from Covestro17.6.2019 08:05:00 CESTPressemelding

H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with over €26 billion of equity capital under management, is pleased to announce that an affiliate has signed a definitive agreement to acquire the European Polyurethane Systems Business (the “Company”) in a carve-out transaction from Covestro AG. The transaction is subject to clearing by the relevant antitrust authorities with closing anticipated for the second half of 2019. The European Polyurethane Systems Business operates four systems houses in Germany, Denmark, the Netherlands and Spain. It employs approximately 250 full-time employees and generates annual sales of approximately €230 million. Systems houses develop and formulate tailor-made ready-to-use chemical blends for the production of a wide range of polyurethane products such as insulation materials, foams, shoe soles, and building materials. The Company serves a wide range of small- and mid-sized customers across Europe and will be led by Dr.

Appointment of Mark Wood as Chairman of HomeServe Labs17.6.2019 08:00:00 CESTPressemelding

HomeServe plc (“HomeServe”, “the Group”), the international home repairs and improvements business, is pleased to announce the appointment of Mark Wood CBE as non-Executive Chairman of HomeServe Labs, the unit within HomeServe that developed LeakBot. HomeServe Labs is the innovation arm of HomeServe which in 2016 launched LeakBot, a patented smart leak alarm that can detect leaks anywhere on a mains water system. Water leaks are one of the major causes of claims on home insurance policies across Western Europe and the US, and LeakBot is designed specifically to help insurance companies prevent water leak claims by catching the leaks early. Craig Foster, LeakBot CEO, said: "Mark Wood is a previous CEO of AXA and a veteran of the insurance industry. This experience will really benefit us as a B2B Insuretech. Mark is also a successful entrepreneur himself, and more recently added a huge amount of value to promising fintech start-ups like PensionBee. With Mark on board as our new Chairman,