AGCO to end Randers role
AGCO has confirmed its earlier announcement that it is closing its Randers plant in Denmark.
The company also plans to increase combine harvester production at the jointly owned Laverda plant it Italy.
Combines have been produced for AGCO at the Laverda facility since 2004 and, in the summer of 2007, AGCO acquired a 50pc stake in the Breganze facility from the ARGO group, which owns Landini and McCormick.
AGCO says the move is part of its long-term strategy to accelerate the development of its harvesting equipment and reinforce the extension of its combine ranges in Europe.
"The manufacturing assembly and supply from a single facility will bring even stronger focus and continuity to our combine operations and afford more effective use of capacity, greater efficiencies and competitiveness," said senior vice president and general manager of AGCO EAME/ANZ, Gary Collar.
The Italian facility has produced Massey Ferguson, Fendt and Challenger branded combines for AGCO for their European, African and Middle Eastern markets, while the Randers facility will close in the summer.