AGCO Releases November 2023 North American Distribution Network Update
07 Novembro 2023 - 10:35AM
Business Wire
Redlund Equipment acquires Sorum Tractor Co. in
Alamosa to expand access to AGCO’s full brand lineup in central
Colorado
AGCO Corporation (NYSE: AGCO), a global leader in the design,
manufacture, and distribution of agricultural machinery and
precision ag technology, provided an update regarding the growth
plan for its North American distribution network today. AGCO
embarked on an ambitious growth plan in North America in 2022 to
transform and expand its dealership network to meet growing farmer
demand and ensure comprehensive access and superior customer
experiences of its popular brands and services. Recent updates in
its North American network include Redlund Equipment’s acquisition
of Sorum Tractor Co., which is detailed below.
Redlund Equipment Acquires Sorum Tractor Co., Inc. in
Alamosa, CO
Redlund Equipment acquired Sorum Tractor Co., Inc. in Alamosa,
Colorado. Redlund already operates four successful Colorado
dealership locations, including those in Greeley, Lamar, Sterling
and Yuma, for full sales and services in eastern Colorado and
surrounding areas in Kansas and Nebraska. The Alamosa location
expands the company’s sales and service area into central Colorado,
where it will operate under the Redlund Equipment brand while
maintaining existing management and staff for seamless continuity
of sales and services to customers. All Redlund locations provide
growers access to AGCO’s full lineup of popular brands and
equipment, including Fendt® and Massey Ferguson®.
Recent dealership news in Idaho, Illinois, Indiana, and Nebraska
are also part of AGCO’s broader North American distribution
strategy. Today’s announcement regarding Redlund Equipment is a key
component of AGCO’s plan to deliver access to its well-known
products and services to farmers across the United States and
Canada.
For more information about this dealership news, go to
Redlund.com.
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
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231107991760/en/
Bob Blakely, AGCO | Bob.Blakely@AGCOCorp.com | 770-232-8018
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