AGCO Corporation Joins Fortune 500 List.Business Editors DULUTH, Ga.--(BUSINESS WIRE)--March 31, 2004 AGCO AGCO Alcohol and Gaming Commission of Ontario AGCO Anderson, Greenwood, & Company AGCO After Google Check-Out Corporation (NYSE NYSE See: New York Stock Exchange :AG), a worldwide designer, manufacturer and distributor of agricultural equipment, with revenue of $3.5 billion in 2003, has been recognized as one of the nation's 500 largest publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . The Fortune 500 list, which includes AGCO Corporation, will be published in Fortune Magazine's April 5 edition. "Being named to the Fortune 500 list is simply another sign that AGCO employees are continuing to build a strong and secure company that will be here for the long term to support our tractor, combine, application and farm equipment customers," says Robert J. Ratliff, chairman of the board, and a company founder. "It is those customers and their dealers who are responsible for the steady growth we have enjoyed, and that has resulted in this recognition." AGCO Corporation is composed of more than 23 internationally recognized equipment brands that serve nearly every aspect of agriculture from diesel engines to satellite guidance systems. While its collective ag heritage is numbered in decades, its reputation is built on cutting edge innovation in equipment design and technology adoption. "While this recognition of our past growth is appreciated, it is our future that we are excited about," says Ratliff. "We believe food production remains the most important industry in the world, and we are committed to helping our customers find new levels of efficiency and productivity." AGCO Corporation, headquartered in Duluth, Georgia Duluth is a city in Gwinnett County, Georgia, and a suburb of Atlanta located in the Metro Atlanta area. Unincorporated portions of northeast Fulton County and Forsyth County also have Duluth as a mailing address, though this area is technically outside city limits. , is a global designer, manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in over 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 9200 independent dealers and distributors around the world. AGCO products are distributed under the brand names AGCO(R), Agco Allis AGCO-Allis agricultural equipment were what AGCO Corporation renamed the Deutz-Allis ag equipment after AGCO purchased the business from Deutz-Fahr and KHD of Germany. The brand traces its roots back to the Allis-Chalmers company. (R), AgcoStar(R), Challenger(R), Farmhand(R), Fendt(R), Fieldstar(R), Gleaner(R), Glencoe(R), Hesston(R), LOR LOR Letter Of Reprimand (military) LoR Lord of the Rings (J.R.R. Tolkien) LOR Learning Object Repository LOR Linux.Org. *AL(R), Massey Ferguson Massey Ferguson Limited is a major agricultural equipment manufacturer. Originally started in Canada it became one of the country's largest industrial concerns in the 1960s. (R), New Idea(R), RoGator(R), SisuDiesel(TM), Soilteq(TM), Spra-Coupe(R), Sunflower(R), TerraGator(R), Tye(R), Valtra(R), White(TM), and Willmar(R). AGCO provides retail financing through AGCO Finance in North America and through Agricredit in the United Kingdom, France, Germany, Ireland, and Brazil. In 2003, AGCO had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $3.5 billion. To download this and other news releases, please visit the AGCO website at www.agcocorp.com. |
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