AGCO Corporation Positions Worldwide Sisu Diesel Business for Increased Growth and Innovation.Key Corporate Officer Assumes Management of Global Engine Business DULUTH, Ga. -- 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 manufacturer and distributor of agricultural equipment, today announced that Hubertus Muhlhauser, Senior Vice President, will take on the responsibility for the worldwide Sisu Engine business. "This will clearly position Sisu Diesel as a global business within our corporation and underlines its importance for AGCOos corporate strategy," comments Martin Richenhagen, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AGCO Corporation. Since becoming a part of AGCO Corporation in 2004, Sisu Diesel has grown its engine business continuously and is today producing close to 30,000 engines that are operating in many AGCO brands such as, 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. and Valtra, as well as third party products. This trend is expected to continue and to accelerate as AGCO invests in Sisuos technology and capacity in Finland and Brazil, further enhancing its global market position as an off-highway engine specialist. Hubertus Muhlhauser will work closely with the entire Sisu organization in both countries to maximize the international potential of the business. Mr. Muhlhauser assumes this expanded role on top of his current responsibilities. He joined AGCO Corporation in September 2005 as Senior Vice President for Strategy and Integration and assumed additional responsibility for AGCOos worldwide Information Technology activities in 2006. Before joining AGCO, Mr. Muhlhauser concluded more than ten years with Arthur D. Little Arthur D. Little, Inc. is the world's first management consulting firm. Founded in 1886 by Arthur Dehon Little, an MIT chemist who discovered acetate, and co-worker Roger Griffin, in Cambridge, Massachusetts, Arthur D. Little pioneered the concept of contracted technology research. Ltd., the world's first management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm where he was a Member of the Global Executive Team and Managing Partner, Switzerland. He also led Arthur D. Little's Global Strategy & Organization Practice. Mr. Muhlhauser graduated from the European Business School European Business School is the name of several educational institutions. Most notably:
About AGCO Founded in 1990, AGCO Corporation (NYSE: AG) (www.agcocorp.com) is a global manufacturer of agricultural equipment and related replacement parts. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements, which are distributed through more than 3,200 independent dealers and distributors in more than 140 countries worldwide. AGCO products include the following well-known brands: AGCO([R]), Challenger([R]), Fendt([R]), Gleaner([R]), Hesston([R]), Massey Ferguson([R]), New Idea([R]), RoGator([R]), Spra-Coupe([R]), Sunflower([R]), Terra-Gator([R]), Valtra([R]), and White([TM])Planters. AGCO provides retail financing through AGCO Finance. The company is headquartered in Duluth, Georgia, and in 2006, 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 $5.4 billion. Images Available Upon Request |
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