AGCO Awards Thirteen Top-Performing Suppliers at 2020 North America Virtual Supplier Event

AGCO (NYSE: AGCO), recognized three new partner-level suppliers and presented ten supplier awards during its first annual 2020 AGCO North America Virtual Supplier Event. AGCO’s partner-level suppliers have surpassed the top level of achievement in innovation, world-class service, global growth, and cost savings, and have helped the company maintain the highest levels of capacity and innovation during challenging economic conditions.

“AGCO’s global suppliers are critical elements of our mission to deliver dependable and technologically advanced products, parts, and solutions to dealers and growers across North America,”

said Robert Crain, senior vice president and general manager, North America.

“This event gives us an opportunity to recognize their outstanding service, discuss key industry trends, share exciting news about upcoming products, and position our network for growth in the coming year.”

As part of the day’s virtual sessions, senior AGCO executives briefed attendees on topics such as the COVID-19 response and recovery, global market outlook, 2020 key initiatives, and benefits for high-performing suppliers. Innovative technology provided for live and interactive breakout sessions that were filled with insightful information and opportunities for direct Q&A.

“AGCO and our suppliers have built a world-class supply chain that has proven to be robust and responsive in very challenging environments,”

said Michael Clem, vice president, purchasing and logistics, Americas.

“These awards celebrate suppliers who have provided exceptional services in areas such as corporate sustainability, innovative solutions, quality products, and effective collaboration. AGCO, our dealers, and the world’s growers are well-served by these relationships and the outstanding capabilities they deliver.”

New Partner-Level Suppliers (in alphabetical order)

Atlantic Container Line (ACL) of Westfield, NJ was represented by Andy Abbott, President.  Founded in 1965, ACL, with its parent company Grimaldi Group, offers extensive coverage in the Mediterranean, Scandinavia/Baltics, and West Africa. ACL has been a trusted AGCO logistics supplier and transport provider for over 10 years, with a distinguished reputation for reliability & customer service.

Flint Group of Fargo, ND and offices in Duluth, MN was represented by Andy Reierson, CEO; Jodi Duncan, president; and Kaia Watkins, director. Founded in 1946, Flint Group helps organizations in diverse industries grow by focusing on strategic marketing communications success. Flint has supplied AGCO with strong performance in cost, quality, account management, and strategic compliance services.

Ports America Chesapeake, LLC (PAC) of Baltimore, MD, was represented by Bayard Hogans, Vice President. Founded in 2009, PAC operates the Seagirt Marine Terminal in Baltimore with 13 berths, direct rail access and the port’s largest and most versatile general cargo facility. PAC has been an outstanding trusted quality logistics service provider, handling the discharging/loading of cargo on ACL vessels and exceeding AGCO’s quality and service standards.

AGCO 2020 Supplier of the Year winners (by award)

Direct Materials Supplier of the Year: Alliance Tire Group, a group company of The Yokohama Rubber Co., Ltd.  Founded in 1950, Alliance Tire Company Ltd. is based in Mumbai, India and is a global leader in the manufacture and sales of agricultural, forestry, construction, and OTR tires. Alliance Tire Group is a strategic and innovative supplier for AGCO, providing aggressive, competitive pricing and key support with balers and the Below 100HP CUE Tractors product group.

Indirect Supplier of the Year: Ricoh USA, Inc. of Exton, PA. Founded in 1936, Ricoh USA is the North and South American arm of Tokyo-based Ricoh Company, Ltd. Named the 2020 ENERGY STAR® Partner of the Year, Ricoh is a strategic technology equipment supplier for AGCO, providing price transparency, aggressive price points, best-in-class service, single-point-of-contact, escalation processes, innovation sharing, and new product collaboration.

Logistics Supplier of the Year: C.H. Robinson of Eden Prairie, MN. Incorporated in 1905, C.H. Robinson Company is a Fortune 500 provider of multimodal transportation services and third-party logistics. As a strategic collaborative logistics service provider for AGCO, C.H. Robinson offers year-over-year cost reductions and capacity commitments, as well as flexible, dedicated, and focused customer/account service.

Aftersales Supplier of the Year: Diemo Machine Works, Inc. of Arborg, Manitoba, Canada. Founded in 1982, Diemo is a metal fabrication and machining company that provides AGCO with responsive and reliable service, combined production and aftersales strategies, and exceptional on-time deliveries. Diemo is both a Production- and Aftersales-approved manufacturer that supplies AGCO’s Jackson, Hesston, Breganze (IDEAL Combine) and Aftersales PDCs.

Third Party Supplier of the Year: TAESUNG Mfg. Co., Ltd of Seoul, South Korea. Established in 1985, Taesung began serving AGCO in 2019, with the introduction of Massey Ferguson’s compact series loader and backhoe in North America. Taesung’s engineering collaboration with AGCO provides an adaptive and innovative product design and a competitive, durable, and robust compact tractor platform.

Quality & Delivery Performance Award

Three top AGCO suppliers were recognized for their focus on outstanding performance in the quality and delivery category. These companies closely collaborate with AGCO’s engineering, logistics, and purchasing teams to provide the most value and the highest quality solutions for AGCO’s customers.

Steel and Pipe Supply Company, Inc. of Manhattan, KS. Founded in 1933, Steel Pipe & Supply maintains a large inventory of carbon steel products in multiple warehouses, provides value-added processing services, and sustains a strong distribution network.

BARKU Plastics LLC of Cleveland, TN. Established in 2003 as a subsidiary of Barku Kunststofftechnik GmbH, BARKU offers worldwide plastic solutions and a solid reputation of valuable and effective industry know-how.

PEER Bearing Company of Waukegan, IL. PEER was acquired by SKF in 2008 and is operated as a wholly owned, independent brand within SKF. PEER is an award-winning supplier dedicated to reliable and cost-effective bearing solutions.

Collaboration & Innovation Award

Two top AGCO suppliers were recognized for remarkable performance in the areas of collaboration and innovation. These companies strategically aligned with AGCO’s design, engineering and purchasing teams to successfully implement design changes and bench testing, which resulted in technological advancements and cost savings.

AY DÖKÜM Makina Sanayii ve Ticaret A.Ş of Ankara, Turkey. Founded in 1947, AY DÖKÜM provides gray and ductile iron machined castings to agricultural and construction machine manufacturers around the world. AY DÖKÜM’s openness to innovation through quick decision making and a flexible production mechanism is key to maintaining their competitive advantage and profitability.

Newstar of Yantai, Shandong, China. Since 1999, Newstar has promoted innovation and responsiveness with a devotion to research, development and production of hydraulic cylinders, hydraulic systems, and ECO plating equipment.