AGCO Forges Joint Engineering Agreement with Comer Industries

Nov 27, 2019

AGCO (NYSE: AGCO) a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announced a joint engineering agreement with Comer Industries (Borsa Italiana SPA: COM) a global player in the design and production of advanced engineering systems and mechatronic solutions for power transmissions. Over the coming years, the companies will jointly investigate innovative solutions for future generations of front axles.

"AGCO is committed to keep leading the way in innovative yet cost-competitive and reliable technical solutions,” commented Josip T. Tomasevic, AGCO Senior Vice President and Chief Procurement Officer. "Comer Industries is among our first suppliers to achieve the prestigious AGCO Partner Level status. Comer Industries represents the natural choice when it comes to co-design and early supplier integration into new projects.”

"Fendt, Massey Ferguson and Valtra are recognized technology leaders in the agricultural market. We are thus honored to be AGCO’s partner in a complex domain such as axles and power transmissions,” remarked Matteo Storchi, President and CEO of Comer Industries. “The whole development team at Comer Industries is excited for this exceptional collaboration opportunity and fully committed to provide superior, competitive products and services to AGCO.”

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Video: EP 65 Grazing Through Drought

Welcome to the conclusion of the Getting Through Drought series, where we look at the best management practices cow-calf producers in Alberta can use to build up their resiliency against drought.

Our hope is that the series can help with the mental health issues the agriculture sector is grappling with right now. Farming and ranching are stressful businesses, but that’s brought to a whole new level when drought hits. By equipping cow-calf producers with information and words of advice from colleagues and peers in the sector on the best ways to get through a drought, things might not be as stressful in the next drought. Things might not look so bleak either.

In this final episode of the series, we are talking to Ralph Thrall of McIntyre Ranch who shares with us his experience managing grass and cows in a pretty dry part of the province.