CROPS
Corn
Soybeans
Wheat
Canola
Field Guide
Pulse
Cotton
Hay & Forage
Horticulture
Yield Data Centre
LIVESTOCK
Swine
Beef
Dairy
Poultry
Equine
EQUIPMENT
Used Farm Equipment
Farm Equipment Dealers
Machinery News
Technology
Cool Tools
OTHER RESOURCES
Ag Industry News
Agriculture Apps
Agriculture Associations and Organizations
Business & Finance
COVID-19 Resources
Farm Auctions
Farm Energy
Farm Real Estate
Farm Safety
Farm Supplies
Farm Videos
Government & Policy
Mental Health
Precision Ag Conferences
Reflections on Farm & Food History
Rural Lifestyle
Weather
Farms.com Group Businesses
Media & Publishing
Advancing Women in Agriculture ConferenceAg Buyer's GuideAgConnectionAg & CountryAgriville.comAgSearch.com
Alberta Seed GuideBetter FarmingBetter PorkFarms.com Risk ManagementFarms.com Precision Agriculture Digital Digest
Seed ManitobaSeed WorldService Truck MagazineSmall Farm CanadaSpud Smart
Software & Services
Farms.com Professional ServicesPigCHAMP
Talent Solutions
AgCareers.comCareersInFoodCareersInGroceryDe Lacy ExecutiveFoodGradsGrasslands Recruitment Specialists
Farms.com Home  › Farm Equipment News

AGCO and Trimble Close Joint Venture, Form PTx Trimble

DULUTH, Ga. and WESTMINSTER, Colo.,  /PRNewswire/ -- AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble's precision agriculture business and AGCO's JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the mixed-fleet precision agriculture market.

AGCO has acquired an 85% stake in PTx Trimble, and Trimble will hold a 15% stake. Going forward, the PTx Trimble JV will be consolidated into AGCO's financial statements.

Click here to see more...

Trending Video

Fertilizing Pastures - Manitoulin Part 6

Video: Fertilizing Pastures - Manitoulin Part 6

Presented by Birgit Martin of Pure Island Beef, Anita O'Brien, Grazing Mentor, and Christine O'Reilly, Forage & Grazing Specialist with the Ontario Ministry of Agriculture, Food and Rural Affairs.

Watch each video from this event to learn about grazing tips, water systems, setting up fencing, working with net fencing, electric fencing tips, grass growth and managing grazing.

 
States act against foreign land ownership amid security concerns
Ensure you are ready to grow market-ready crops

Business News by Better Farming

General News by Better Farming

Forums by Agriville.com

A real lobby effort results ›
Winter wheat harvest Highwood Montana ›
U.S. Midwest Corn Pollination is Widespread in 13+ U.S. States! ›
Rain lottery ›
Friday crop.report on a Thursday middle of July on ›
Current N pricing ›

Machinery News by Better Farming

AGCO Brands Debut New Technology and Solutions at World Ag Expo
AGCO Brands Debut New Technology and Solutions at... ›

Crop News by Better Farming

Reducing On-Farm Pesticide Drift
Reducing On-Farm Pesticide Drift ›

Livestock News by Better Farming

40 U.S. Ag Groups Unite to Launch Coalition Urging Renewal of USMCA
40 U.S. Ag Groups Unite to Launch Coaliti... ›

Sponsored Links: 

Highest Yielding Soybeans,  PigCHAMP Grow-Finish,  Precision Agriculture,  Swine Reproduction Software
Subscribe to our Newsletters Download Farms.com Apps Advertise with us
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.