AGCO TO INVEST $42M IN EXPANSION OF MINNESOTA FACILITY

JACKSON, MINN. — AGCO, an agriculture company, has begun further expansion of its Jackson manufacturing center and plans to invest $42 million into the building during the next three years. AGCO will invest in infrastructure, increasing production capacity and efficiency in order to help meet growing demand for the tractors and application equipment built there. The three-year endeavor is made up of seven phases affecting all areas of the campus, including component manufacturing, the tractor assembly line and the application equipment assembly line. Once completed, the expansion will create 75 additional permanent jobs at the facility, bringing the total number of employees to more than 1,200. The project will increase production capacity by 25 percent for both the tractor and sprayer assembly lines, according to AGCO. The first phase, scheduled for completion in the fall, includes a 30,000-square-foot expansion of the component manufacturing area.