AGCO Names Raven Industries as Strategic Partner
19 Febbraio 2015 - 8:53PM
Raven Industries, Inc. (Nasdaq:RAVN) and AGCO, Your Agriculture
Company (NYSE:AGCO), a worldwide manufacturer and distributor of
agricultural equipment and infrastructure jointly announce an
enhanced supplier relationship. As part of the Fuse® Technologies
strategy, AGCO is partnering with best-in-class technology
providers like Raven to maximize returns for customers by
integrating the best solutions into AGCO machines. Fuse
Technologies is AGCO's next-generation approach to precision
agriculture and precision machine management deployed through
innovative technology and services.
The new agreement between AGCO and Raven builds upon their
long-standing relationship by focusing on new product development
and tighter integration of technology into machines to provide a
better, more connected experience for the grower and ag retailers.
The first example will be AGCO's RoGator® and TerraGator
application equipment offering the Raven Viper® 4 as standard
equipment later this fall. The new terminal features a customizable
interface controlling rate, section control, boom height and
guidance through a single terminal.
"Raven and AGCO have had a long-standing relationship and a
history of working together to bring innovative solutions to
customers throughout global markets," said Matt Burkhart, Vice
President and General Manager, Raven Applied Technology Division.
"AGCO's Fuse Technologies strategy is in line with our strategy of
integrating technologies to provide growers and operators access to
the best-in-class products that suit their unique operations."
"Through AGCO's Fuse Technologies partnering strategy, we are
helping farmers and ag retailers improve their efficiency and
machine utilization to meet the increasing demands for food, fiber,
and fuel for a growing world population," said Chris Rhodes,
Director of Global ATS Commercial and Partnering at AGCO.
"Integrating products like Raven's Viper 4 into AGCO's machinery
enables growers to leverage best-in-class technology to efficiently
and sustainably manage their fields and inputs improving overall
operations."
For more information about AGCO's precision farming offering,
visit www.AGCOtechnologies.com.
To learn more about Raven and its precision ag portfolio visit
www.ravenprecision.com.
About Raven Industries, Inc: Since 1956, Raven
Industries has designed and manufactured high quality, high-value
technical products. Raven is publicly traded on NASDAQ (RAVN)
and has earned an international reputation for innovation, product
quality, high performance, and unmatched service. Raven's
purpose is to solve great challenges in areas of safety, feeding
the world, energy independence, and resource preservation. To
realize this purpose, we utilize our strengths in engineering,
manufacturing, and technological innovation to serve the precision
agriculture, high performance specialty films, aerospace, and
situational awareness markets. Visit www.RavenInd.com for
more information.
About
AGCO: AGCO (NYSE:AGCO) is a
global leader in the design, manufacture and distribution of
agricultural equipment. AGCO supports more productive farming
through a full line of tractors, combines, hay tools, sprayers,
forage equipment, grain storage and protein production systems,
seeding and tillage implements and replacement parts. AGCO
products are sold through five core machinery brands, Challenger®,
Fendt®, GSI®, Massey Ferguson® and Valtra® and are distributed
globally through approximately 3,070 independent dealers and
distributors in more than 140 countries worldwide. AGCO is
headquartered in Duluth, Georgia, USA. In 2014, AGCO had net
sales of $9.7 billion. For more information, visit
http://www.AGCOcorp.com.
Forward-Looking Statements: This news release
contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, including
statements regarding the expectations, beliefs, intentions or
strategies regarding the future. Without limiting the
foregoing, the words "anticipates," "believes," "expects,"
"intends," "may," "plans," and similar expressions are intended to
identify forward-looking statements. The company intends that
all forward-looking statements be subject to the safe harbor
provisions of the Private Securities Litigation Reform
Act. Although management believes that the expectations
reflected in forward-looking statements are based on reasonable
assumptions, there is no assurance these assumptions are correct or
that these expectations will be achieved. Assumptions involve
important risks and uncertainties that could significantly affect
results in the future. These risks and uncertainties include,
but are not limited to, those relating to the inability to achieve
objectives established for research and development activities, or
changes in competition, raw material availability, technology or
relationships with the company's largest customers—any of which
could adversely affect any of the company's product lines—as well
as other risks described in Raven's 10-K under Item 1A.This list is
not exhaustive, and the company does not have an obligation to
revise any forward-looking statements to reflect events or
circumstances after the date these statements are made.
CONTACT: Ryan Molitor
Marketing Manager
Raven Industries
Ryan.Molitor@ravenind.com
605.335.0179
Grafico Azioni AGCO (NYSE:AGCO)
Storico
Da Lug 2024 a Ago 2024
Grafico Azioni AGCO (NYSE:AGCO)
Storico
Da Ago 2023 a Ago 2024