AGCO Invests in OPTIfarm to Improve Productivity and Animal Welfare
16 Juni 2022 - 2:00PM
Business Wire
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of
agricultural machinery and precision ag technology, has announced
an investment in OPTIfarm, an emerging leader in precision
livestock farming.
OPTIfarm uses proprietary software and an expert team to help
farmers create the best environment for their animals. The system
improves farm performance and helps meet key operational livestock
targets, such as weight gain, improved feed conversion ratio and
uniformity. The system also improves animal welfare by monitoring
natural behavior to recommend the best possible conditions for
livestock health, welfare and safety.
“Our investment in OPTIfarm aligns with our vision to deliver
industry-leading smart farming solutions that improve our
customers’ net farm income and address animal welfare,” said Eric
Hansotia, AGCO’s Chairman, President and Chief Executive Officer.
“We believe that advances in modern animal agriculture, like
OPTIfarm, can help producers care for their animals and reduce
environmental impact, while maximizing productivity.”
About AGCO
AGCO (NYSE:AGCO) is a global leader in the design, manufacture
and distribution of agricultural machinery and precision ag
technology. AGCO delivers customer value through its differentiated
brand portfolio including core brands like Challenger®, Fendt®,
GSI®, Massey Ferguson®, Precision Planting® and Valtra®. Powered by
Fuse® smart farming solutions, AGCO’s full line of equipment and
services help farmers sustainably feed our world. Founded in 1990
and headquartered in Duluth, Georgia, USA, AGCO had net sales of
approximately $11.1 billion in 2021. For more information, visit
www.AGCOcorp.com. For company news, information and events, please
follow us on Twitter: @AGCOCorp. For financial news on Twitter,
please follow the hashtag #AGCOIR.
Please visit our website at
www.agcocorp.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220615006071/en/
Press contact Jon Peterson Sr. Manager, Global Branding
and Communication, Grain and Protein Jon.Peterson@AGCOCorp.com
Investor Contact Greg Peterson Vice President, Investor
Relations Greg.Peterson@AGCOCorp.com
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