AGCO Expanding Fendt Research Facility In Germany

AGCO announced that its board of directors approved an expansion of capacity for the Research and Development Center at the Marktoberdorf, Germany location.

This involves erecting a new multi-story building on the grounds of the Research and Development Centre. An investment of approximately 2.6 million euros will create some 120 new jobs for engineers and electronic technicians, which will be filled through new hiring over the next two years. Then a total of around 400 employees will be working on new developments and advancements in tractors and forage harvesters at the Research and Development Center.

Peter Paffen, Vice President and Spokesman for the AGCO/Fendt Management said the expansion of the development center at the AGCO Marktoberdorf location allows them to take important future projects forward faster and better. ◆