Ag Equipment Manufacturers on Top 10 List of Machinery Builders
IndustryWeek has released its list of the 10 largest machinery manufacturers in the U.S. The list, which is based on 2016 revenues, includes farm equipment manufacturers in the No. 7 and No. 2 spots.
The Top 10 list is a breakout of IndustryWeek’s annual ranking of the top 500 publicly held U.S. manufacturing companies based on revenue. Thirty-six machinery manufacturers are among the 500 largest manufacturers by revenue. Two are among the top 40. Four are among the top 100.
Industries most represented in the top 500 are petroleum and coal products, computers and other electronics, and chemicals. Combined, those industries account for one of every three companies on the list. Take a look at who’s in the Top 10.
10. Terex Corp. Revenue: $4.443 billion Revenue Growth: -32.09 percent Products: Machinery for lifting/material processing
9. Dover Corp. Revenue: $6.794 billion . Revenue Growth: -2.33 percent . Products: Equipment and components for energy, engineered systems, fluids, and refrigeration and food sectors
8. National Oilwell Varco Inc. Revenue: $7.251 billion . Revenue Growth: -50.86 percent . Products: Oil drilling products and technology
7. AGCO Corp. Revenue: $7.411 billion . Revenue Growth: -0.76 percent . Products: Farm equipment
6. Veritiv Corp. Revenue: $8.327 billion . Revenue Growth: -4.49 percent . Products: Packaging, publishing products, facility solutions, supply chain solutions
5. Baker Hughes Inc. Revenue: $9.841 billion . Revenue Growth: -37.49 percent . Products: Oilfield services
4. Xerox Corp. Revenue: $10.771 billion . Revenue Growth: -40.31 percent . Products: Office and print solutions
3. Parker Hannifin Corp. Revenue: $11.361 billion . Revenue Growth: -10.63 percent . Products: Motion and control technologies
2. Deere & Co. Revenue: $26.644 billion . Revenue Growth: -7.69 percent . Products: Machinery for agriculture, construction, and forestry
1. Caterpillar Inc. Revenue: $38.537 billion . Revenue Growth: -18.03 percent . Products: Equipment for construction, energy, transportation and resource industries.