AGCO Corporation, DULUTH, Ga (Georgia) US / AGCO S.A.S. – MF, Beauvais Cedex (France): AGCO plans to build an industry 4.0 site that will help it meet growing demand for its agricultural equipment. AGCO confirms further expansion of its Beauvais site. Massey Ferguson Centre of Excellence for Engineering and Manufacturing. This announcement was been made public by Martin Richenhagen, Chairman, President and Chief Executive Officer of AGCO at the Choose France summit, led by French President Emmanuel Macron. “We are delighted to keep our promise, made exactly one year ago at the Beauvais 3 Logistic Centre opening event, to announce the acquisition of the 15.7ha of the next door ex-Froneri Site, effective from September 19, 2019 to consolidate our presence in Beauvais,” said Martin Richenhagen, Chairman, President and Chief Executive Officer of AGCO Corporation.
“With this new acquisition, we are now looking at investing an additional €40 million as we develop a cutting-edge industry 4.0 site. This will add 200 new sustainable jobs to the already 100-plus jobs created with Beauvais 3, back in September 2018. At the end of this new investment program, AGCO will have created 300 new jobs for its local Beauvais community as we intend Beauvais to become the Global Home of the Massey Ferguson Brand.”
The acquisition of the 15.7ha ex-Froneri site, which includes 4.5ha of buildings, signals AGCO’s strong appetite for continued investment, which will enable Massey Ferguson to meet growing demand for its straightforward and dependable equipment.
“Massey Ferguson has been a world dominating tractor brand for more than 60 years – for as long as we have been manufacturing in Beauvais, France,” said Richenhagen. “The national and local community and authorities in Beauvais, Agglo du Beauvaisis, Oise, Hauts-de-France and the Préfet Cabinet of Oise, representing locally the French government, have been a consistent source of support for AGCO and our status as the largest private employer in the Picardie region. This is no coincidence. They have created a business-friendly environment that makes it possible for large international companies such as AGCO to invest in France. This new, single unified site presents opportunities for AGCO and Massey Ferguson to implement growth plans, previously limited by a lack of space.”
“After refurbishment, the newly created and unified Massey Ferguson Centre of Excellence for Engineering and Manufacturing will cover a total area of 54ha and employ up to 2,500 people, including in its GIMA and AGCO Finance joint ventures. This project will create the conditions for the revitalization of the area’s economic activity by creating new jobs. More than €250 million has been invested in Beauvais in the past eight years. Our growth strategy is gaining momentum, and the proximity and availability of a skilled workforce makes this new investment program even more compelling,” concluded Richenhagen.
The single, unified Beauvais campus will encompass the full design, build, testing and manufacture of new models, and it is the company’s intention to ramp up the site’s production volumes to 18,000 tractors/year to meet market demand. … read more – agrartechnik-jobs.de, lmv-jobboerse.de – Manfred Lorenzen, Soest
quelle: AGCO Corporation (US) / AGCO S.A.S. – MF (F)