AGCO Corp., one of the world's biggest agriculture-machinery makers, lifted its annual sales outlook Thursday as efforts to reduce production have helped offset pressure from a persistent farm slump. AGCO Chairman, President and CEO Eric Hansotia has more on the story.
Eric P. Hansotia is Chairman, President, CEO & COO at AGCO Corp.
In his past career he held the position of Senior Vice President-Global Harvesting at Deere & Co. and General Manager at John Deere Harvester Works Co. (a subsidiary of Deere & Co.).
Eric P. Hansotia received an MBA from the University of Iowa and a graduate degree and an undergraduate degree from the University of Wisconsin.
AGCO Corporation is a designer, manufacturer and distributor of agricultural machinery and precision agriculture technology. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, replacement parts. It provides telemetry-based fleet management tools, including remote monitoring and diagnostics, which help farmers improve uptime, machine and yield optimization, mixed fleet optimization and decision support. Its Precision Planting, Headsight and Intelligent Ag Solutions brands provide retrofit solutions to upgrade farmers existing equipment to improve their planting, liquid application and harvest operations. Its Precision Planting, Headsight, JCA and Intelligent Ag Solutions brands also sell precision agriculture solutions around the crop cycle to third party original equipment manufacturers (OEMs). Its brand also includes Fendt, Massey Ferguson, PTx and Valtra.
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