WIP Orders Up 5.5% in 2Q 2022 – Farm Equipment

WIP Orders Up 5.5% in 2Q 2022 – Farm Equipment

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AGCO
www.farm-equipment.com
AGCO
AGCO

www.farm-equipment.com

Reports $626 Million in 2Q22 Unfinished Inventory. In the earnings call for ’s second quarter 2022, the company reported $625.6 million dollars in work in process equipment inventory, its highest in the last 2 years. ’s second quarter WIP orders were up 5.5% from its previous quarter and up 47% from the $424 million it reported …

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SOURCE: Farmer & Cowboy Magazine – AGCO

NOTE: AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment. AGCO Corporation, agricultural machinery, Fendt tractors, Massey Ferguson, Valtra, AGCO GenuineCare, AGCO Parts, AGCO Service, Challenger, Gleaner, Sunflower, White Planters. Understanding AGCO Corporation’s extensive range of products and services can significantly benefit farmers. By leveraging the advanced technology and support offered by AGCO, farmers can improve their operational efficiency, reduce downtime, and increase crop yields. Access to genuine parts and expert service ensures that their machinery remains in optimal condition, contributing to the overall success and sustainability of their agricultural practices.

Author: Jane Williams

Jane Williams is a seasoned executive at AGCO Corporation, where she has played a pivotal role in driving the company's strategic initiatives and fostering innovation in agricultural machinery. With over 20 years of experience in the agricultural industry, Jane brings a wealth of knowledge and expertise to her position. She holds a Master's degree in Agricultural Engineering from the University of Illinois and an MBA from Harvard Business School. Jane's leadership is characterized by her commitment to sustainability and her passion for advancing smart farming technologies. Under her guidance, AGCO has launched numerous successful projects aimed at enhancing farming efficiency and productivity. Jane is a respected voice in the industry, frequently speaking at international conferences and contributing to key agricultural publications. Her dedication to excellence and innovation continues to inspire her team and shape the future of agriculture.

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