Construction Begins on the Largest Capital Investment in AGCO Parts,
North America History
REGINA, Saskatchewan--(BUSINESS WIRE)--Aug. 25, 2017--
AGCO Parts, a division of AGCO Corporation (NYSE:AGCO), a worldwide
manufacturer and distributor of agricultural equipment, announced and
broke ground on the expansion to its parts distribution center in
Regina, Saskatchewan. This will be the largest AGCO Parts investment in
North America. Once completed, the additional storage will allow for
faster parts delivery to AGCO customers in Western Canada.
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AGCO Parts Regina PDC-Expansion Groundbreaking Ceremony AGCO leadership and dealers from throughout western Canada celebrated the expansion of the AGCO Parts Regina Distribution Center (PDC) with a groundbreaking ceremony. The expansion adds more storage and inventory to help get the right parts to the right place at the right time. Participating in the groundbreaking ceremony are Greg Wells, Operations Manager, AGCO Parts North America; Lee Fuchs, Sales/Operations Manager, Nick's Service, Emerald Park, SK; Gerald Swystun, Dealer Principal, Full Line Ag, Swift Current, AB; Jeffrey Fluney, Parts Manager, Dennills Agricenter, Dewberry, AB; Sean Ferguson, Parts Manager, Full Line Ag, Swift Current, AB; Warren Orth, Parts Manager, Agriterra Equipment, Lacombe, AB; Rod Anderson, Dealer Principal/Parts Manager, Wynyard Equipment, Wynyard, SK; Darren Parker, Director of Sales and Marketing, AGCO Parts, North America; and Chris Maas, Parts Manager, Agriterra Equipment, Weyburn, SK. (Photo: Business Wire)
“This expansion is central to our commitment to better serve Western
Canadian customers,” says Joe DiPietro, vice president and general
manager of AGCO Parts – Americas. With this expansion, AGCO improves its
service level to Western Canada and reduces transit times on large and
heavy parts. “With more parts housed in Regina, we are able to get the
right parts in the hands of the customer faster than ever before,”
The new addition will:
Provide 50 percent more storage. The additional storage space
allows greater breadth and depth of parts inventory.
Increase inventory by 30 percent. We’re bringing more parts
closer to the customer, which further improves delivery time.
Improve facing fill (the amount of parts within an order being
shipped from Regina’s facility) to over 90 percent - the highest
of any regional AGCO Parts distribution center in North America.
“We understand that uptime is critical and that customers need to get
parts as soon as possible,” says DiPietro.
AGCO Parts held a groundbreaking ceremony on August 24, 2017. The work
will be completed by early 2018.
For more information about AGCO or to find a local dealer, visit www.agcocorp.com.
AGCO (NYSE:AGCO) is a global leader in the design, manufacture and
distribution of agricultural solutions and supports more productive
farming through its full line of equipment and related services. AGCO
products are sold through five core brands, Challenger®, Fendt®, GSI®,
Massey Ferguson® and Valtra®, supported by Fuse® precision technologies
and farm optimization services, and are distributed globally through a
combination of over 3,000 independent dealers and distributors in more
than 150 countries. Founded in 1990, AGCO is headquartered in Duluth,
GA, USA. In 2016, AGCO had net sales of $7.4 billion. For more
information, visit http://www.AGCOcorp.com.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170825005194/en/
Source: AGCO Corporation
Tiffany DeZwaan, +1 630-406-3462