www.agcocorp.com
NEWS RELEASE
CONTACT: Tony Solon Manager, Marketing Communications, NA Parts 630-406-3202 [email protected]
For Immediate Release
AGCO Transitions Regina Facility under Parts for the Prairies Initiative
Underscores commitment to agriculture in Western Canada
REGINA, Saskatchewan (April 8, 2010) – AGCO, Your Agriculture Company
[NYSE:AGCO], a worldwide manufacturer and distributor of agricultural equipment, announces
AGCO Parts is demonstrating the company’s commitment to customers in Western Canada by
transitioning its current Regina, Sask. facility into a full-service parts distribution center (PDC).
As a part of the company’s Parts for the Prairies initiative, the Regina location will now have
over $8 million in parts inventory on hand, a 100 percent increase over previous levels. This
transition is a direct response to requests from AGCO’s network of dealers in Western Canada
to provide highly responsive parts and service support to their grower-customers, and AGCO
has answered the call.
Lyndon Lashinski, Regina PDC manager, says “The border created a natural lag when
parts were sent from the PDC in Batavia, Ill. That and the lack of inventory on hand in Regina
has been an issue for dealers in the past. We have many dealers with significant sales volume in
Western Canada and they needed the parts on the ground here in Canada to service customers
better.” Regina has increased stock numbers by over 67 percent and its inventory value by 100
percent. Dealers and customers in Western Canada remain an important destination in AGCO’s
parts pipeline and this expansion highlights that fact.
“Western Canada continues to be an important market for AGCO. Our roots run deep in
this region, and our objective is to provide industry‐leading parts and service support to our
dealers and grower customers here. The transition of our Regina facility under the Parts for the
Prairies initiative demonstrates how serious we are about achieving this goal,” said Darrell
Vander Bloomen, director, AGCO Parts Supply Chain.
The transition of the Regina location will ultimately result in faster service to growers
during the busy spring and fall seasons, which dealers have been looking for. “Whole goods and
retail sales of equipment will not and cannot be successful if you can’t support it with quality
parts and service. Having the Regina location as a full stocking PDC will allow us to provide
improved service and faster turnaround for our customers,” says dealer Gerald Swystun of Full
Line Ag in Saskatoon, Sask. Parts turnaround will be cut in half, greatly impacting in‐season
responsiveness. Now, parts will be on 2nd day delivery from Regina by truck, instead of 4‐5 day
delivery from Batavia, Ill. As growers continue to increase the size of their operations, the need
to minimize downtime becomes increasingly important and the expansion of the Regina facility
addresses the trend.
The AGCO Regina PDC is located at 515 Dewdney Avenue, Regina, Saskatchewan S4N
6S1. For more information about AGCO, its products and services visit www.AGCOcorp.com.
Please click here to download photos of the Regina facility or for additional background
information.
ABOUT AGCO
AGCO, Your Agriculture Company, (NYSE: AGCO) was founded in 1990 and offers a full product
line of tractors, combines, hay tools, sprayers, forage, tillage equipment, implements, and
related replacement parts. AGCO agricultural products are sold under the core brands of
Challenger®, Fendt®, Massey Ferguson® and Valtra®, and are distributed globally through more
than 2,700 independent dealers and distributors, in more than 140 countries worldwide. Retail
financing is available through AGCO Finance. AGCO is headquartered in Duluth, Georgia, USA. In
2009, AGCO had net sales of $6.6 billion. Please visit our website at www.AGCOcorp.com.
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