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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Agco comienza un proceso de consultas con sus empleados daneses con base en Randers

AGCO begins a process of consultation with its Danish employees based in Randers

25/11/2009

November 25, 2009

AGCO has initiated a consultative process with employees of the factory of Randers based on the proposal for the closure of the same and therefore the production of combine harvesters in Denmark in 2010. The proposals include the continuation of the production until the middle of next year when supposed production would be transferred to the factory property of the 'joint venture' of Agco in Breganze, Italy.

Gary Collar, Vice President and CEO of Agco for regions Europe, Africa, Middle East, Australia and new it said: "I regret having to make this announcement." We are proud of the work, quality and professional attitude of our staff of Randers and everything they have achieved over the years. In the long term, which has two factories separated from harvesters in Western Europe is not practical. "While we move forward with our plans for development of products and strategies for the growth of our business of harvesting machinery it is important that we benefit from economies of scale, efficiencies and increase the competitiveness that this consolidation will bring."

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Agco Iberia, S.A.

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