佐治亚州德卢斯(Duluth) - (美国商业资讯) - 2004年7月2日 - 农业设备的全球设计师,制造商和分销商Agco Corporation(NYSE:AG)今天宣布,一项计划,一项计划,一项计划,以重组其欧洲联合收割机业务,位于兰德斯,丹麦。重组计划将通过简化模型范围并消除设施的组件制造运营来降低Randers制造运营的成本和复杂性。AGCO将将大部分零件和组件的制造外包给供应商,并保留Randers设施的关键关键集会业务。通过仅保留设施大会的行动,AGCO计划将Randers劳动力减少约300名员工,并永久消除70%的平方英尺使用。AGCO的计划还包括合理化的合并模型范围,将在Randers中组装,保留高规格的生产,高价值组合。

Martin Richenhagen, who has been elected as AGCO's President and Chief Executive Officer, commented, "the Randers combine manufacturing facility has operated well below capacity level in recent years, which has negatively impacted the profitability of our European combine product line. The planned restructuring of the Randers facility will allow AGCO to reduce cost by eliminating underutilized production capacity."

“爱科致力于提供其经销商和distributors in Europe with a full line of equipment which includes a competitive line of combine harvesters," continued Mr. Richenhagen. "We believe that this action and future product plans will allow AGCO to improve its position in the European combine market. We deeply regret the job losses which will result from this restructuring plan and appreciate the contribution of the Randers employees."

As a result of the restructuring plan, AGCO estimates that it will generate annual cost savings of approximately $7 million to $8 million. Cash restructuring costs of the restructuring plan are estimated to be approximately $6 to $8 million to be incurred primarily in 2004. In addition, AGCO expects to record in the second quarter of 2004 a non-cash write-down of inventory of $3.5 million and a non-cash write-down of property, plant and equipment of approximately $7.5 million.

安全港声明

AGCO重组其Randers制造业务的计划,包括预期的成本和成本以及对此的下注,这是前瞻性声明。由于多种原因,实际结果可能与这些前瞻性陈述中所述或建议的结果有所不同,包括估计重组的成本节省和成本以及重组的降低的困难,客户和其他人对此的不确定性重组以及零件和组件外包制造的供应商的可能性不会按预期执行。

Agco Corporation总部位于佐治亚州德卢斯(Duluth),是农业设备和相关替代零件的全球设计师,制造商和分销商。AGCO产品分布在140多个国家 /地区。AGCO提供了完整的产品线,包括拖拉机,联合收割机,干草工具,喷雾器,觅食,耕作设备以及通过世界各地的9200多家独立的经销商和分销商。AGCO产品分布在品牌名称AGCO(R),Agco Allis(R),Agcostar(R),Challenger(R),Farmhand(R),Fendt(R),Fieldst亚博在线手机端ar(R),Gleaner(R),Glencoe,Glencoe,Glencoe(R),Hesston(R),Lor*Al(R),Massey Ferguson(R),New Idea(R),Rogator(R),Sisudiesel(TM),Sirteq(TM),Spra-coupe(R),,向日葵(R),Terragator(R),Tye(R),Valtra(R),White(TM)和Willmar(R)。AGCO通过北美的AGCO融资以及英国,法国,德国,爱尔兰和巴西的Agricredit提供零售融资。2003年,AGCO的净销售额为35亿美元。

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联系人:Agco Corporation,Duluth Corporate Resption Molly Dye,770/813-6044或Andy Beck,770/813-6083资料来源:AGCO Corporation