Farmer First. Future Focused.

AGCO and AGCO Power opened the company’s first clean energy laboratory in 2024. The lab is part of a 70-million-euro investment (approximately $77 million) in the Linnavuori plant in Nokia and will support development and testing of innovative, sustainable battery and powertrain solutions for farm machinery.

The Linnavuori team of scientists and engineers are developing next-generation engines powered by low- or zero-carbon electricity and alternative fuels, such as hydrogen and methanol, that will help minimize global agricultural emissions.

While the number of hybrid and electric vehicles on world roadways has grown exponentially in the 21st century, adoption of alternative power for off-road/farm machinery has lagged. The capacity of existing battery technologies restricts the size of fully electric farm machinery, but the AGCO Power lab is working to change that paradigm.

“We are investing heavily in the research and development of multiple lower carbon technologies, such as the electrification of off-road machines and hybrids,” said Kelvin Bennett, AGCO’s senior vice president of engineering. “It is exciting to know those investments will start showing tangible results this summer when the first fully electric tractor, the Fendt e100 V Vario, enters production in 2024.”

In addition to the off-road machine emissions, AGCO is aggressively pursuing reductions in emissions in our own operations. Specifically, we have set objectives to reduce our Scope 1 and Scope 2 emissions by 55% by 2033 and 90% by 2050.

Development of next-generation zero- and low-emission machines is a focus of our sustainability ambition as we seek to reduce our Scope 3 emissions. Key initiatives include decarbonizing its product portfolio, engaging suppliers to decrease our emissions, supporting farmers’ transition to sustainable solutions, and working with industry associations on renewable and low-carbon fuels in agricultural machinery.

In addition to the clean energy laboratory, the Linnavuori plant features new production facilities for both cylinder heads and continuously variable transmission components, expansions to the paint shop and testing facilities for remanufactured engines, and a training and visitor center. In total, the new buildings cover an expanse of 11,000 square meters (approximately 118,400 square feet), with some phases of the project already open and others set to be operational this year.

While AGCO is best known for its innovations in agriculture solutions, in 2024 we also made huge progress in its health, safety and wellbeing targets.

The AGSAFE strategy was launched, taking a three-pronged approach to embedding safety into all aspects of our business by:

-          Driving improvement through behavior and culture

-          Reducing high-frequency injuries

-          Reducing high-severity risks

These initiatives ranged from embedding behavioral and cultural experts at top injury-contributing sites, to launching a slips, trips and falls and winter weather preparedness toolkit – and so much more.

As a result of our intentional, organization-wide approach to health, safety and wellbeing, we were thrilled to achieve a Total Case Incident Rate (TCIR) of 0.89, exceeding our initial 2025 goal of achieving a TCIR of less than 1.5.

But we are not finished yet. To further raise the bar, we have set a new goal to achieve a TCIR of 1.0 or lower by 2025… and we are excited to let you know how it goes.