AGCO is one of the world's largest manufacturers of agricultural equipment. The company produces several brands of high-horsepower tractors, including Challenger, Fendt, Massey Ferguson and Valtra. "AGCO has a long-standing reputation as a global leader in innovative thinking and practical, leading-edge agricultural technologies," says Martin Richenhagen, chairman, president and CEO of the $7 billion company, which is based in Duluth, GA. "Our multibrand strategy makes us well positioned to lead the way in engineering food security in all parts of the world." AGCO subscribes to a "design anywhere, build anywhere" production philosophy. High-tech component manufacturing is centralized globally for economies of scale, while assembly is more regional to respond better to the local market. A wide variety of tractors are assembled at AGCO's state-of-the-art factory in Jackson, MN.