AGCO Corporation Expands Finnish Plant with €54 Million Investment, Boosting Engine Production and Remanufacturing Capacity
Reuters
Sep 25
AGCO Corporation Expands Finnish Plant with €54 Million Investment, Boosting Engine Production and Remanufacturing Capacity
AGCO Corporation has announced a €54 million investment in its AGCO Power division's plant in Linnavuori, Finland, expanding production capacity and reinforcing its commitment to sustainable manufacturing. The new facilities feature a state-of-the-art machining hall for manufacturing Continuously Variable Transmission $(CVT)$ components and cylinder heads for AGCO Power's latest CORE engine. Additionally, the plant's expanded remanufacturing area will boost annual capacity to 2,500 engines, supporting the circular economy by allowing up to 80% of engine mass to be reused. The investment also enhances Linnavuori's role as AGCO's global center of expertise for engines, serving leading tractor brands such as Fendt, Massey Ferguson, and Valtra. The expansion includes a clean energy laboratory dedicated to researching and testing future low-carbon engine technologies.
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