“AGCO has already invested $300 million into existing and new manufacturing sites in China. We are now operating a total of 2 manufacturing sites in Changzhou and Yanzhou respectively across the country and employ more than 1,000 people. Our whole-machine and spare parts equipment produced in Changzhou are for the domestic market, but are also exported to other Asian and international markets. We aim to offer comprehensive solutions for professional farmers feeding the world and to promote the agricultural mechanization progress of China and the whole world. Changzhou is a strategic location for our long-term development. The geographical advantage and the policy support and incentives to the industry, led to its advantages for establishing manufacturing facilities and the supply chain. The Changzhou site will not only serve the domestic market, but also become a major global hub of AGCO’s brand new product series - 'Global Series' 70 to 130 hp tractor range. It will provide more opportunities for AGCO to increase its production capacity and develop lean production efficiencies.”