The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a $50,000 donation to the Kentucky Agriculture Disaster Relief Program, a joint effort of the Kentucky Department of Agriculture, the Kentucky Farm Bureau Education Foundation, and the Kentucky Center for Agriculture and Rural Development (KCARD). The program seeks to bridge gaps in insurance coverage and other relief efforts for farming operations affected by the December 2021 storms in Western Kentucky.

Storms in late December 2021 caused significant damage to Western Kentucky communities and farms, including Mayfield, where AGCO dealership AgRevolution is located. The AAF and AGCO Corporation identified the Kentucky Agriculture Disaster Relief Program as an outreach effort that aligns with AAF’s farmer-focused community development initiative.

“AGCO and AAF are grateful for the opportunity to support Kentucky Farm Bureau’s relief program, which will provide vital assistance to farmers as they rebuild and recover in the months ahead,”

said Metti Richenhagen, director of the AGCO Agriculture Foundation.

The Kentucky Agriculture Disaster Relief program leverages a network of local farming retailers to provide access to eligible farmers of up to $1,500 of supplies, such as fencing, tools, hay, and livestock feed. It is designed to bridge gaps in insurance coverage for these vital items in a way that is efficient and trouble-free to farmers.

To further extend the donation from AAF, AGCO employees will also be able to participate in the program’s continuing fundraising efforts. 

“Following the tornado in Kentucky, many AGCO employees asked what they could do to offer their support to the individuals and communities in need. I’m pleased to offer them this opportunity to live our values and extend a helping hand to farmers and others who experienced this devastation,”

said Ivory Harris, AGCO SVP and chief human resources officer. 

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AGCO Corporation announced its intention to acquire certain assets of Boyd Company of Louisville, Kentucky. Upon completion of the agreement, AGCO will form AgRevolution, an agricultural equipment dealership to provide industry-leading products and support services to the farming community throughout Kentucky and southern Indiana. The new company is expected to begin operating as a wholly-owned subsidiary of the equipment manufacturer on January 1, 2021.

AgRevolution intends to operate Boyd’s current dealership locations in Columbia and Mayfield, Kentucky, and temporarily share space with Boyd’s construction equipment locations in Hopkinsville, Kentucky, and Evansville, Indiana. AgRevolution leadership is currently identifying additional permanent locations and building a customer-focused staff from current Boyd ag employees and seeking talented new team members.

Monty Boyd, president, and CEO, Boyd Company, said:

“The Boyd Company has been honored to serve our ag customers, and we’re very excited that AgRevolution will be providing them uninterrupted customer support throughout this transition. Our top priority during this decision was always ensuring that our customers are well taken care of, and AGCO and AgRevolution will do just that.”

AGCO supports a strong independent dealership network across North America. The launch of AgRevolution is a unique situation and the result of Boyd’s decision to focus on its core heavy construction equipment business and AGCO’s commitment to continue serving customers in the area. Though it will be a wholly-owned subsidiary of AGCO, AgRevolution will operate in a manner similar to that of AGCO’s independent dealerships.

Robert Crain, senior vice president, and general manager, AGCO North America, said:

“We’re tremendously excited about what AgRevolution will equip AGCO to do for our customers throughout that area and our greater network of dealerships. AGCO is building the most vibrant dealership network in North America. AgRevolution will be part of innovative sales and service initiatives and will help equip our larger dealership network with new capabilities that will make them more successful. This is a win-win-win for farmers in Kentucky and Indiana, for AGCO, and for our dealers across North America.”

AgRevolution will be led by Stacy Anthony, a successful veteran of the farm machinery industry. In his 30-year career, Anthony has served in leadership positions of dealerships across the United States. Anthony brings with him experience as a business development expert with responsibilities that include the integration and building of equipment dealerships.

Bill Hurley, vice president, Aftersales, Customer Support and Distribution, AGCO North America, comments:

“Stacy Anthony is ideally suited to lead our new AgRevolution business. His experiences and talents are exactly what are needed to establish close working relationships with customers, build strong teams and locations, and ensure that AgRevolution will be the area’s top-tier, farmer-focused equipment dealership.”

AGCO manufactures many of the well-known brands that are core components of Boyd’s current agricultural offering, including Challenger, Fendt, Gleaner, Massey Ferguson, Sunflower, and White Planters along with Precision Planting and RoGator and TerraGator application equipment. The establishment of AgRevolution will ensure continued availability of a comprehensive line of new and used agricultural equipment along with uninterrupted product support for customers in the region.

More details regarding AgRevolution’s leadership team and staff, locations, and offerings will be made available in the coming weeks.

Source: AGCO

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“We created this series as an expression of our support for this community. In addition to offering valuable information and insights in the context of this COVID challenge, we hope to deliver inspiration — we have an opportunity in this moment to, together, shape the future of the farm and food chain.”

said Dr. Mark Lyons, president and CEO of Alltech.

The series consists of presentations from Lyons and three-panel discussions with experts including David McWilliams, economist, and professor at Trinity College Dublin; Jessica Adelman, CEO of ESG Results and a former executive at Kroger; Jack Bobo, futurist and CEO of Futurity; and Ryan Quarles, Kentucky Commissioner of Agriculture.

To access the Forging the Future of the Farm & Food Chain series on-demand, visit alltech.com/futurefarm. That special COVID-19 discussion series includes:

Cultivating Optimism & Opportunity: Leadership in Times of Crisis

How can leaders bring certainty in a time of uncertainty? How can they help their teams think proactively in order to discover opportunity and drive innovation? 

From the Frontlines of Food Production

This panel discussion takes a first-hand look at the experiences of those working within the food/feed sector in the midst of COVID-19.

The Post-COVID Consumer: A Remaking of the Market?

This panel discussion features an investigation into the lasting impact COVID-19 could have on consumers and the global economy.

Keep Calm & Carry On: The Essential Business of Agriculture

Experts investigate how the current crisis is reshaping the agriculture sector. 

Planet of Plenty in a Post-COVID World

In the midst of this COVID crisis, the global agriculture community has carried on its essential work — rising with the sun no matter the circumstance.

This COVID-19 special series reflects the insightful, thought-provoking content that will be available as part of the Alltech ONE Virtual Experience beginning on May 18, 2020.

The virtual program will include live-streamed keynote presentations and on-demand video content from some of the world’s leading industry experts as they address the challenges and opportunities facing agriculture today.  

Source: ALLTECH

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