FACTORY openings are a major event in the life of any company. Add in a $300 million price tag and a significant change in the efficiency and design of the facility, and the late-September opening of the new Fendt tractor factory is news for the worldwide equipment manufacturing industry. Fendt, a division of Agco, makes precision-design, high-end tractors that are market leaders across Europe. While Agco continues to work on developing the U.S. market for these machines,. it's an established brand across the pond.
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