A global ag manufacturer has announced a furlough as part of an expansion plan.
On Oct. 20, AGCO leadership informed employees at its Hesston, Kansas, facility about a series of temporary furloughs that will impact approximately 900 of its production employees during the coming weeks and months.
“These furloughs are a result of continued investment in the facility to upgrade critical systems that will ensure the long-term productivity of the site; they are not demand-related,” according to a company news release. “Impacted employees received information on supplemental pay and retention bonuses. AGCO greatly values its Hesston employees and expects resumption of production in Q1 2024.”
Hesston’s roots date back to 1947 when Hesston Machine and Manufacturing was founded by Lyle Yost and Adin Holdemann. Its early roots started with addressing inefficiencies while unloading grain from combine grain tanks. In 1955, the company entered the hay industry with the first commercially available self-propelled windrower.
In 2022, when AGCO recognized Hesston’s 75th anniversary, it was the company’s No. 1 location for manufacturing implements and combine harvesters.
AGCO, based in Duluth, Georgia, had net sales of approximately $12.7 billion in 2022. For more information, visit www.AGCOcorp.com.
Dave Bergmeier can be reached at 620-227-1822 or [email protected].
