HESSTON, Kan. — This week, AGCO announced layoffs at its Hesston, Kansas plant. The statement provided to the media is below.
"Following three years of strong demand, AGCO, like the rest of the agriculture industry, is experiencing a decrease in customer demand in 2024. The company is taking steps to reduce costs, create efficiencies and remain competitive while also ensuring our farmers receive the products, parts and support they need. These actions include an indefinite layoff recently announced at AGCO’s Hesston manufacturing facility. Aligning our workforce and production schedules to meet current demand can be difficult for our team, and we will continue to take steps to minimize employee impact while meeting farmer needs. AGCO is proud to be part of the Hesston community, where our employees build the world-class equipment that help farmers feed the world. The actions impact less than 70 people.”