AGCO Acquires JCA Industries | Enterprise Wire

DULUTH, Ga.–(Small business WIRE)–AGCO, Your Agriculture Enterprise, (NYSE:AGCO), a around the globe maker and distributor of agricultural machinery and precision ag technological innovation, announced it has obtained JCA Industries, Inc. (“JCA”), d/b/a JCA Systems, a chief in the growth of autonomous program for agricultural machines, put into practice controls and electronic process parts.

JCA, dependent in Winnipeg, Manitoba, Canada, specializes in the style and design of electronic devices and software package development to automate and handle agricultural machines. JCA’s route planning, sensor fusion, and remote-command software package products and solutions are employed now by unique gear brands. In addition, JCA has been serving some of the world’s foremost agriculture equipment suppliers as a provider for electronic designs and software program for autonomous device enhancement.

“The obtain of JCA is a further significant addition to our precision agriculture abilities,” stated Eric Hansotia, AGCO’s Chairman, President and Main Govt Officer. “JCA is one particular of the most sophisticated developers of autonomous equipment technologies for off-highway OEMs, and this acquisition will accelerate AGCO’s shipping of machine automation and autonomous devices that strengthen farmer efficiency.”

Cautionary Statements Pertaining to Forward-Wanting Info

Statements which are not historical points, which includes anticipations concerning the closing of the acquisition and its added benefits, are forward-wanting and subject matter to hazards that could induce true results to vary materially from all those instructed by the statements. These pitfalls include, but are not restricted to, the failure to fulfill closing conditions, the possible absence of good results in producing the know-how, and the lack of client acceptance of the technological know-how. Undue reliance should really not be placed on these ahead-seeking statements, which are recent as of the date of this release, and AGCO and JCA Industries disclaim any obligation to update any ahead-seeking statements apart from as essential by regulation.

About AGCO:

AGCO (NYSE:AGCO) is a world leader in the layout, manufacture and distribution of agricultural equipment and precision ag technologies. AGCO provides consumer benefit via its differentiated brand name portfolio such as main makes like Challenger®, Fendt®, GSI®, Massey Ferguson®, Precision Planting® and Valtra®. Powered by Fuse® wise farming alternatives, AGCO’s comprehensive line of machines and services assistance farmers sustainably feed our entire world. Established in 1990 and headquartered in Duluth, Georgia, United states, AGCO had internet gross sales of $11.1 billion in 2021. For more facts, stop by www.AGCOcorp.com. For corporation information, info and gatherings, make sure you adhere to us on Twitter: @AGCOCorp. For monetary information on Twitter, please abide by the hashtag #AGCOIR.

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About JCA Industries:

JCA Systems is an emerging chief in autonomous and connected agricultural device control methods. JCA has been a successful husband or wife with tools suppliers in the mobile market for 20 many years, providing scalable highly developed technology options that aid get OEM innovations to the subject. JCA permits customized equipment improvements built on core platform technologies and complimented with engineering know-how and production capabilities that aid OEMs as a result of the entire tools lifestyle cycle from thought by output. JCA is headquartered in Winnipeg, Manitoba, Canada and serves shoppers all more than the earth. For extra data, stop by our internet site at www.jcatechnologies.com.