Agco announces EUR 70M investment in Linnavuori plant in Finland

Agco announced a EUR 70M investment in its Linnavuori plant in Nokia, Finland to accelerate further clean energy innovations. The investment will allow the building of a clean energy laboratory to test fuel cells for alternative fuels and select electric drives that will reduce farmers’ fleet emissions. Improvements also include a training and visitor center, a production hall for machining cylinder heads and manufacturing components for automated Continuously Variable Transmissions, or CVTs, a paint shop and testing capabilities for remanufactured engines. The new buildings totaling 11,000 square meters and will be completed throughout 2024 and 2025.