21.06.2011 16:11:00

AGCO Awarded Employment Law Team of the Year

AGCO, Your Agriculture Company (http://www.AGCOcorp.com) (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, is pleased to receive the Employment Law Team of the Year Award at fifth annual Global Counsel Awards last Thursday hosted by the International Law Office (ILO) and the Association of Corporate Counsel (ACC) in New York. The gala event celebrated the achievements of in-house counsel recognized by their peers as excelling in their chosen fields. AGCO was recognized for its focus on implementing new talent recruitment, management, development and succession planning tools, and for achieving common goals with employees through workforce development initiatives.

"We are pleased to have been chosen for this prestigious award. We have worked hard to become the 'employer of choice' over the last year and we are proud to have been recognized at the international level," said Martin Richenhagen, AGCO Chairman of the Board, President and CEO.

To identify the winners (http://www.internationallawoffice.com/Awards/GCA/2011/Winners.aspx), the ILO team conducted in-depth analysis of in-house lawyers and legal departments worldwide, receiving over 3,300 individual nominations. Respondents were asked to focus on criteria such as effective communication, legal understanding, commercial awareness, depth and strength of team, and management skills. Awards were presented to both individuals and legal teams working in the following areas: competition, employment, general commercial, intellectual property, litigation and regulatory (financial and non-financial).

ABOUT AGCO

AGCO, Your Agriculture Company (NYSE:AGCO), was founded in 1990 and offers a full product line of tractors, combines, hay tools, sprayers, forage equipment, tillage implements and related replacement parts. AGCO agricultural products are sold under the core brands of Challenger®, Fendt®, Massey Ferguson® and Valtra®, and are distributed globally through 2,600 independent dealers and distributors in more than 140 countries worldwide. Retail financing is available through AGCO Finance for qualified purchasers. AGCO is headquartered in Duluth, Ga., USA. In 2010, AGCO had net sales of $6.9 billion. http://www.AGCOcorp.com

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