New Markets Tax Credit Coalition

Search

AGCO

AGCO is a leading global manufacturer of agricultural equipment, offering a full line of tractors, combines, hay tools, sprayers, and forage and tillage equipment, which are distributed in more than 140 countries worldwide.

Investment

  • NMTC Amount: $14,400,000
  • Total Project Cost: $16,627,808

IMPACT

  • 130 FTE jobs
  • 54 construction jobs
  • 79 indirect jobs created

Investor

Project Description

AGCO is a leading global manufacturer of agricultural equipment, offering a full line of tractors, combines, hay tools, sprayers, and forage and tillage equipment, which are distributed in more than 140 countries worldwide. In 2011, AGCO announced plans to expand the company’s Jackson, Minnesota manufacturing facility to produce high-horsepower, wheeled, row-crop tractors, which had previously been produced in France.

MAP

Address: 202 Industrial Park, Jackson, MN 56143

Census Tract: 27063480400

PDF Profile

Other Minnesota Projects

Former Permitite adhesives manufacturing facility converted into a adaptive mixed-use in NE Arts District..
The transformation of a brick building at 807 Broadway Street in Northeast Minneapolis into modern-day business park.
Provision of a $1,865,000 loan for a metal fabrication company in Fergus Falls, MN.
The NMTC helped a food co-op expand and provide greater access to healthy food in a USDA food desert.