Agco to invest $100 mln in China, build two plants

Newswire

BEIJING, Nov 25 (Reuters) - Agco Corp will invest up to $100 million in China in coming years, including more than $60 million to build two manufacturing plants, a senior executive of the farm equipment maker said on Wednesday. The two plants would produce agricultural equipment including tractors and combines, with construction due to start in the first half of 2010, said Hubertus Muehlhaeuser, general manager for Eastern Europe and Asia. Agco, which makes farm equipment under the ...

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