UPDATE ON AGCO'S $42 MILLION UPGRADE IN ITS MINNESOTA FACILITY Nov. 3, 2014 Source: AGCO news release AGCO Corporation, a worldwide manufacturer and distributor of agricultural equipment, is in the midst of a multi-year, $42 million upgrade and expansion to its engineering and manufacturing facility in Jackson, Minn. The motivation behind the project, which kicked off in 2013, is to further improve the quality of the agricultural equipment built there, as well as the efficiency and production capacity of the facility.