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Valtra wins the prestigious red dot design award

11/13/2011

The ANTS concept tractor that was unveiled by Valtra to mark its 60th anniversary has won the prestigious red dot design award. ANTS took victory in the mobility category of the design concept series.

“The award is fine recognition for the entire team that has helped develop the ANTS concept. The design and details of ANTS were not conjured out of thin air – they are all based on research, future needs and technically feasible solutions. The ideas behind ANTS may seem far out now, but the world is changing rapidly and no one can say with any certainty what will happen over the coming decades,” comments Kimmo Wihinen, Head of Industrial Design at Valtra.

The design of the ANTS concept tractor was based on the anticipated future needs of customers. ANTS meets the challenges of the future while at the same time respecting Valtra’s traditions. It is dynamic, friendly, customisable, smart and agile, and it has an excellent power to weight ratio. The name ANTS is a play on words. It refers to Valtra’s current model series – A, N, T and S – but also to the insect. Ants are considered to be extremely strong and social insects, and the ANTS concept reflects the hardworking characteristics of real ants.

Red dot is the largest design competition in the world. In addition to the Valtra ANTS concept tractor, over 3500 entries participated in the design concept series this year.

 

Further information:
Tommi Pitenius
Communications Officer
+358 40 8333 214
tommi.pitenius@valtra.com

Valtra Inc. develops, manufactures, markets and services Valtra tractors. Valtra is the leading tractor manufacturer in the Nordic countries and the second most popular brand in Latin America. Total production in Finland and Brazil amounted to 22,000 tractors in 2010. Valtra is a worldwide brand of AGCO Corporation.


ABOUT AGCO
AGCO, Your Agriculture Company, (NYSE: AG), a Fortune 500 company, 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 more than 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. Please visit our website at www.AGCOcorp.com.

 

SAFE HARBOR STATEMENT
Statements that are not historical facts, including the projections of earnings per share, sales, market conditions, margin improvements, profitability, the effect of acquisitions, new product development and market expansion, factory productivity, production, investments in expanding markets, free cash flow, depreciation, emission requirements, product line expansion, general economic conditions, farm economics and productivity, engineering efforts and capital expenditures, are forward-looking and subject to risks that could cause actual results to differ materially from those suggested by the statements. The following are among the factors that could cause actual results to differ materially from the results discussed in or implied by the forward-looking statements. Further information concerning these and other factors is included in AGCO´s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2010. AGCO disclaims any obligation to update any forward-looking statements as required by law.

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