AGCO to Establish AgRevolution Dealership

AGCO Corp. has announced its intention to acquire certain assets of Boyd Company of Louisville, KY. Upon completion of the agreement, AGCO will form AgRevolution, an agricultural equipment dealership to provide industry-leading products and support services to the farming community throughout Kentucky and southern Indiana. The new company is expected to begin operating as a wholly owned subsidiary of the equipment manufacturer on January 1, 2021.

AgRevolution intends to operate Boyd’s current dealership locations in Columbia and Mayfield, KY, and temporarily share space with Boyd’s construction equipment locations in Hopkinsville, KY, and Evansville, IN. AgRevolution leadership is currently identifying additional permanent locations and building a customer-focused staff from current Boyd ag employees and seeking talented new team members.

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“The Boyd Company has been honored to serve our ag customers, and we’re very excited that AgRevolution will be providing them uninterrupted customer support throughout this transition,” said Monty Boyd, president and CEO, Boyd Company. “Our top priority during this decision was always ensuring that our customers are well taken care of, and AGCO and AgRevolution will do just that.”

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AGCO supports a strong independent dealership network across North America. The launch of AgRevolution is a unique situation and the result of Boyd’s decision to focus on its core heavy construction equipment business and AGCO’s commitment to continue serving customers in the. Though it will be a wholly owned subsidiary of AGCO, AgRevolution will operate in a manner similar to that of AGCO’s independent dealerships.

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