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AGCO'S SUPPORT OF FFA COLLEGIATE SCHOLARSHIP PROGRAM CONTINUES TO GROW
Source: AGCO news release

AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer of agricultural equipment, is a proud supporter of the National FFA Organization and the National FFA Collegiate Scholarship Program.

During the 2012-2013 FFA scholarship year, AGCO and 60 local Challenger®, Massey Ferguson® and Gleaner® dealers will distribute a total of 120 scholarships in the amount of $1,000 each.

The local scholarship program which AGCO launched in 2011 has seen tremendous support from dealers with four new dealerships joining the effort for the 2012-13 scholarship year.

"Our dealership has supported FFA in Idaho since the business was founded in 1990. We do so because FFA is a program that addresses the agricultural interests of young people in our communities, many of whom are going to be our top farm operators and customers in the future," says Cleve Buttars, president/CEO, Agri-Service, a participating dealership headquartered in Twin Falls, Idaho.

"AGCO couldn't have chosen a better agricultural youth organization to support. The company's sponsorship of local scholarships fits in perfectly with what we were already doing, giving us an additional opportunity to support these youngsters through college."

On a national level AGCO will distribute 12 scholarships and AGCO Finance will distribute six scholarships in the amount of $2,000 each. The 2013 Scholarship application process opens online November 15, 2012, and applications must be submitted by 5:00 p.m. EST February 15, 2013. For more details on the scholarship program and a list of participating dealerships offering local scholarships, visit www.ffa.org/scholarships.

"The young men and women involved in FFA are the future of the agricultural industry and are the key to feeding the world whether they return to the family farm after college or get involved with other areas of agriculture," says Jason Marx, vice president of marketing at AGCO. "We salute FFA for its fine work and are proud to be a part of the National FFA Collegiate Scholarship Program that recognizes and supports these students."

Through the FFA scholarship program Massey Ferguson, Challenger, and Gleaner dealers financially support students through post secondary school to help launch their careers in the agricultural industry.

"Agriculture constantly faces new challenges and provides new opportunities, and these scholarship recipients are the future of our industry, thanks in part to the role FFA has played in their lives," says Marx.

AGCO is one of FFA's longest-standing sponsors with 2012 representing 67 years of support. During this time, AGCO has provided more than $1.2 million dollars in support of FFA, with individual dealers contributing in addition. Supporting the scholarship program is just one way the company and its employees express their appreciation for FFA and today's youth.

AGCO's corporate involvement also includes the National FFA Convention in Indianapolis, Ind., and has a recruiting presence at the Collegiate Career Fair. Marx mentions that many AGCO employees credit FFA with helping them to develop their own skills and lifelong interest in agriculture.

Scholarship selection

Students receiving scholarships through the National FFA Collegiate Scholarship program are selected based on leadership they have shown in their schools and communities as well as academic performance. Planned majors include engineering, communications, education, business management and economics. Supervised agricultural experience programs and future goals are also taken into consideration.

FFA members are trained in leadership, goal setting, consensus building, and problem solving. These students are not afraid to work and know what it means to make a profit. Collectively, FFA members earn $4 billion annually through their hands-on work experience.

For more information about AGCO and its products, visit www.AGCOcorp.com.


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