Who Owns Gleaner?
Gleaner is a combine harvester brand owned outright by AGCO Corporation (NYSE: AGCO). Founded in 1923 by the Baldwin brothers in Nickerson, Kansas, it produced the world's first self-propelled combine. The brand passed through Allis-Chalmers and Deutz-Allis into AGCO, and combines are built today in Hesston, Kansas.
Gleaner Timeline
Who Owns Gleaner?
- Parent Company: AGCO Corporation
- Ownership Type: Wholly owned
- Acquisition Year: 1955
- Company Type: Publicly Traded
- Stock Ticker: NYSE: AGCO
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Gleaner | AGCO Corporation | Wholly owned |
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History of Gleaner
- Founded: 1923
- Founders: Curtis Baldwin, Edwin Baldwin, Ernest Baldwin
- Acquired by AGCO Corporation: 1955
Brothers Curtis, Edwin, and Ernest Baldwin, Kansas farmers who ran a custom harvesting crew, developed the Gleaner combine in 1923 as a way to cut, thresh, and bag grain with a single self-propelled machine instead of a crew of up to a dozen workers. The name referenced the machine's ability to glean the field and leave nothing behind.
The Gleaner Manufacturing Company set up production in Independence, Missouri in 1925 and grew into one of the town's largest employers. Allis-Chalmers bought the company in 1955, pairing Gleaner combines with its tractor line. When Deutz acquired the Allis-Chalmers farm equipment business in 1985, Gleaner moved with it, and the formation of AGCO in 1990 carried the brand into its current ownership.
Production moved from Independence to AGCO's Hesston, Kansas plant in 2000, putting combine manufacturing back within a few miles of where the Baldwin brothers built the first machines. The brand marked its centennial with the 2023 model year, led by the S9 Super Series and its Natural Flow transverse rotor design.
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About AGCO Corporation
What is AGCO?
AGCO Corporation is a publicly traded global agricultural machinery company (NYSE: AGCO) headquartered in Duluth, Georgia, behind brands including Fendt, Massey Ferguson, Valtra, and Challenger.
Does AGCO own Massey Ferguson?
Yes. AGCO acquired Massey Ferguson's operations progressively through the 1990s and fully owns the brand.
Does AGCO own the Challenger brand?
AGCO manufactures Challenger tractors but the brand is licensed from Caterpillar, which retained trademark ownership after selling the tracked tractor business in 2002.
Is AGCO publicly traded?
Yes. It trades on the New York Stock Exchange under the ticker AGCO.
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What is PTx?
PTx is AGCO's precision agriculture business, a 2024 joint venture combining AGCO's Precision Planting subsidiary with Trimble's agriculture division, covering guidance, planting technology, and data services.
Who runs AGCO?
Eric Hansotia has served as chairman, president, and CEO since 2021.
- Founded: 1990
- Headquarters: Duluth, Georgia, USA
- Company Type: Publicly Traded
- Stock: NYSE: AGCO
- Revenue: $11.7 billion (FY2025)
- Employees: Approximately 24,000
Where Is Gleaner Made / Based?
- Headquarters: Duluth, Georgia, USA
Gleaner Categories & Tags
Brands Owned by AGCO Corporation
Conglomerates IndustrialAGCO
Owned by AGCO Corporation
The corporate master brand of AGCO Corporation, covering its agricultural machinery business and serving as the entry-level product line in select markets.
agriculturefarm-equipmenttractors
Conglomerates IndustrialChallenger
Owned by AGCO Corporation
AGCO's licensed high-horsepower tractor brand, originally created by Caterpillar in 1986 and manufactured by AGCO under license since 2002.
tractorshigh-horsepowertracked
Conglomerates IndustrialFendt
Owned by AGCO Corporation
AGCO's premium German tractor brand, founded in 1930 and known for high-horsepower engineering, with AGCO ownership since 1997.
tractorsagriculturepremium
Conglomerates IndustrialMassey Ferguson
Owned by AGCO Corporation
AGCO's global mid-range tractor brand, tracing to 1847 Massey-Harris heritage and serving farmers in more than 140 countries.
tractorsagricultureglobal
Conglomerates IndustrialPrecision Planting
Owned by AGCO Corporation
AGCO's retrofit planter and field technology brand, founded in Tremont, Illinois in 1993 and now a cornerstone of the PTx precision agriculture portfolio.
plantingprecision-agricultureretrofit
Conglomerates IndustrialPTx
Owned by AGCO Corporation
AGCO's precision agriculture brand, launched in 2024 to combine Precision Planting products with the PTx Trimble joint venture into one mixed-fleet technology portfolio.
precision-agricultureagtechautonomy
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Gleaner Ownership: Pros & Cons
Advantages
- +Century of brand equity in harvesting
- +Fully owned trademark inside AGCO
- +Distinct transverse-rotor engineering story
- +Hesston production pairs with hay tools
- +Loyal North American customer base
Considerations
- -Combines only: no tractor or hay lines to spread cost
- -Deere and Case IH hold far larger combine share
- -Sales concentrated in North America
- -Narrower dealer coverage than sibling brands
Frequently Asked Questions About Gleaner
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Sources & Further Reading
- Gleaner Combines Official Site
- AGCO Investor Relations
- AGCO 10-K (SEC EDGAR)
- AGCO Company Page — /companies/agco
Competitors to Gleaner
No direct competitors found in the same category. This could be because Gleaneroperates in a unique market segment or we're still building our competitor database.
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Independent Alternatives to Gleaner
Looking for brands with different ownership structures? These similar brands are not owned by AGCO Corporation, giving you alternative choices that support different corporate structures.
Conglomerates IndustrialJohn Deere
Owned by John Deere
Flagship agricultural machinery brand of Deere & Company, the world's largest farm equipment maker, famous for green tractors and the leaping deer logo.
agriculturemachinerytractors
Publicly Traded
John Deere operates independently without a large parent corporation.
Conglomerates IndustrialCaterpillar
Owned by Caterpillar Inc.
Caterpillar, sold under the Cat brand, is the flagship equipment brand of Caterpillar Inc., the world's largest maker of construction and mining machinery.
heavy-equipmentconstruction-machinerymining-equipment
Publicly Traded
Caterpillar operates independently without a large parent corporation.
Conglomerates IndustrialVertiv
Owned by Vertiv
Vertiv is the flagship brand of Vertiv Holdings Co. (NYSE: VRT), covering power management, thermal management, and IT infrastructure products for data centers and mission-critical facilities.
data-center-infrastructurepower-managementthermal-management
Publicly Traded
Vertiv operates independently without a large parent corporation.
Conglomerates IndustrialACC Limited
Owned by Adani Group
Indian cement and ready-mix concrete manufacturer, one of the oldest cement companies in India, owned by Adani Group since 2022.
cementconstructionbuilding-materials
Privately Owned
ACC Limited is privately owned, unlike Gleaner which is under a publicly traded parent company.
Conglomerates IndustrialAmbuja Cement
Owned by Adani Group
Indian cement manufacturer providing construction materials and building solutions, owned by Adani Group since 2022.
cementconstructionbuilding-materials
Privately Owned
Ambuja Cement is privately owned, unlike Gleaner which is under a publicly traded parent company.
Conglomerates IndustrialBrevini
Owned by Dana
Dana's motion systems brand for industrial gearboxes and hydraulics, acquired in 2017.
gearboxeshydraulicsmotion-systems
Privately Owned
Brevini is privately owned, unlike Gleaner which is under a publicly traded parent company.
AGCO Corporation Stock Information
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