AGCO bought GSI grain systems!
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=38321
Printed Date: 25 Apr 2025 at 3:53am
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: AGCO bought GSI grain systems!
Posted By: clint
Subject: AGCO bought GSI grain systems!
Date Posted: 03 Oct 2011 at 9:57am
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I wonder if current users will complain about the color of the logo. It makes it a dirrent machine doesnt it?
HA ------------- Our farms stuff: agco gt55, AA 8775, 8765, 6080, 185, 180, 175, 170, d15, d14, d14, wd, wd, wd, g, F3, L3, R62 |
Replies:
Posted By: John (C-IL)
Date Posted: 03 Oct 2011 at 10:42am
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All I can say is WOW! We use GSI products here at the elevator. Here is a link to the press release. http://www.agcocorp.com/company/media_press_releases.aspx - http://www.agcocorp.com/company/media_press_releases.aspx Hopefully they will do a better job with the grain bin company than they have done with the Ag equipment business.
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Posted By: Kcgrain
Date Posted: 03 Oct 2011 at 10:54am
| HMMMMM an odd purchase for a farm equipment co although with the new name "Your Agricutural Company" I guess it would fit, thats why they dropped the Allis Gleaner name, and orange tractors so they could buy grain bins. its all coming together now! As a side note GSI was started by the same people that own Sloan Imp, the big John Deere Dealer in ILL, and also Sloan express, makes one ponder why you would stay in the Deere business and aftermarket parts, but sell off your Bin business to a holding company who now sells it to " Your Agricultural Company".........interesting, very interesting!!!!!!!!! |
Posted By: Byron WC in SW Wi
Date Posted: 03 Oct 2011 at 10:57am
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How is a grain handling company an excellent fit for an AG company? I know their related but I don't understand how they would fit? I think AGCO just doesn't know how to make money marketing their own products. Their big leaps and bounds in growth have come through good valued acquisitions that they've been able to, for the most part, sell assets acquire technology and shut down. |
Posted By: Amos
Date Posted: 03 Oct 2011 at 11:56am
| GSI was purchased by an investment firm a few years ago, just at the time I bought one of their corn driers. I made up my mind about 12 years ago that was the drier I was going to switch to. Now, after having problems with it and got very poor service from GSI I can see how they will fit right in with AGCO, heck AGCO may even make GSI service a little better, but I am not going to hold my breath. |
Posted By: Spud
Date Posted: 03 Oct 2011 at 1:25pm
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KCGrain. Why should Sloan have any say in who the investors sell it to a few years down the road?
If they wanted say, they shouldn't have sold it.
I have a Coke in the fridge. I might drink it or pour it down the sink. Either way, I am not going to call Wal-Mart to ask them what they think!
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Posted By: Kcgrain
Date Posted: 03 Oct 2011 at 2:05pm
| I have no idea why Sloans would care or have any say in it, that wasnt the point, my point was it was intersting that Sloans got out of a company they started by selling to an investment group who quickly got out of it to, evedently Sloans knew which horse to bet on. |
Posted By: Kcgrain
Date Posted: 03 Oct 2011 at 2:08pm
| Heres another thought, seeing as AGCO has managed to offend the American Farmer with the re badging of legendary brands like White or Hesston "by Massey Furgeson" will the new GSI bin and dryers say GSI by Massey Furgeson??? |
Posted By: Larry(OH)
Date Posted: 03 Oct 2011 at 9:18pm
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I guess that is better than " GSI by Farm-Trac " or something along those lines ------------- '40 WC puller,'50 WD puller,'50 M puller '65 770 Ollie *ALLIS EXPRESS contact* I can explain it to you, BUT I cannot understand it for you!! |
Posted By: Calvin Schmidt
Date Posted: 03 Oct 2011 at 9:45pm
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This is interesting. They have just become my competitor but I'm not worried.
http://www.mwisilo.com - www.mwisilo.com
------------- Nothing is impossible if it is properly financed |
Posted By: JohnCO
Date Posted: 04 Oct 2011 at 12:30am
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Well. lets see, Massey used to own Perkins engines, now owned by Cat, a partner of AGCO. I don't see any real connection in grain handling and storage and AGCO but then again, the suits at AGCO have never made a bad decision! BTW, I see Kruse was bought by Khun Knight, a French company. ------------- "If at first you don't succeed, get a bigger hammer" Allis Express participant |
Posted By: John (C-IL)
Date Posted: 04 Oct 2011 at 3:00pm
| My boss just told me that the reason the bin business and Gleaner fit is that they are both made from galvanized metal! LOL |
Posted By: HD6GTOM
Date Posted: 04 Oct 2011 at 5:42pm
| most farmers around here put up bins years ago. not many new bins have been put up around here the last few years. Most were added as the farms got larger, wonder what their idea is? |
Posted By: Rfdeere
Date Posted: 04 Oct 2011 at 7:05pm
I would say your area is reverse of here Tom, around here new bins are going up all over the place. ------------- Randy Freshour,Member Indiana AC Partners, http://www.rumelyallis.com" rel="nofollow - http://www.rumelyallis.com |
HD6GTOM wrote:Posted By: Dave in il
Date Posted: 04 Oct 2011 at 7:25pm
| Around here for the past 3-4 years the big investment other than new and larger equipment has been 1. tile, 2. machinery storage / new shops and 3. Grain handling systems. |
Posted By: John (C-IL)
Date Posted: 04 Oct 2011 at 10:39pm
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Posted By: Spud
Date Posted: 05 Oct 2011 at 10:28am
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A lot of the big commercial elevators going up use massive GSI bins.
I have also heard that in countries like India 30-50% of grain never gets to market due to crappy storage causing it to mold or be infested with rats.
I would think grain bins could be a big market in countries like that and Agco is an international company that can do it.
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Posted By: NickT(Ky)
Date Posted: 05 Oct 2011 at 7:54pm
| More bins built around here last two years than the last ten put together! |
Posted By: John (C-IL)
Date Posted: 05 Oct 2011 at 11:05pm
| We are looking to build another million bushel in the next year. The GSI salesman was in yesterday and the concrete silo guy was in today to get the bidding process started. Right now GSI is king in the commercial metal bin department in our area. |
Posted By: JohnCO
Date Posted: 06 Oct 2011 at 1:02am
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Any idea what a million bushel bin costs? Not that I'm planing on building one, LOL
------------- "If at first you don't succeed, get a bigger hammer" Allis Express participant |
Posted By: Lonn
Date Posted: 06 Oct 2011 at 6:26am
Hayfield Interstate Mills put a million bu one up a year or two ago and everyone said it was the largest in the country at the time. Now the elevator in Kasson also has one. It would take a loooooong time for my L2 to fill that. ------------- -- --- .... .- -- -- .- -.. / .-- .- ... / .- / -- ..- .-. -.. . .-. .. -. --. / -.-. .... .. .-.. -.. / .-. .- .--. .. ... - Wink I am a Russian Bot |
Posted By: John (C-IL)
Date Posted: 06 Oct 2011 at 7:50am
The boss said 2.5 million dollars. That includes the concrete, conveyors, electrical and fans. Every farmer should build one! LOL
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Posted By: Byron WC in SW Wi
Date Posted: 06 Oct 2011 at 8:02am
| My cousin works for a company that builds the poured concrete bins/silos. Those are pretty cool to watch going up. |
Posted By: John (C-IL)
Date Posted: 06 Oct 2011 at 8:14am
Jump form or slip form? The last two that we built in Ludlow are jump form, 135 feet tall went up at 8 feet per day. It was a pretty amazing process.
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Posted By: Calvin Schmidt
Date Posted: 06 Oct 2011 at 8:13pm
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John, was your concrete silo contractor Hoffmann from Muscatine? We use the same jump form equipment and sometimes trade equipment and help each other out. We also designed and built their concrete hoists. The salesman is my friend Paul Reed. Check this out http://www.mwisilo.com - www.mwisilo.com It been 47 years since my first summer job shovelling gravel into a one bag mixer for a 20' dia silo for $65/ week. It a lot different now.
------------- Nothing is impossible if it is properly financed |
Posted By: Byron WC in SW Wi
Date Posted: 06 Oct 2011 at 10:21pm
| Not sure what form they use. He works for Adams Building Contractors (adamsbc.com). He's out of Michigan but I believe he goes all over the country. |
Posted By: Steve M C/IL
Date Posted: 06 Oct 2011 at 10:45pm
| I hope AGCO don't kill GSI.One of my son in laws is in farm sales dept there. You ought to see the legs GSI built in the gulf.Biggest ever. |
Posted By: John (C-IL)
Date Posted: 07 Oct 2011 at 8:30am
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Posted By: Calvin Schmidt
Date Posted: 07 Oct 2011 at 3:55pm
John, The guys running the concrete buggy are tied off. They must not have had our new hoists. Here are a few pictures. You should like the colour. I hope it makes them work better. Specs; Lift capacity 2300 lbs @ 600'/min line speed, 4.3 x faster comming down all programable. Fail safe wireless control with power off every thing locks up , built in auto stop at the top. 5300 lbs with concrete ballast. 40 hp electric.     Truck load is heading to Hoffmann in Muscatine IA in 2006. (Not cheap)------------- Nothing is impossible if it is properly financed |
Posted By: Calvin Schmidt
Date Posted: 07 Oct 2011 at 3:57pm
Hoist at work ------------- Nothing is impossible if it is properly financed |
Posted By: Wil M (NEIA)
Date Posted: 07 Oct 2011 at 5:10pm
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Maybe GSI will start selling AGCO parts and AGCO dealerships will start selling GSI parts.... We are all Brock in this neck of the woods. Helps when the Commercial Brock dealer/millright is on the opposite side of town from us. If they are coming in from the west, south or north, they drive right past us so we are his "flagship" elevator :-) We do have 2 mailto:ba@#&#% - ba$#&#% child GSI bins that were sold to the elevator by the then board president's son (20 plus years ago) and put up by some fly by night mill right company and jerry-rigged into the rest of the system. Joe still gripes about that every so often:-) ------------- "Yet there are soulless men whose hand and brain tear down what time will never give again." Anderson M Scruggs |
Posted By: Rfdeere
Date Posted: 07 Oct 2011 at 9:49pm
Heck maybe GSI will sell Agco tractors and equipment since Agco don't want to ! LoL. ------------- Randy Freshour,Member Indiana AC Partners, http://www.rumelyallis.com" rel="nofollow - http://www.rumelyallis.com |
Posted By: JohnCO
Date Posted: 07 Oct 2011 at 11:49pm
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Years ago I remember my cousin telling me the local bin salesman also sold dime bags (marijuana) on the side.
------------- "If at first you don't succeed, get a bigger hammer" Allis Express participant |