AGCO Selects Hara Software to Manage and Optimize Global Energy and Resource Impacts

SAN MATEO, Calif., June 26, 2013 /PRNewswire-iReach/ -- Hara™, a leader in enterprise energy and sustainability management software, today announced that AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery, has chosen Hara to track, verify, and manage AGCO's global energy, waste, water, OH&S activities, and corresponding GHG emissions.

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AGCO is committed to reducing its global environmental impact and helping their customers, suppliers, and communities to do the same. For its own operations, AGCO is finding ways to reduce energy and water consumption, minimize waste generation, and lower overall environmental impact. By also improving its products, AGCO is helping customers improve farm productivity and soil health by improving water use efficiency, increasing nutrient uptake from fertilizers and promoting the judicious use of pesticides input efficiency and thus increase farm profitability. AGCO is also impacting its supply chain, through high performance in quality, ethics and environmental standards among suppliers. Through this work, AGCO supports the communities it impacts, not just directly but also those of its customers.

AGCO chose Hara to help manage their energy, water, and waste usage. The partnership will give AGCO greater insight into global consumption and better focus for reduction efforts that drive progress towards corporate targets. With the visibility gained through Hara, AGCO will be able to lower its energy and environmental impact.

Kitae Kim, AGCO's Global Sustainability Manager, says that "Hara's robust and flexible system will allow AGCO to efficiently track and manage our manufacturing operations' energy, water, waste, dollar spend, and GHG emissions.  We are taking strides to lower our environmental impact. The insights we will gain by using Hara will help us maximize our efforts in reducing our resource consumption and spend and give us the quickest return on our system investment."

"Hara's partnership with AGCO is significant for both companies", states Rodrigo J Prudencio, CEO, Hara. "AGCO is an influential agricultural company, committed to helping their customers pursue sustainable and profitable growth. We are similarly committed to helping AGCO as our customer as they pursue a data-driven approach to energy and environmental initiatives."

About AGCO

AGCO, Your Agriculture Company, (NYSE:  AGCO), is a global leader focused on the design, manufacture and distribution of agricultural machinery. AGCO supports more productive farming through a full line of tractors, combines, hay tools, sprayers, forage equipment, tillage, implements, grain storage and protein production systems, as well as related replacement parts. AGCO products are sold through four core machinery brands, Challenger®, Fendt®, Massey Ferguson®, Valtra® and GSI®, and are distributed globally through 3,150 independent dealers and distributors in more than 140 countries worldwide. Retail financing is available through AGCO Finance for qualified purchasers. Founded in 1990, AGCO is headquartered in Duluth, Georgia, USA. In 2012, AGCO had net sales of $10.0 billion. http://www.agcocorp.com

About Hara

Hara's cloud-based software platform makes energy and resource data simple to acquire – and act on. As the market leader serving over 50 global customers, Hara helps energy and sustainability professionals analyze, track, report, and execute against cost savings opportunities, compliance requirements, efficiency targets, and operational improvements. Discover a better way to manage energy, GHG emissions, and resource use through Hara. Learn more at www.hara.com

Media Contact: Melissa Matlins, Hara, 6502881843, melissa.matlins@hara.com

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SOURCE Hara



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