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AGCO Corporation Receives Award from U.S. Department of Energy

November 13, 2009

AGCO Corporation, a worldwide manufacturer and distributor of agricultural equipment, was recently selected for an award by the U.S. Department of Energy. With the actual DOE grant of up to five million dollars, AGCO's Research and Development team will seek to demonstrate the viability of a hay product as a least-cost, near-term means for supplying high tonnage biomass feedstocks to cellulosic bio-fuel processors. The project is focused on the efficient collection and transportation of biomass to production plants for processing.
To deliver the objectives of the grant, AGCO will be working with renewable fuel producers, such as: POET, Abengoa Bioenergy and Terrabon. AGCO will also be working with industrial experts who have focus on bio-fuels and energy crops such as Idaho National Laboratory, The Samuel Roberts Noble Foundation, Texas A&M University, Oklahoma State University, Iowa State University and the energy crop company, Ceres, Inc.

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