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Valtra

Valtra Oy Ab
Formerly called
Valmet
osakeyhtiö
Industry agricultural machinery
Founded 1951 in Jyväskylä, Finland (start of tractor production);
12 December 2003 (2003-12-12) in Suolahti, Finland (as a separate company)
Headquarters Suolahti, Äänekoski, Finland
Area served
worldwide
Key people
Jari Rautjärvi (General Director)
Products tractors
Brands Valtra
Revenue
  • Decrease84,809,000 (2015)
  • €89,701,000 (2014)
Profit
  • Increase€11,708,000 (2015)
  • €10,836,000 (2014)
Number of employees
918 (2014)
Parent AGCO
Website valtra.com

Valtra is a manufacturer of tractors and agricultural machinery and forms part of the AGCO Corporation. Valtra tractors are manufactured in Suolahti, Finland, and Mogi das Cruzes, Brazil. Valtra’s products in the Brazilian market also include combine harvesters, sugar cane harvesters, self-propelled sprayers and seed drills.

Valtra Inc. and Valtra do Brasil are fully owned subsidiaries of the American agricultural equipment manufacturer AGCO Corporation. AGCO’s headquarters are situated in Duluth, Georgia, and its EAME head office in Neuhausen, Switzerland. AGCO is the world’s third largest manufacturer of agricultural equipment. In addition to Valtra, other AGCO brands include Massey Ferguson, Fendt, Challenger and GSI. In Finland AGCO also owns the AGCO Power engine plant in Linnavuori, Nokia, which produces off-road diesel engines for AGCO and other manufacturers. AGCO is listed on the . Valtra Inc. employed 918 people at the Suolahti tractor plant at the end of 2014. Valtra manufacturers around 20,000 tractors a year at its plants in Suolahti and Mogi das Cruzes.

Valmet/Valtra has been the most popular tractor brand in Finland since the early 1970s and the most popular tractor brand in Scandinavia since it took over Volvo BM’s tractor operations in the early 1980s. In Brazil and South America, Valmet/Valtra has been the second or third most popular tractor brand depending on the year.

In western markets, Valtra has been the fourth or fifth most popular tractor brand depending on the year. Valtra tractors are currently sold in around 75 countries around the world.

Valtra’s roots go back to the Finnish State Rifle Factory founded in Jyväskylä in 1928 and the Finnish State Artillery Factory, which moved from Helsinki to Jyväskylä in 1939. Following the Second World War in 1945, the former defensive weaponry plants owned by the Finnish State were combined under a new organisation, the State Metal Works (Valtion Metallitehtaat), the name of which was then shortened to Valmet. Following the war, the artillery and rifle plants were converted to produce goods for war reparations and civil use, although the rifle plant also continued to produce military and civilian weapons until 1992.


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