AGCO plans to lay off 111 employees in Kansas

AGCO (KSN News)

BELOIT, Kansas (AP) – AGCO Corporation officials say the company plans to lay off a total of 111 workers at its plants in Beloit and Hesston.

A statement from the corporate office in Georgia says the Hesston plant is in a second phase of job cuts, with 72 layoffs this week. Twenty-four jobs were cut in August. The Beloit plant will lose 39 hourly jobs.

The Hesston plant makes hay and harvesting products, while the Beloit plant produces mostly tillage tools.

The company said in a statement that the layoffs were the result of the cyclical nature of the agriculture economy.

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