AGCO Corp was incorporated in Delaware in April 1991. The Company manufactures and distributes of agricultural equipment and related replacement parts in various parts of the country. It sells a full range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, tillage, implements and grain storage and protein production systems. The Company's products are recognized in the agricultural equipment industry and are marketed under a number of brands, including; Challenger, Fendt, GSI, Massey Ferguson and Valtra. It distributes its products through a combination of approximately 3,000 independent dealers and distributors in more than 140 countries. The Company provides retail financing through its retail finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., which the Company refers to as "Rabobank". It distributes its products through a network of independent dealers and distributors in Europe, North America, South America and rest of the world. The Company competes with several national and international companies that, like it, offer a full line of agricultural equipment. It also competes with numerous short-line and specialty manufacturers of agricultural equipment. It owns and has licenses to the rights under a number of domestic and foreign patents, trademarks, trade names and brand names relating to its products and businesses. The Company is subject to environmental laws and regulations concerning emissions to the air, discharges of processed or other types of wastewater, and the generation, handling, storage, transportation, treatment and disposal of waste materials.