Ag Growth Holdings Corp.

What Ag Growth Holdings Corp. does

Ag Growth International Inc. (AGI), publicly traded on the Toronto Stock Exchange under ticker AFN and founded in 1996, designs and manufactures equipment and engineered systems for the storage, handling, conditioning, processing, and monitoring of bulk agricultural commodities including grain, fertilizer, seed, feed, and food. The company's product portfolio spans grain bins, augers, conveyors, bucket elevators, chain and belt conveyors, dryers, aeration systems, blending and mixing equipment, milling equipment, structures, all-steel buildings, and digital monitoring platforms (BinManager, BinMonitor, SureTrack, Farmobile, CMC Hazard Monitoring). AGI operates through numerous acquired and retained sub-brands including Westfield, Batco, Westeel, Hi Roller, Hutchinson, Airlanco, Tramco, CMC, Sentinel, Milltec, and NECO, each with #1 or #2 market positioning in their respective sub-segments, and serves customers across more than 100 countries via 18+ manufacturing facilities on six continents.

AGI monetizes through four primary revenue streams: equipment sales (one-time capital purchases distributed via an extensive dealer network and direct enterprise sales), engineering and design services (custom systems for food, fertilizer, feed, and grain facilities), millwrighting and installation (mechanical, electrical, structural, plumbing, automation, fabrication), and turnkey solutions (single-source project delivery for food and beverage manufacturing facilities). The company employs a horizontal go-to-market across five primary use-case segments — grain operations, fertilizer industry, feed operations, food and beverage manufacturing, and seed industry — with pricing conducted on a quote-based, dealer-mediated model. Customer reach spans SMB farm operators purchasing portable grain handling equipment and larger commercial/enterprise customers procuring engineered systems; the BinManager platform additionally opens a recurring-data and retrofit aftermarket motion on top of the installed base.

Name

Ag Growth Holdings Corp.

Legal name

Ag Growth International Inc.

Website

https://aggrowth.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ag Growth International designs and manufactures equipment and engineered systems for storing, handling, conditioning, processing, and monitoring bulk agricultural commodities including grain, fertilizer, seed, feed, and food, serving farm, commercial, and food-and-beverage customers in over 100 countries via multiple acquired sub-brands and a global manufacturing footprint.

Ownership category

akta.pro rank

Product category

Agricultural Equipment

NAICS

Farm Machinery and Equipment Manufacturing (333111), Agricultural Implement Manufacturing (33311)

SIC

Farm Machinery & Equipment (3523)

akta.pro industry

PRIMARYAFAOABAA

Grain Bin & Silo Systems (On-Farm)

Agriculture & Food Production/Post-Harvest Handling & Storage (Grain Elevators, Silos, Cold Storage)/On-Farm Grain Storage (Bins, Silos, Aeration)

SECONDARYAFAOABAI

On-Farm Grain Safety & Compliance (Bin Entry, Dust Explosion Mitigation)

Agriculture & Food Production/Post-Harvest Handling & Storage (Grain Elevators, Silos, Cold Storage)/On-Farm Grain Storage (Bins, Silos, Aeration)

SECONDARYAFAOAHAK

Dust Collection, Explosion Protection & Fire Safety (NFPA/ATEX)

Agriculture & Food Production/Post-Harvest Handling & Storage (Grain Elevators, Silos, Cold Storage)/Drying, Aeration & Conditioning Systems (Grain/Seed)

Keywords

• Grain storage equipment
• Agricultural handling equipment
• Feed processing systems
• Grain bin monitoring
• Fertilizer handling systems

Headquarters

HQ city

Winnipeg

HQ country

Canada

HQ region

North America

Offices19 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Sales: Sale of agricultural equipment including grain bins, augers, conveyors, dryers, elevators, mixers, and processing equipment. One-time capital purchase model with extensive dealer network.
2. Engineering and Design Services: Custom engineering, project management, and design services for commercial food processing, fertilizer, feed, and grain facilities. Professional services integrated with equipment supply.
3. Millwrighting and Installation: Installation services including mechanical, electrical, structural, plumbing, automation, fabrication, crane and rigging, and welding. Both on-site installation and factory installation services.
4. Turnkey Solutions: Complete project solutions from initial planning through after-sales service, acting as single source supplier for food and beverage manufacturing facilities.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels9 records

Core offering

Ag Growth International (AGI) designs, manufactures, and supplies equipment and engineered systems for storing, handling, processing, and monitoring bulk agricultural commodities including grain, fertilizer, seed, feed, and food. Its portfolio spans grain bins, augers, conveyors, bucket elevators, dryers, aeration systems, blending equipment, millwrighting and installation services, and digital monitoring technologies such as AGI BinManager. The company also delivers turnkey food processing solutions integrating engineering, fabrication, installation, and after-sales support.

Product overview

AGI (Ag Growth International) is a global provider of equipment and solutions for global food infrastructure, offering a comprehensive portfolio of products and services for the storage, handling, processing, and monitoring of bulk agricultural commodities including grain, fertilizer, seed, feed, and food. The company's offering is organized as a platform-plus-modules architecture consisting of multiple core product categories (Storage, Conditioning, Portable Handling, Permanent Handling, Structures, Buildings, Processing, and Technology) delivered under numerous acquired sub-brands including AGI Westfield, AGI Batco, AGI Westeel, AGI Hi Roller, AGI Hutchinson, AGI Airlanco, AGI Tramco, AGI CMC, AGI Sentinel, AGI Milltec, and AGI NECO. The product portfolio also includes digital technology products (AGI BinManager, AGI Farmobile, AGI SureTrack, AGI BinMonitor) for real-time monitoring and management of grain operations, as well as turnkey solutions and services for the food and beverage industry including consulting, engineering, project management, equipment supply, millwrighting, and installation services.

Differentiator

Problem solved

Functional benefit

Brands

• AGI Westfield: Portable grain augers and conveyors for farm use
• AGI Batco
• AGI Westeel
• AGI Hutchinson
• AGI NECO
• AGI Airlanco
• AGI Hi Roller
• AGI Tramco
• AGI BinManager
• AGI Farmobile
• AGI Milltec
• AGI Sentinel
• AGI FLEXmill
• AGI CMC
• AGI MMS
• AGI Food
• AGI Digital
• AGI GrainMaxx
• AGI Commercial
• AGI Farm

Products and services

• Grain Storage Bins

Quantifiable outcome

• 54% reduction in recordable incidents and 50% reduction in lost-time injuries from 2023 to 2024 across global operations
• +1 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• University of Wyoming LRECminorStrategic or Co-development Partner · 26 January 2026Feed processing facility project at University of Wyoming's Laramie Research and Extension Center to transform grain storage, material handling and feed processing capabilities.
• Live to Farm / Dreamlux MediaminorGTM or Marketing Partner · 17 September 2025Television series partnership for third consecutive year. AGI partners with Dreamlux Media production to showcase farm families and AGI equipment including grain bin build and BinManager technology installation. Airing on Discovery Channel and RFD-TV.
• RIPCO SystemscoreChannel Partner/ Reseller/ Distributor · 17 September 2025Third-generation family-owned ag equipment dealer specializing in custom design grain systems. Partnership for bin build-out on Live to Farm featuring Kalb and Cardinal families.
• Iowa Soybean Association (ISA)coreGTM or Marketing Partner · 17 June 2025Partners+ Program providing ISA farmer members discounts on AGI monitoring systems and grain conditioning and handling solutions. First participant in the ISA Partners+ program.
• ESMC (Environmental Stewardship Marketers Coalition)minorStrategic or Co-development Partner · 23 October 2024Eco-Harvest Project partnership where AGI's plug-and-play device streamlines in-field data collection for verifying conservation practice outcomes in Scope 3 agricultural carbon projects.
• Boa Safra Ag LLCminorGTM or Marketing Partner · 14 August 2024Partnership to connect grain farms with expanded services through Boa Safra's Legacy Nutrient Deductions program for agricultural tax deductions.
• Tim Hortons Brier / Canadian Curling AssociationminorGTM or Marketing Partner · 11 July 2024Fifth year AGI served as presenting sponsor of men's curling at Tim Hortons Brier, connecting with rural Canadian audience.
• Valley View Agri-SystemsminorChannel Partner/ Reseller/ Distributor · 3 August 2023Co-sponsorship of LIVE TO FARM television series fall episodes with Valley View Agri-Systems to advance stories of farm families.
• Ada Manufacturing Corporation (ADAMCO)coreChannel Partner/ Reseller/ Distributor · 19 December 2022New distribution partnership with ADAMCO, the largest distributor in Philippines, to serve the growing Philippine agricultural market with AGI equipment.
• Truterra (Land O'Lakes)minorStrategic or Co-development Partner · 4 April 2022Pilot program putting ag retailers at center of helping automate and streamline data entry through Truterra sustainability platform integration.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Chief Industries: Chief Industries' Agri/Industrial division directly competes with AGI in grain storage and handling equipment, including grain bins, catwalks, and support structures. Headquartered in Nebraska, Chief serves similar on-farm and commercial grain operation customers.
• GSI (Grain Systems Inc.): GSI is a direct competitor to AGI in grain bins, grain dryers, and material handling equipment for commercial and on-farm applications. GSI is part of AGCO Corporation and competes head-to-head with AGI's Westeel, NECO, and Hi Roller brands across North America and globally.
• Sukup Manufacturing: Sukup is a closely-held direct competitor to AGI in grain bins, dryers, and material handling equipment for both farm and commercial operations. Family-owned Iowa-based manufacturer with overlapping product portfolio in grain storage, conditioning, and handling.
• Sioux Steel Company: Sioux Steel is a direct competitor to AGI in grain bins and agricultural storage structures. Family-owned South Dakota manufacturer with overlapping product portfolio in on-farm and commercial grain storage, supporting structures, and aeration systems.
• Bühler Group: Bühler Group is a direct competitor to AGI in grain processing, milling, and food processing equipment, particularly relevant for AGI's Milltec rice/pulses/maize milling operations and food turnkey solutions. Swiss-based global manufacturer with overlapping food infrastructure equipment portfolio.
• Brock Grain Systems: Brock Grain Systems (part of CTB, a Berkshire Hathaway company) directly competes with AGI in grain bins, aeration systems, and material handling equipment. Brock's national dealer network and broad product range overlap significantly with AGI's farm and commercial portfolios.

Broad incumbents

• CNH Industrial: CNH Industrial owns Case IH and New Holland, major agricultural equipment manufacturers. While primarily focused on tractors, combines, and implements, CNH has adjacent capabilities in grain handling and storage through its broad agricultural platform, making it a broad incumbent comparable to AGI's market position.
• Tetra Pak: Tetra Pak is a broad incumbent in food processing and packaging equipment. While its focus is on liquid/dairy/consumer food packaging rather than grain handling, Tetra Pak competes with AGI Food for turnkey food processing facility projects and food-grade equipment installations.
• AGCO Corporation: AGCO is a much larger global agricultural equipment manufacturer whose GSI subsidiary directly competes with AGI in grain handling. AGCO's broader portfolio (Massey Ferguson, Fendt, Valtra tractors and combines) makes it a broad incumbent with adjacent rather than directly comparable scale to AGI's specialized grain handling focus.
• Deere & Company (John Deere): John Deere is the largest agricultural equipment manufacturer globally and a broad incumbent relative to AGI. While John Deere's core focus is tractors and combines, its precision agriculture and digital farming offerings overlap with AGI's digital monitoring (BinManager, Farmobile, SureTrack) and compete for the same farm customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCo626YSY7PHeruItJ9ocyfA
• Facebookfacebook.com/AgGrowthInt
• LinkedInlinkedin.com/company/aggrowthinternational
• Xx.com/AgGrowthIntl

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries12 records

Funding overview

Funding rounds6 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A17 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ag Growth Holdings Corp.