AGI

What AGI does

AGI (Ag Growth International Inc., TSX: AFN) manufactures equipment and provides engineering services for agricultural commodity storage and processing. Founded in 1909 as Westeel in Canada and rebranded to Ag Growth International in 2008, the company completed an IPO on the Toronto Stock Exchange in 2015. AGI's portfolio spans seven functional components: storage (grain bins, hopper bins, smoothwall bins, water and liquid storage tanks), conditioning (mixed flow dryers, fans, aeration, stirring), portable handling (augers, conveyors, grain vacs, seed treaters, and a newly introduced PTO-driven mechanical swing conveyor), permanent handling (bucket elevators rated 2,000 to 50,000 BPH, chain and belt conveyors, screw feeders, spouts), structures and buildings (towers, catwalks, ladders, agricultural and commercial steel buildings), processing (batch and vertical blenders, bulk scales, mixers, milling equipment including rice milling), and technology (controllers, hazard monitoring, monitoring/automation). Notable proprietary technologies include AGI BinManager grain storage monitoring, HazMon hazard monitoring, AGI Farmobile in-field data collection, and Hi Roller enclosed belt conveyors with patented reloading systems. The company operates state-of-the-art manufacturing facilities in six countries (Canada, United States, Brazil, India, France, Italy) and runs 19+ wholly-owned subsidiary brands including Westeel, Westfield, Hi Roller, Batco, Hutchinson, Tramco, CMC, MMS, Airlanco, NECO, Sentinel, Milltec, Farmobile, Fertilizer Systems, GrainMaxx, and Flexmill.

AGI's business model is B2B industrial equipment sales, with pricing quote-based through dealers and direct enterprise sales rather than publicly disclosed. The company serves two primary segments: a horizontal Farm/Farmers segment focused on storage, handling, and conditioning of bulk grain commodities, and a vertical Commercial Operations segment providing full-service solutions (consulting, engineering, project management, equipment supply, millwrighting, turnkey delivery) to grain, fertilizer, seed, feed, and food industries. Distribution is hybrid: an extensive global dealer network with a public dealer locator plus in-country direct sales and service teams handling custom-engineered commercial installations. Named enterprise customers span grain terminals (Comvex, Romania), rice milling (Basma Rice Mill, Nigeria), food processing (Egyptian Swiss Company, Egypt), and fertilizer operations (Nutrien Ag Solutions and M&M Service Company, Illinois). Marketing is conducted through a website with product catalogs, an AGI Farm Blog / Knowledge Bin, interactive calculators, YouTube, LinkedIn, Facebook, Twitter, email newsletter, and news releases. Growth has been driven primarily by acquisitions, including Westfield (2005), Agtron/NECO (2019), MFS/Brock (2020), Farmobile (2020), and Milltec (2023), and recent operational moves include a June 2026 manufacturing realignment for U.S. farmers and the July 2026 launch of the world's first PTO-driven mechanical swing conveyor.

Name

AGI

Legal name

Ag Growth International Inc.

Website

https://danmare.ca

Company type

Public

Founded year

1909

Operating status

Operating

Short description

AGI (Ag Growth International Inc., TSX: AFN) manufactures agricultural storage, handling, conditioning, and processing equipment and provides engineering services across seven product components, serving farm customers and commercial grain, fertilizer, feed, and food operators through a global dealer and direct-sales network with manufacturing in six countries.

Ownership category

akta.pro rank

Product category

Agricultural Equipment Manufacturing

NAICS

Farm Machinery and Equipment Manufacturing (333111), Agricultural Implement Manufacturing (33311), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Farm Machinery & Equipment (3523), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Post-Harvest Handling, Grain & Storage Equipment (IMAHACAJ)

akta.pro secondary industries

Grain Bin & Silo Systems (On-Farm) (AFAOABAA), Grain Dryer Systems Integration & Installation (AFAOAHAB), Bulk Loadout Systems (Railcar/Truck/Vessel) (AFAOAAAH), Dust Collection, Explosion Protection & Fire Safety (NFPA/ATEX) (AFAOAHAK)

Keywords

• Agricultural equipment manufacturing
• Grain storage solutions
• Bulk material handling
• Fertilizer handling systems
• Agricultural processing equipment

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales: Sale of agricultural storage, handling, conditioning, and processing equipment including grain bins, dryers, conveyors, elevators, and related accessories

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

AGI manufactures and engineers equipment for the storage, handling, conditioning, processing, and monitoring of bulk agricultural commodities including grain, fertilizer, seed, feed, and food. The company's portfolio spans grain bins, dryers, conveyors, bucket elevators, fertilizer systems, rice milling solutions, steel buildings, and digital monitoring/automation technologies, delivered through a combination of branded sub-companies (Hi Roller, Westeel, Batco, Milltec, Farmobile, etc.). It also provides full-service engineering including consulting, project management, equipment supply, millwrighting, and turnkey installations for commercial food processing and grain handling facilities worldwide.

Product overview

AGI offers one of the most diverse portfolios of agricultural equipment and full-service solutions for the storage, handling, conditioning, processing, and monitoring of bulk agriculture commodities including grain, fertilizer, seed, feed, and food. The portfolio includes multiple sub-brands (AGI FARMOBILE, AGI WESTEEL, AGI BATCO, AGI HUTCHINSON, AGI WESTFIELD, AGI SENTINEL, AGI HI ROLLER, AGI AIRLANCO, AGI TRAMCO, AGI MMS, AGI CMC, AGI COMMERCIAL, AGI GRAINMAXX) across seven product components: Storage (grain bins, bolted bins, hopper bins, smoothwall bins, temporary storage, unloads & sweeps, water tanks, liquid storage tanks), Conditioning (mixed flow dryers, fans & heaters, aeration, aeration floors, vents & exhausters, stirring), Portable Handling (augers, conveyors, grain vacs, post pounders, seed treaters), Permanent Handling (bucket elevators, chain conveyors, belt conveyors, enclosed belt conveyors, distributors, feed handling, screw feeders & conveyors, spouts & connectors), Structures (towers, catwalks, ladders), Buildings (agricultural all-steel buildings, commercial steel buildings), Processing (batch blenders, bulk scales, declining weight blenders, vertical blenders, micro dosing systems, mixers, milling), and Technology (controllers, hazard monitoring, monitoring & automation).

Differentiator

Problem solved

Functional benefit

Brands

• AGI Farmobile: Data collection and agronomic machine practice technology for in-field data collection
• AGI BinManager
• AGI Milltec
• AGI Airlanco
• AGI Batco
• AGI Hi Roller
• AGI NECO
• AGI Sentinel
• AGI Westeel
• AGI Fertilizer Systems
• AGI Flexmill
• AGI Commercial
• AGI Farm

Products and services

• AGI HI ROLLER Enclosed Belt Conveyors Totally enclosed belt conveyors with unique idlers that isolate bearings from dust and a patented reloading system preventing product build-up and plugging; available in Hi Life, Mini Roller, and Lo Roller variants for demanding commercial dry bulk material handling applications.
• AGI Q Line Bucket Elevators Bucket elevators for bulk material conveying including grain, grain by-products, fertilizer, feed ingredients, and aggregates; capacities from 2,000 to 50,000 BPH with stainless or wear-resistant steel construction options.
• AGI Screw Conveyors and Feeders Screw conveyors and feeders configured to specific material requirements, with capacities from 2,000 to 11,000 BPH, featuring stainless steel housings, C1045 superior shafting, and AGMA Class 2 direct coupled drives.
• AGI Westeel Bulk Feed Tanks Engineered bulk feed tanks with a 40-degree roof pitch, rolled and crimped connections, an extended sidewall drip edge, and remote open lid functionality for reliable on-farm bulk feed protection and performance.
• AGI Commercial Storage Bins Engineered commercial grain storage bins with 2.66 inch corrugation on sidewall sheets, optional side draw systems, bolt-on base angle, and G-115 galvanized stiffeners; available up to 135 ft diameter for high-capacity commercial grain storage applications.
• AGI Mixed Flow Dryers Mixed flow grain dryers using AGI's mixed flow drying technology to condition bulk grain in farm and commercial operations.
• AGI Grain Bins Grain bins for the storage of bulk agricultural commodities, available in multiple sizes and configurations for farm and commercial use.
• AGI PTO-Driven Mechanical Swing Conveyor PTO-driven mechanical swing conveyor for portable grain handling, marketed as the world's first of its kind.
• AGI SmartStir Bin Systems Stir bins designed to work with SMARTstir systems to mix and preserve the quality of in-bin grain on the farm.
• AGI Fertilizer Systems Bulk fertilizer handling equipment covering bulk receiving, declining weight and batch blending, tower systems, liquid handling, loadout, and specialty fertilizer equipment.
• AGI MILLTEC Rice Milling Solutions Complete end-to-end parboiled rice milling solutions, including the 6 ton/hour turnkey rice milling systems delivered via AGI's India-based Milltec operations.
• AGI Food Processing Solutions Complete food processing solutions for commercial operations, including consulting, engineering, project management, equipment supply, millwrighting, and turnkey installations.
• AGI Lo Roller Conveyor Low-profile enclosed belt conveyor variant of the Hi Roller line, designed for applications where space limitations are a concern; features galvanized and stainless steel construction with reversible operation.
• AGI Steel Buildings (Agricultural and Commercial) Agricultural all-steel buildings for farm use and commercial steel buildings for business and industry, delivered under the AGI Sentinel brand.

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sukup Manufacturing Co. Family-owned Iowa manufacturer of grain bins, dryers, and material handling equipment. Direct competitor to AGI in on-farm and commercial grain storage and handling, particularly in the U.S. Midwest.
• Chief Industries: Manufactures grain storage bins, aeration systems, and steel buildings serving the agricultural sector. Direct overlap with AGI's Westeel grain bins and Sentinel steel building brands.
• PETKUS Technologie: German manufacturer of seed and grain processing, cleaning, and handling equipment. Comparable to AGI in conditioning, conveying, and processing for grain/seed customers, especially in EMEA markets.
• Brock Grain Systems (CTB): A unit of CTB Inc., Brock manufactures commercial and on-farm grain storage bins, aeration, and handling systems. Directly competes with AGI Commercial and AGI Westeel product lines.
• GSI (Grain Systems Inc.): A division of AGCO, GSI is one of the world's largest manufacturers of grain storage bins, dryers, and material handling equipment. Directly competes across grain bins, conditioning, and commercial handling categories with AGI's core portfolio.
• Cimbria (AGCO): AGCO-owned manufacturer of grain and seed handling equipment including conveyors, elevators, and dryers. Direct competitor to AGI's permanent handling and conditioning product lines.

Emerging players

• AGI competitors in farm data / grain monitoring: Agtech entrants such as CropX and Bushel compete with AGI Farmobile and BinManager in farm-data and bin-monitoring software. Adjacent competitors that pressure the digital/recurring-revenue layer of AGI's offering.
• Suncue Company: Taiwanese manufacturer of grain dryers and rice milling equipment with strong presence in Asia. Overlaps with AGI's Mixed Flow Dryers and AGI Milltec rice milling product lines.

Broad incumbents

• Bühler Group: Swiss-based global leader in grain processing, rice milling, and food processing equipment. Overlaps with AGI Milltec (rice milling) and AGI's food processing equipment line, though Bühler operates at much broader scale and global reach.
• AGCO Corporation: Global farm equipment manufacturer owning GSI and Cimbria. Competes with AGI across grain storage/handling via subsidiaries, plus adjacencies in tractors and combines that bundle with grain infrastructure sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries19 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about AGI