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AGCO Announces Layoffs in Hesston, Beloit


BELOIT, Kan. (AP)  AGCO is laying off more than 100 people at its plants in Hesston and Beloit.  A statement from the corporate office in Georgia says the Hesston plant is in the second phase of job cuts, with 72 layoffs this week.  That follows 24 jobs 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 agricultural economy.

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