PRAGUE, Czech Republic (May 30, 2013) — Mitas a.s. has signed a four-year tire supply agreement extension with farm machinery manufacturer AGCO.
Mitas said it will supply Continental- and Mitas-branded farm tires for AGCO's Fendt-, Massey Ferguson-, Valtra-, Challenger- and Laverda-branded tractors and combines for their plants in Germany, Finland, France and Italy starting this year.
The tire maker has been supplying Fendt tractors with tires since 2004, when Mitas acquired the Continental A.G. farm tire manufacturing division.
AGCO recently awarded its highest supplier rating "A" to Mitas for deliveries of farm tires during 2012. The Mitas-produced Continental tire is a standard fitment on four of the six Fendt model series. The award pertains to quality, logistics, customer service and protection of the environment—for all of which Mitas received the highest grade.
Mitas said it has received the overall "A" grade annually since 2004. The company said its sales to AGCO increased 10 percent in 2012, compared with 2011.