May 6 (Reuters) - U.S. agricultural equipment maker AGCO
Corp said on Friday a ransomware attack was affecting
operations at some of its production facilities, and dealers
said tractor sales had been stalled during the crucial planting
Georgia-based AGCO said in a statement it expects operations
at some facilities to be affected for "several days and
The ransomware attack comes at a time U.S. agricultural
equipment makers were already facing persistent supply chain
disruptions and labor strikes that left them unable to meet
equipment demand from farmers.
AGCO did not disclose the names of the facilities or if any
data was stolen, but said it was still probing the extent of the
attack that occurred on Thursday and working to repair its
Tim Brannon, president and owner of B&G Equipment Inc in
Tennessee, told Reuters he has not been able to access AGCO's
website for ordering and looking up parts since Thursday
"We just have to trust that it will be over as soon as
possible because we are coming into our busiest time of the year
and it will be very damaging to our business and customers,"
AGCO, which competes with larger rival Deere & Co,
sells tractors and combines, manufactures and assembles products
in 42 locations worldwide with 1,810 dealerships in North
Dealers are now struggling to keep up with orders that were
The company told dealers that it was "prioritizing" the most
business critical systems in an e-mail read to Reuters by a
dealer who declined to be identified.
"I've got about nine orders that I need to place right now,"
said the dealer.
He said AGCO told him "digital systems" had been impacted
AGCO did not respond to requests for additional comment.
AGCO's shares were down 6% at $125.55 in late afternoon
Ransomware attacks have targeted food and fuel companies in
the United States in recent years, including the Colonial
Pipeline's oil network and meat processing company JBS
. Last autumn, at least three grain handlers in the
Midwest were hit with ransomware attacks.
(Reporting by Nathan Gomes in Bengaluru, Bianca Flowers and
P.J. Huffstutter in Chicago; Editing by Rashmi Aich, Shounak
Dasgupta and Marguerita Choy)