Articles tagged under: Deere and Company
Deere Adds Tech Center in Brazil
Published December 19, 2023
John Deere is investing $36.5 million in a technology development center in Brazil. This is Deere’s first testing center in the world for tropical agriculture. Construction should be finished by the end of 2024.Layoffs for Deere & Company
Published September 21, 2023
John Deere plans to lay off 225 production workers at its Harvester Works factory in East Moline, Illinois on October 16. This plant has over 2,300 employees with 2,000 working in production.3Q Profits Up for John Deere
Published August 21, 2023
Deere and Company reports third quarter net income of $2.9 billion. That’s up from $1.8 billion in the same quarter last year. Sales from Deere’s farm equipment business rose to $14.2 billion, up from $13 billion one year ago. Credit…1Q Income Up for Deere
Published February 20, 2023
Deere & Company reports first quarter net income of $1.9 billion, up from $903 million one year ago. Deere's agriculture business enjoyed an uptick in sales due to improved shipment volumes and prices.Deere Returns to Consumer Electronics Show
Published January 6, 2023
John Deere was back at the Consumer Electronics Show in Las Vegas this past week. New planting technology called ExactShot was introduced. This technology allows farmers to reduce the amount of starter fertilizer by more than 60 percent. It uses…Strong Earnings for John Deere
Published November 24, 2022
Deere and Company reports fourth quarter net income of $2.2 billion and $7.1 billion for the fiscal year. Fourth quarter income was supported by a 40 percent increase in net sales.Rose to Oversee Deere Logistics and Supply Management
Published October 6, 2022
Deere & Company appointed Justin Rose as its president of lifecycle solutions, customer support and supply management. Rose succeeds Marc Howze who will become senior advisor to the Office of the Chairman. Rose is joining Deere from Boston Consulting Group,…Right-to-Repair Lawsuits Consolidated
Published June 6, 2022
A federal judicial panel has consolidated nine of 12 lawsuits filed against John Deere and the right-to-repair issue. Forest River Farms in North Dakota is one of the cases that are part of this class-action lawsuit.The Next Step for Autonomous Tractors
Published May 20, 2022
John Deere is taking the next step in its development of autonomous farm equipment. Deere purchased a company the specializes in depth sensing and camera-based perception called Light. Light’s platform, Clarity, will be integrated into the John Deere autonomous tractors.…