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Articles Tagged with ''John Deere''

Samuel R. Allen to Retire as Deere's Board Chairman

March 2, 2020 | Posted in Manufacturer News

After a 45-year career, Samuel R. Allen has elected to retire May 1 from his current position as chairman of the Deere & Co. Board of Directors.

Deere Dealing with Coronavirus Issues at its China Plant

February 28, 2020 | Posted in Manufacturer News

Source: RadioIowa.com

A spokesman for John Deere says procedures are in place to respond to the outbreak in China, where Deere makes farm and construction equipment. Ken Golden says Deere closed its plants temporarily when the government asked it to do so.

Deere’s FY1Q20 Net Sales Drop, But Net Income Improves

February 21, 2020 | Posted in Manufacturer News

Deere & Co. reported that its worldwide net sales and revenues decreased 4% in the first quarter of 2020, ended Feb. 2, to $7.63 billion. Net sales of the company’s equipment operations were $6.53 billion for the quarter, compared with $6.94 billion in 2019; a decline of 6%.

Deere Completes $24 Million Expansion of Horicon Works Facility

December 24, 2019 | Posted in Manufacturer News

Deere has completed a $24 million, 22,000 square foot project at its Horicon Works manufacturing facility in Horicon, Wis. This comes 3 years after a $43 million, 388,000 square foot expansion project at the same facility.

Deere’s 4Q19 Net Sales Rise; Lower Sales Expected in FY2020

November 27, 2019 | Posted in Manufacturer News

Deere & Co. reported net income of $722 million for the fourth quarter ended Nov. 3, 2019, compared with net income of $785 million for the quarter ended Oct. 28, 2018. For fiscal 2019, net income attributable to Deere & Co. was $3.253 billion compared with $2.368 billion in 2018.

Deere & Co. Announces Over 150 Layoffs in the Quad Cities

October 1, 2019

Over 150 Deere & Co. employees are being placed on an "indefinite layoff" due to decreased demand, according to company officials.

Deere Announces Third-Quarter Net Income of $899 Million

August 16, 2019 | Posted in Manufacturer News, Data & Forecasts

Source: John Deere Reports

Worldwide net sales and revenues decreased 3% for the third quarter of 2019 and increased 5% for 9 months. Company equipment sales are projected to increase by about 4% for fiscal 2019 compared with 2018.

John Deere Expands Frontier Lineup

August 1, 2019 | Posted in Manufacturer News, Product Innovations

A new rotary tiller portfolio, skid steer carrier adapter and overseeder have been added to the Frontier equipment lineup.

John Deere Announces New Registered Apprenticeship Program

July 17, 2019 | Posted in Manufacturer News

The program will help address service technician labor shortages across the U.S.

Deere’s 2Q Net Ag Sales Increase by 3%

May 17, 2019 | Posted in Manufacturer News, Data & Forecasts

Net sales from the agriculture & turf division improved by 3% to $7.3 billion vs. $7.04 billion the previous year. Year-to-date, net sales for the division were nearly $12 billion, an increase of 6% vs. the first 6 months of 2018.

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