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Articles Tagged with ''Deere & Co.''

Deere Board Elects John May as President, Chief Operating Officer

March 1, 2019 | Posted in Manufacturer News

Moline-based Deere & Co. announced Friday that its Board of Directors has elected John C. May, 49, president and chief operating officer, effective April 1.

Deere’s 1Q19 Ag & Turf Sales Increase 10%

February 15, 2019

Deere & Co. reported net income of $498.5 million for the first quarter ended Jan. 27, 2019 compared with a net loss of $535.1 million for the quarter ended Jan. 28, 2018.

Deere Announces Senior Management Changes

October 4, 2018

Max Guinn is retiring after 38 years of service at Deere. James Field, who had been a president in Deere's Agriculture & Turf Division, will succeed Guinn as president of Worldwide Construction & Forestry.

Deere Reports 36% 3Q Equipment Net Sales Gain; Ag Up 18%

August 20, 2018 | Posted in Dealer News

Deere & Co. reported net income of $910.3 million for the third quarter ended July 29, 2018 compared with net income of $641.8 million for the quarter ended July 30, 2017.

Deere’s 2Q18 Net Sales Rise 34%, Ag Up 22%

May 18, 2018

Deere’s worldwide sales of agriculture and turf equipment are forecast to increase by about 14% for fiscal year 2018.

Deere Assessing Impact of Beijing's New Tariffs

April 5, 2018 | Posted in Data & Forecasts

Source: Reuters

The tit-for-tat retaliatory policies are feared to hit U.S. farm exports, exacerbating the troubles of farm equipment makers, which have been battling weak domestic demand for the past 4 years.

Deere Fears a Hit from Tariffs & Retaliation

March 23, 2018 | Posted in Manufacturer News

Source: CNBC.com

The 25% tariffs, which U.S. President Donald Trump announced last month along with a 10% tariff on aluminum, could raise steel prices by 30% and may prompt the company to switch materials, says Samuel Allen, Deere & Co. Chairman and CEO.

Deere CEO: 'Our Best Days are Still to Come'

March 1, 2018 | Posted in Manufacturer News

Source: Quad-City Times

Deere's $5 billion-plus acquisition of the German company Wirtgen Group, the largest in the company's history, supports its aim for achieving more global scale in construction equipment.

Deere Listed Among Most Ethical Companies

February 14, 2018 | Posted in Manufacturer News

Deere has earned the recognition for all 12 years the Ethisphere Institute has completed the research.

North Dakota to Appeal Ruling on Farm Equipment Dealer Law

January 16, 2018 | Posted in Manufacturer News, Dealer News

Source: The Dickinson Press

The state of North Dakota will appeal a federal judge's recent ruling preventing it from implementing a new law that supporters dubbed a "farm equipment dealer bill of rights."

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