Wed November 03, 2010
John Deere Financial Is New Name for Division of Deere & Company
Deere & Company is introducing a new name — John Deere Financial — for its business unit that offers credit and other financial services. The change is being made to better represent the full breadth of products and services offered by the business....
Fri October 08, 2010
Deere 850D Sells for $315K at Hunyady Sale in Telford, Pa.
Hunyady Auction Company held a sale Sept. 22 in Telford, Pa. Going on the block was equipment from SunTrust Equipment Finance and Leasing Corp., along with All Points Capital Corp. and Co Active Capital Partners Inc....
Fri September 24, 2010
John Deere Builds 500,000th Gator Utility Vehicle
The John Deere Horicon Works announced Sept. 22 production of the company’s 500,000th Gator utility vehicle. “Reaching this milestone of building 500,000 Gators is a significant accomplishment for our company, our employees and our customers,” said Dan Hoffman, factory manager, John Deere Horicon Works....
Fri September 10, 2010
Deere Responds to Customers’ Soil Challenges with New Construction Offset Disks
John Deere Construction & Forestry has introduced three new series of Frontier construction offset disks for its dozers and scraper tractors with heavy weight-per-blade ratios to help users cut deep into tough, compacted soil....
Christopher Leonard - Fri September 10, 2010
Deere Sells Wind Energy Business for $900M
T. LOUIS (AP) Energy company Exelon Corp. said Aug. 31 it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling an active merger and acquisition period ahead for the power industry....
Josh Funk - AP BUSINESS WRITER - Thu August 19, 2010
Deere 3Q Profit Up 47 Percent
OMAHA, Nebraska (AP) Deere & Co. said Aug. 18 its third-quarter profit grew 47 percent with American and Canadian farmers buying enough of the company’s large equipment to offset a sharp downturn in Europe....
Tue July 13, 2010
Waterloo Plant Gets $100M Deere Investment
MOLINE, Ill. (AP) Deere & Co. has announced it will invest about $100 million to modernize the John Deere Foundry in Waterloo, Iowa. According to Deere, the modernization work will take place over the next 4 to 5 years....
Tue June 08, 2010
Lincoln Automatic Lubrication System Offered for John Deere Articulated Dump Trucks
Lincoln has introduced automatic lubrication systems for the John Deere 350D and 400D series articulating dump trucks. Working in collaboration with John Deere engineering, these systems were designed to meet Deere’s standards for location, mounting and protection....
Josh Funk - AP BUSINESS WRITER - Thu May 20, 2010
Deere 2Q Profit Rises on Improving Equipment Sales
Deere & Co. said May 19 that its second-quarter profit jumped 16 percent as sales of farm and construction equipment improved, so the maker of iconic green and yellow machinery raised its outlook for the second time this year....
Sat March 27, 2010
John Deere Recalls Workers to Dubuque, Davenport Plants
DES MOINES, Iowa (AP) Deere & Co. is recalling 117 workers at its plants in Dubuque and Davenport as market conditions in its construction and forestry divisions improve. The Moline, Ill.-based farm equipment maker in February boosted its outlook for 2010 after an unexpected increase in agricultural orders helped drive first-quarter profit 19 percent higher....
