A report from Bloomberg last week that on plans by Deere & Co. to allocate combines in 2012 created somewhat of a stir in the ag equipment business last week. But according to at least one analyst, Deere had earlier talked about the allocation program on various occasions and it shouldn't be considered as "big news?"
"I started farming and feeding cattle with my grandfather when I was a kid and my passion for agriculture has continued to grow. He and my dad used John Deere equipment and I've always believed it's the best."
John Deere Credit Inc., the financing arm of equipment supplier John Deere, aims to raise C$150 million (US$144.2 million) from an offering a 3-year bonds maturing in October 2014, according to people familiar with the matter.
Farm and lawn machinery maker Deere & Co. said Monday it will invest $124 million to build two new factories in Brazil to supply growing demand for construction equipment in South America.
Farm machinery make Deere & Co. plans to open a tractor factory in Argentina, as the administration of President Cristina Kirchner seeks to reduce the country's dependence on imported manufactured goods.
General Motors has hired a new treasurer – Deere & Co.'s Jim Davlin – filling out the automaker's financial team after it was shaken up this spring by former Chief Financial Officer Chris Liddell's departure.
Gov. Jack Dalrymple today presented the North Dakota Theodore Roosevelt Rough Rider Award to business leader and philanthropist Ronald D. Offutt during the Fargo Moorhead West Fargo Chamber of Commerce annual meeting in Fargo.
Honda Power Equipment today announced a new agreement with John Deere (Deere & Company) to sell Honda premium power products at participating John Deere dealerships in the United States.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
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