Deere & Co.'s (DE) U.S. farm machinery business plowed through the economic recession mostly unscathed, but the business is now attracting increased scrutiny because of concerns that farmers' appetites for new equipment is reaching its limit.
Kuhn Group, a division of Bucher Industries, has agreed on a strategic cooperation with Deere & Company in Moline, Ill., for large square balers. The cooperation covers a manufacturing and licensing agreement
Net income attributable to Deere & Company was $904.3 million, or $2.12 per share, for the second quarter ended April 30, compared with $547.5 million, or $1.28 per share, for the same period last year.
Deere & Company said today it will build a new manufacturing facility in northeast China to support the increased demand for large agricultural products in the region.
In his March 22 blog at www.no-tillfarmer.com, Executive Editor/Publisher Darrell Bruggink responded to a claim that John Deere had pioneered the no-tillage practice.
AgraTurf Equipment Services Inc. and Elmira Farm Service Ltd., two John Deere dealers in Southern Ontario, announced they have agreed to merge into a new dealership, Premier Equipment Ltd., effective May 2, 2011.
Last week, Deere & Co. released its fourth quarter earnings report, which showed the farm equipment maker increased it sales by 33% compared with the same period last year.
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.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
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