Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs.
Read moreA former John Deere employee is suing the company, saying he was fired for raising safety concerns over electric batteries.
Read more
Deere & Company reported net income of $1.959 billion for the first quarter ended January 29, 2023, or $6.55 per share.
Read more
The future of a right-to-repair class-action lawsuit filed on behalf of 16 farms against John Deere is in the hands of a federal judge.
Read more
Advocates are filing a lawsuit against the EPA, alleging that the agency is not enforcing the Clean Air Act by allowing agricultural equipment companies to prevent farmers from making their own repairs to tractors and other machines.
Read more
John Deere signed an agreement this week to let farmers repair their own equipment. Farmers and their advocates have little trust that Deere will actually follow through on their promise.
Read more
Farmers will now have the right to repair tractors and other agricultural equipment from John Deere without having to use the manufacturer’s own parts and facilities.
Read more
Deere & Co. says corn and soybean production in the US could be fully autonomous by 2030.
Read moreDeere & Company reported net income of $2.246 billion for the fourth quarter ended Oct. 30, 2022, compared with net income of $1.283 billion for the quarter ended Oct. 31, 2021.
Read moreDeere & Company announced that its Board of Directors elected Josh Jepsen, 44, as Senior Vice President and Chief Financial Officer.
Read more
Deere & Company reported net income of $1.9 billion for the third quarter ended July 31, 2022, compared with net income of $1.7 billion, or for the same quarter last year.
Read moreDeere & Company has announced former BorgWarner and Ford Motor Company executive, Felecia Pryor will join its senior leadership team as Senior Vice President
Read moreDeere begins contract negotiations with union at Horicon Works.
Read moreCo-founder of Microsoft Corp. transferred more than 3 million shares of Deere stock to the foundation on Thursday from Cascade Investment LLC
Read more
Deere has announced it will move mower conditioner production from Ottumwa to Mexico by the end of 2023.
Read moreFederal court found that AGCO Corp’s planting equipment did not infringe two patents owned by agriculture-industry rival Deere & Co.
Read moreDeere & Co. moving tractor cab production from Waterloo plant to Mexico . . . “given a tight labor market”
Read more
Majority of class-action lawsuits brought against John Deere over the right to repair farm equipment will be heard by a federal court in Illinois
Read moreOn the heels of announcing a joint venture with SureFire Ag Systems, Deere has announced a joint venture with GUSS Automation.
Read more
Deere shareholders asked executives during a recent meeting how the company plans to address these challenges.
Read more
Kreisel Electric will retain its brand and continue to operate in Austria. AgriSync will sunset its brand and focus exclusively on the Deere-branded version of its product.
Read moreDeere will add 150 IT jobs at a new office in Chicago with a goal of hiring 300 people to support IT and other roles.
Read moreJohn May’s appointment expands Ford’s board to 15 members.
Read more
The five-week strike that straddled the end of a fiscal year and start of another likely cut Deere’s production by 10 to 15 percent, but earnings remained strong.
Read more
Union members will vote on the contract Wednesday. The latest agreement is Deere’s “last, best and final offer,” a UAW spokesperson said.
Read moreSome 10,000 unionized workers at Deere & Company went on strike early Thursday after overwhelmingly rejecting a contract proposal worked out
Read more
The current contract expired Friday morning, but a contract extension was approved in the overnight hours so work could continue as negotiations did.
Read moreIn small agriculture and turf, net sales increased by 32 percent, and operating profits climbed 73 percent.
Read more
The current six-year master agreement covers approximately 10,100 production and maintenance employees at 12 Deere facilities.
Read moreDeere wants to have driverless tractors in the field over the next year and is “effectively in market with real customers today.”
Read moreIn a letter to his community, the owner of Tri-County Equipment explained Deere’s departure from his lot and looked to the future.
Read moreThe company seeks to benefit from a rollout of infrastructure and urbanization across the continent.
Read moreJohn Deere is consolidating its remanufacturing facilities and will shut down a Canadian plant later this year.
Read moreDeere’s golf and sports dealer network will sell and support the Wiedenmann line of aeration solutions.
Read moreAn agricultural engineering field specialist says the Ag Leader-Kinze high-speed planter is not identical to Deere’s but it relies on a similar system to discharge the seeds.
Read more(RTTNews) – John Deere, the brand name of machinery manufacturer Deere & Co., has recalled Frontier model rotary tillers citing
Read moreHarvest Profit, which produces software to help farmers analyze their data and better understand the financial outcomes, will retain its brand name.
Read more
Kinze President Susanne Veatch has invited Deere to a planter race. The winner gets bragging rights. The loser donates to Habitat for Humanity.
Read moreDeere responded to allegations of unfairness with a statement detailing its contributions to equality and an announcement of a new coalition, but that did not diminish the resolve of the NBFA.
Read moreDeere’s business in Australia, New Zealand, Asia, Africa and the Middle East accounts for almost 10 percent of the company’s total revenue.
Read more
The Deere exec who led efforts to deliver artificial intelligence on the farm has joined Ford. He and the new CEO want Ford’s commercial customers to regularly pay for services, creating a revenue stream that flows throughout the vehicle’s life.
Read moreThe senior vice president of Ag &Turf will retire Oct. 31. Succeeding him will be Dave Gilmore, a 30-year veteran at Deere.
Read moreBell will cease to distribute Bell-branded equipment built by Deere. It also will transition to a non-exclusive dealer arrangement with Deere.
Read more
Deere last week rolled out another voluntary severance program for U.S. salaried employees. Some positions are exempt, such as workers in precision ag, data and analytics, and IT departments.
Read moreDeere has announced a new operating model and a series of leadership changes to support the model.
Read moreThe loss of potentially $1 billion in net income is a microcosm of how the pandemic is impacting the agriculture supply chain and farmers.
Read moreAgriculture & Turf sales down 18% from same quarter last year Forecast to decline 10 to 15 percent for fiscal
Read moreThe pause in production is expected to last 15 days. It is the result of disruption in the supply chain and weakened demand.
Read moreDeere, AGCO, CNHI, and Alamo have reacted to the pandemic by temporarily shuttering overseas operations. Domestically, there is news of layoffs and plant closures resulting from employees testing positive.
Read moreDeere & Co. is halting production in agricultural behemoth Brazil as the coronavirus outbreak erodes sales for the world’s biggest
Read more