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.
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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.
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The 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 moreDeere recently reported better-than-expected fiscal first-quarter results and said the U.S. farming industry is showing signs of improvement.
Read moreDeere plans to lay off 42 workers in Waterloo, Iowa. The Case New Holland plant in Fargo, N.D. is laying off 35 people.
Read moreAfter a 45-year career, Samuel R. Allen has elected to retire May 1 from his current position as chairman of the Deere &
Read moreDeere’s agriculture and turf division fell 4 percent from the year prior to $4.49 billion during the three months through Feb. 2.
Read moreJohn Deere Dubuque Works announced Friday that it will lay off 105 employees.
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A jury in Oklahoma recently awarded a woman $5 million in a civil suit claiming her husband’s death in a tractor accident was the equipment manufacturer’s fault.
Read moreDeere & Co. last week said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. The company is also reviewing its overseas footprint in markets that have peaked or over-invested.
Read moreDeere recently announced indefinite layoffs amid demand woes.
Read moreJohn May, Deere’s incoming chief executive, will narrow the company’s focus to enhancing technology and growing the U.S. market. This is a pivot from CEO Sam Allen’s emphasis on selling more equipment in developing markets overseas.
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Deere filed suit this week in U.S. District Court against two former employees for allegedly stealing trade secrets. The suit claims the husband and wife downloaded, transferred and removed confidential information while planning their exits.
Read moreDeere & Co. filed suit last week in U.S. District Court against two former employees for allegedly stealing trade secrets.
Read moreFor the quarter ending July 28, sales at its agriculture and turf segment declined 6 percent year-on-year. Overall, equipment sales were down 3 percent. The company cut its full-year earnings outlook for the second time in the past three months.
Read moreThe Deere board has elected John C. May as a member of the board and chief executive officer. He succeeds Samuel R. Allen, who will continue as chairman of the board.
Read moreAssembled Products, Inc. has been named an Enterprise Supply Management Supplier of the Year by John Deere. The Urbandale, Iowa,
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