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Deere

Shortliner News 

Deere Reports 16% Drop in Q2 Sales

May 16, 2025May 16, 2025 Gina Clark Deere, Q2 Earnings

Deere & Company reported net income of $1.804 billion for the second quarter ended April 27, 2025, or $6.64 per share, compared with net income of $2.370 billion, or $8.53 per share, for the quarter ended April 28, 2024.

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Manufacturing Shortliner News Dealer News 

Deere Breaks Ground on $13.5 Mil Remanufacturing Facility

May 9, 2025May 9, 2025 Gina Clark Deere, Missouri, Stafford

On May 5, Deere & Co. hosted a groundbreaking ceremony on the site of the John Deere Reman Core facility in Stafford, Mo. Deere & Co. first announced last fall.

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Shortliner News 

Deere Reports Q1 Net Income of $869 Million

February 20, 2025February 20, 2025 Gina Clark Deere, Q1 Earnings

Deere & Company reported net income of $869 million for the first quarter ended January 26, 2025, or $3.19 per share, compared with net income of $1,751 million, or $6.23 per share, for the quarter ended January 28, 2024.

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Manufacturing Shortliner News 

FTC Files Lawsuit Against Deere

January 22, 2025January 22, 2025 Gina Clark Right to Repair, Deere, Federal Trade Commission

The Federal Trade Commission filed a lawsuit against Deere & Co., on January 15 alleging the company’s repair practices violate competition law.

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Manufacturing Shortliner News 

Deere Adds More Iowa Layoffs

December 13, 2024December 13, 2024 Gina Clark Deere, Layoff

John Deere Company plans to layoff 100 employees in its global workforce. Announcing they will be cutting more jobs in its Iowa state production plants, adding to the current 2024 amount of 1,700 jobs and employees.

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Shortliner News 

Deere Plans Temporary Closure at Ottumwa Facility in Iowa

November 22, 2024November 22, 2024 Gina Clark Deere, Iowa, layoffs, Ottumwa

John Deere has announced it will suspend production at its plant in Ottumwa, Ia. for a month — from early December to early January — in the wake of reduced customer demand for its products, according to recent news reports.

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Manufacturing Shortliner News 

Deere Reports Q4 Net Income of $1.245 Billion

November 22, 2024November 27, 2024 Gina Clark Deere, Q4 Earnings

Deere reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per share, for the quarter ended October 29, 2023.

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Manufacturing Shortliner News 

Trade Commission Probes Deere Over Right to Repair

November 8, 2024November 8, 2024 Gina Clark Right to Repair, Deere, Federal Trade Commission

The U.S. Federal Trade Commission is investigating Deere & Co. to determine whether the tractor giant’s equipment repair policies violate consumer protection laws, according to a public filing.

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Manufacturing Shortliner News 

Deere Accused of Clean Air Act Violations Over Emissions Repair Restrictions

October 4, 2024October 4, 2024 Gina Clark Deere, Clean Air Act

Sen. Elizabeth Warren accused Deere of failing to honor its agreement with the American Farm Bureau Federation (AFBF) by offering inadequate tools and insufficient disclosures.

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Shortliner News 

Deere Q3 Sales Down 17%

August 21, 2024August 21, 2024 Gina Clark Deere, Q3 Earnings

Deere’s worldwide net sales and revenues decreased 17%, to $13.152 billion, for the third quarter of 2024 and decreased 11%, to $40.572 billion, for nine months.

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Manufacturing Shortliner News 

Deere Reports Q3 Earnings; Sales Down 17%

August 15, 2024August 15, 2024 Gina Clark Deere, Q3 Earnings

Deere & Company reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share, compared with net income of $1.884 billion, or $6.16 per share, for the quarter ended July 31, 2022.

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Shortliner News Featured - Home Small 

Deere No Longer Supporting DEI Initiatives

July 22, 2024July 24, 2024 Gina Clark Deere, Tractor Supply

John Deere announced it will be ditching nearly all its diversity, equity and inclusion (DEI) polices in favor of a quality-based workplace.

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Manufacturing Shortliner News 

Deere Laying Off Additional Waterloo Workers

July 15, 2024July 24, 2024 Gina Clark Deere, Iowa, layoffs, Waterloo

Deere announced it will lay off more than 300 production employees in Waterloo, IA, effective September 20.

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Shortliner News 

Deere Announces More Layoffs in Illinois and Iowa

July 11, 2024July 11, 2024 Gina Clark Deere, layoffs, Midwest Production

Illinois-based Deere & Co. recently announced more job cuts at three Midwest production facilities due to softening demand for tractors and combines.

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Manufacturing Shortliner News 

Deere Warning a Win for Right-to-Repair Advocates

June 19, 2024June 19, 2024 Gina Clark Right to Repair, Deere, Montana Farmers Union

Montana Farmers Union President Walter Schweitzer sees the EPA’s recent warning to John Deere as a significant win for farmers’ right to repair. The warning addressed Deere’s equipment manuals that limit emissions control system repairs to authorized dealers, potentially violating the law.

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Shortliner News 

Deere to pay $1M in Discrimination Case

June 18, 2024June 18, 2024 Gina Clark Deere, lawsuit

Deere and Co. will pay $1.1 million in back wages to hundreds of Black and Hispanic job applicants who say they weren’t hired because of their race.

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Shortliner News 

Deere Plans to Shift Production Amidst Midwest Manufacturing Slump

June 5, 2024June 19, 2024 Gina Clark Deere, Ernie Goss

Since January 2024, John Deere has laid off 650 workers between locations in central and eastern Iowa and more could be on the way.

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Shortliner News 

Deere Reports Second Quarter Net Income

May 16, 2024May 23, 2024 Gina Clark Deere, Q2 Earnings

Deere & Company reported net income of $2.370 billion for the second quarter ended April 28, 2024, or $8.53 per share, compared with net income of $2.860 billion, or $9.65 per share, for the quarter ended April 30, 2023.

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Shortliner News 

Deere Lays Off 34 Moline Cylinder Works Employees

May 9, 2024May 23, 2024 Gina Clark Deere, layoffs

John Deere is laying off 34 production employees at its Moline Cylinder Works factory at the end of the month.

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Manufacturing Shortliner News 

Deere Lays Off 308 Employees at Waterloo Works

March 27, 2024April 15, 2024 Gina Clark Deere, layoffs, Waterloo

John Deere will be laying off more than 300 employees in Waterloo, IA in late April.

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Shortliner News 

Deere Cuts Profit Outlook: Borrowing Costs Hurt Tractor Demand

February 15, 2024March 20, 2024 Gina Clark Deere, Q1 Earnings

Deere’s sales for production and precision agriculture equipment, its largest division, declined 7% year-over-year in the fiscal first quarter. Revenue for equipment operations fell 8% to $10.5 billion year over year, but topped consensus forecasts of $10.3 billion.

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Shortliner News 

Deere Right-to-Repair Lawsuit to Continue

November 30, 2023November 30, 2023 Gina Clark Deere

A federal judge on Monday said Deere & Company must face claims from crop farms and farmers that the agricultural machinery maker has unlawfully conspired to restrict services for maintenance and repair.

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Shortliner News 

Deere Reports Q4 Earnings

November 30, 2023November 30, 2023 Gina Clark Deere, Q4 Earnings

Deere reported net income of $2.369 billion for the fourth quarter ended Oct. 29, 2023,

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Shortliner News 

Deere Reports $61.3 Billion in Q4 Earnings

November 27, 2023November 27, 2023 Gina Clark Deere, Q4 Earnings

Deere & Company reported net income of $2.369 billion for the fourth quarter ended Oct. 29, 2023.

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Shortliner News Ag 

Deere Partners with DeLaval for Sustainable Milk Production

September 27, 2023September 28, 2023 Gina Clark Deere, DeLaval, Dairy Farming Machinery, Milk Sustainability

John Deere and DeLaval, a producer of dairy and farming machinery, have joined efforts to create the Milk Sustainability Center

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Shortliner News 

Deere Announces Layoff for Over 200 Workers in East Moline

September 22, 2023September 22, 2023 Gina Clark Deere, layoffs

John Deere announced it will be placing over 200 production employees on an indefinite layoff effective Oct. 16.

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Shortliner News Dealer News 

Deere Dealer King Ranch Ag & Turf Acquires Brookside

September 19, 2023September 27, 2023 Gina Clark Deere, Dealer King Ag & Turf, Brookside Equipment

King Ranch Ag & Turf, which provides John Deere agricultural, commercial and lawn and garden products throughout Texas, announced the acquisition of Brookside Equipment, a John Deere dealership group with 9 stores throughout the Houston, Texas, area.

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Shortliner News 

Deere Reports Q3 Income of $2.978 Billion

August 18, 2023 Gina Clark Deere, Q3 Results

Deere reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share.

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Shortliner News Dealer News 

Dealer News: 21st Century Appoints New VP of Precision Ag

August 2, 2023August 2, 2023 Gina Clark Deere, 21st Century Equipment, Precision Ag

John Deere dealer 21st Century Equipment said it named Mike Wemhoff as vice president of precision ag technology.

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Shortliner News 

John Deere Acquires Smart Apply

July 31, 2023July 26, 2023 Gina Clark Deere, Smart Apply

John Deere has acquired Smart Apply, a precision spraying equipment company based in Indianapolis, Indiana.

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Shortliner News Dealer News 

Dealer News: Two Deere Dealer Groups Join Forces

July 14, 2023July 26, 2023 Gina Clark Deere, Association Merger, Truland Equipment

TTG Equipment of Bluffton and Kenn-Feld Group of Van Wert, Ohio, will merge as equals in late summer.

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Shortliner News 

John Deere and EGO Form Distribution Partnership

June 29, 2023June 29, 2023 Gina Clark Deere, EGO

Chervon announced a strategic agreement with John Deere. The agreement will allow the brands to provide users with EGO battery-powered lawn care solutions through John Deere dealers.

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Shortliner News 

Deere Announces Senior Leadership Changes

June 5, 2023June 5, 2023 Gina Clark Deere, leadership

Deere & Company recently announced that its Board of Directors elected Jahmy Hindman senior vice president in addition to his current position as chief technology officer, which he has held since 2020.

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Shortliner News 

Deere Reports Second Quarter Earnings

May 22, 2023May 22, 2023 Gina Clark Deere, Q2 Earnings

Deere & Company reported net income of $2.860 billion for the second quarter ended April 30, 2023

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Manufacturing Shortliner News Featured - Home Small 

Colorado Passes Right-to-Repair Bill

April 14, 2023April 19, 2023 Gina Clark Right to Repair, Deere, Colarado

Colorado legislators passed the nation’s first agriculture equipment right-to-repair bill Tuesday.

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Manufacturing Shortliner News Featured - Home Small 

Farm Equip Mfrs. Hope to Lure Silicon Valley Tech Workers

March 3, 2023March 9, 2023 Gina Clark Deere, CNH, Caterpillar, Silicon Valley

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.

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Shortliner News 

Deere Employee Fired Over Battery Safety Risks

February 21, 2023February 21, 2023 Gina Clark Deere, Battery Safety

A former John Deere employee is suing the company, saying he was fired for raising safety concerns over electric batteries.

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Shortliner News 

Deere Reports Q1 Earnings

February 20, 2023February 22, 2023 Gina Clark Earnings Report, Deere

Deere & Company reported net income of $1.959 billion for the first quarter ended January 29, 2023, or $6.55 per share.

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Shortliner News Legislative 

Deere Seeks to Dismiss Class Action on Right-to-Repair

January 26, 2023February 27, 2023 Gina Clark Right to Repair, Deere, Class Action Lawsuit

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
Shortliner News Legislative Featured - Home Small 

EPA Sued for Not Enforcing Clean Air Act

January 24, 2023January 31, 2023 Gina Clark Deere, EPA, lawsuit, Willie Cade

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
Shortliner News 

Deere Says Farmers Can Fix Their Tractors—Sometimes

January 13, 2023January 17, 2023 Gina Clark Right to Repair, Deere, Farm Bureau Federation

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.

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Shortliner News Featured - Home Small 

Farmers Win Right-to-Repair Deere Equipment

January 9, 2023January 11, 2023 Gina Clark Right to Repair, Deere

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
Manufacturing Shortliner News 

Deere Predicts ‘Total Autonomy’ by 2030

December 12, 2022December 12, 2022 Gina Clark Deere, soybeans, corn

Deere & Co. says corn and soybean production in the US could be fully autonomous by 2030.

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Shortliner News 

Deere Q4 Earnings Exceed Wall Street Expectations

November 29, 2022November 29, 2022 Gina Clark Deere, Financial Results

Deere & 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.

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Shortliner News 

New CFO for Deere

September 12, 2022September 13, 2022 Gina Clark Deere, leadership

Deere & Company announced that its Board of Directors elected Josh Jepsen, 44, as Senior Vice President and Chief Financial Officer.

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Manufacturing Shortliner 

Deere Reports Q3 Results

August 19, 2022August 23, 2022 Vernon Schmidt Deere, Earning Report

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.

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Shortliner 

Deere Announces Senior VP & Chief People Officer

August 5, 2022August 5, 2022 Vernon Schmidt Deere, Chief People Officer

Deere & Company has announced former BorgWarner and Ford Motor Company executive, Felecia Pryor will join its senior leadership team as Senior Vice President

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Shortliner 

IAM Begins Negotiations With Deere On A New Contract

August 5, 2022August 9, 2022 Vernon Schmidt Deere, Union

Deere begins contract negotiations with union at Horicon Works.

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Shortliner 

Gates Gives Deere Stock to Foundation

July 25, 2022July 27, 2022 Vernon Schmidt Deere, Bill Gates

Co-founder of Microsoft Corp. transferred more than 3 million shares of Deere stock to the foundation on Thursday from Cascade Investment LLC

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Manufacturing Shortliner News 

Deere Moving More Production to Mexico

July 22, 2022July 22, 2022 Vernon Schmidt Deere

Deere has announced it will move mower conditioner production from Ottumwa to Mexico by the end of 2023.

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