Kinze Challenges Deere to a Planting Contest
Kinze President Susanne Veatch has invited Deere to a planter race. The winner gets bragging rights. The loser donates to Habitat for Humanity.
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Deere
Association of Black Farmers Persists in Deere Boycott
Deere 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 to Expand in Australia, New Zealand
Deere’s business in Australia, New Zealand, Asia, Africa and the Middle East accounts for almost 10 percent of the company’s total revenue.
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Former Deere Exec Joins Ford
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 moreDeere’s Lagemann Elects to Retire
The senior vice president of Ag &Turf will retire Oct. 31. Succeeding him will be Dave Gilmore, a 30-year veteran at Deere.
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Bell Equipment Will Stop Exclusively Selling Deere
Bell 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 Announces Employee Buyouts, New Leaders
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 Announces New Model, Leadership Changes
Deere has announced a new operating model and a series of leadership changes to support the model.
Read moreSales Fall in Deere’s Second Quarter
The loss of potentially $1 billion in net income is a microcosm of how the pandemic is impacting the agriculture supply chain and farmers.
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Deere Reports 2Q Results
Agriculture & Turf sales down 18% from same quarter last year Forecast to decline 10 to 15 percent for fiscal
Read moreDeere Pauses Production, Lays Off Workers
The pause in production is expected to last 15 days. It is the result of disruption in the supply chain and weakened demand.
Read moreFarm Equipment Makers, Related Industries React
Deere, 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 Suspends Operations in Brazil
Deere & Co. is halting production in agricultural behemoth Brazil as the coronavirus outbreak erodes sales for the world’s biggest
Read moreDeere Reports Earnings, Allen Resigns as Board Chair
Deere recently reported better-than-expected fiscal first-quarter results and said the U.S. farming industry is showing signs of improvement.
Read moreCNH, Deere Announce Layoffs
Deere plans to lay off 42 workers in Waterloo, Iowa. The Case New Holland plant in Fargo, N.D. is laying off 35 people.
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Allen elects to retire as Deere Board chairman
After a 45-year career, Samuel R. Allen has elected to retire May 1 from his current position as chairman of the Deere &
Read moreDeere Reports 1Q results – Says ‘farmer confidence, though still subdued, has improved’
Deere’s agriculture and turf division fell 4 percent from the year prior to $4.49 billion during the three months through Feb. 2.
Read moreDeere Downsizes at Construction, Forestry Plant
John Deere Dubuque Works announced Friday that it will lay off 105 employees.
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Jury Awards $5 Million to Widow in Tractor Fatality
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.
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Deere Discusses Plan to Boost Profits
Deere & 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 Reduces Workforce
Deere recently announced indefinite layoffs amid demand woes.
Read moreDeere Turns to U.S. After Growth Overseas Stalls
John 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.
Read moreDeere Sues Former Employee, Husband-Wife Duo Over Trade Secrets
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.
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Deere sues two former employees over trade secrets
Deere & Co. filed suit last week in U.S. District Court against two former employees for allegedly stealing trade secrets.
Read moreDeere’s Quarterly Report Shows Sales Dip
For 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 moreDeere Names New CEO
The 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 moreDeere Honors Member
Assembled Products, Inc. has been named an Enterprise Supply Management Supplier of the Year by John Deere. The Urbandale, Iowa,
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