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 & 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 &
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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 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.
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Deere 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.
Read moreDeere 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.
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Assembled Products, Inc. has been named an Enterprise Supply Management Supplier of the Year by John Deere. The Urbandale, Iowa,
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