The Bridgestone farm tire manufacturing plant in Des Moines, Iowa, will lay off 69 workers, beginning this week, due to softer demand for farm equipment, the company said Wednesday.
An Eastern Iowa agricultural machinery manufacturer laid off 21 employees this week, the latest equipment maker to respond to a slowing farm machinery market due to low commodity prices.
Governor Terry Branstad is blaming the U.S. Environmental Protection Agency for the recent layoffs at Deere and Company. Deere announced last week that over 100 people will be laid off indefinitely from its plant in Ankeny, then yesterday, Deere announced 460 people will be laid off at its tractor factory in Waterloo.
Deere announced it will reduce the size of its manufacturing workforce at some agricultural equipment factories in response to current market demand for its products.
Deere & Co., says it would lay off 367 workers at its primary harvester factory in East Moline, Illinois, and idle most of the plant's other employees for a month
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
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