The John Deere agricultural dealers in the state have teamed up to contribute $60,000 for disaster relief with donations being distributed to a variety of programs aiding farmers, ranchers and rural communities.
Moline-based Deere & Co. announced Friday that its Board of Directors has elected John C. May, 49, president and chief operating officer, effective April 1.
Deere & Co. reported net income of $498.5 million for the first quarter ended Jan. 27, 2019 compared with a net loss of $535.1 million for the quarter ended Jan. 28, 2018.
Deere & Co. is launching the Startup Collaborator program in its Intelligent Solutions Group to enhance and deepen its interaction with startup companies whose technology could add value for John Deere customers.
John D. Lagemann has been elected 2019 Chair of the Assn. of Equipment Manufacturers. He previously served as chair of the ag sector board for the association.
An old Danish proverb says it best: “It is difficult to make predictions, especially about the future.” Last Friday, Deere & Co. issued its 2018 fiscal year earnings report and, to say the least, the Big Green Machine had a pretty good year.
Max Guinn is retiring after 38 years of service at Deere. After joining Deere as an engineer in 1980, his career included a variety of management and leadership assignments. James Field, who had been a president in Deere’s Agriculture & Turf Division, will succeed Guinn as president of Worldwide Construction & Forestry.
In this podcast we report on Deere & Co.'s third quarter earnings, which saw net sales increase 32%. In the Technology Corner, Jack Zemlicka discusses precision farming dealers' 5-year investment projections. With uncertainty stemming from tariffs, trade and commodity prices we also look at how manufacturers, dealers and producers are responding. Finally, according to the Federal Reserve Bank of Minneapolis, farm income, capital spending and farmland values are all down.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
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