In its February/March 2013 presentation to investors, Deere & Co. drew attention to the growing importance of the worldwide market for its equipment. According to Deere, its equipment sales outside the U.S. and Canada in fiscal year 2012 were over four times the level it saw in fiscal year 2000.
The world's largest farm equipment maker, Deere & Co., reported last week that its first-quarter net income grew by 22% as the strong upward trend in ag machinery sales continued to demonstrate that ag fundamentals remain strong going into the 2013 planting season.
In its May/June presentation for investors, Deere & Co. outlined the steps it is taking to reach its goal of doubling its net sales to $50 billion by 2018.
Leica Geosystems has entered into a software license agreement with Deere & Co. to provide guidance software for a range of new AutoTrac Ready tractor models directly via the ISOBUS.
Deere & Co. officials broke ground today on the company's second tractor factory in India, announcing the facility will be constructed in Dewas, which is located northeast of Indore, the largest city in the state of Madhya Pradesh.
In addition to reporting a record $2.8 billion income for the year, last Wednesday, Deere & Co. reported that its fourth-quarter income rose 46% on a 20% increase in sales and revenues.
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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