John Deere News, Videos, and Information

Fri December 17, 2010

Deere & Co. Sells Wind-Energy Business to Exelon Corp.

MOLINE, Ill. (AP) Deere & Co. completed the $900 million sale of its wind-energy business to a subsidiary of power generator Exelon Corp. The company said Dec. 10 it sold John Deere Renewables LLC to focus on its core farm-equipment business....

Sun December 05, 2010

Central Texas John Deere Construction Dealer Goes Green

RDO Equipment Co. in Hewitt, Texas, significantly reduced its carbon footprint with a new energy-efficient lighting system from Energy Solutions of Texas. “We’re excited about the opportunities this new lighting system will bring,” said Cory Kosse, general manager at RDO Equipment Co....

Fri November 26, 2010

Deere Completes Strong Year With Fourth-Quarter Earnings

Net income attributable to Deere & Company was $457.2 million, or $1.07 per share, for the fourth quarter ended Oct. 31, compared with a net loss of $222.8 million, or $0.53 per share, for the same period last year....

Wed November 03, 2010

John Deere Financial Is New Name for Division of Deere & Company

Deere & Company is introducing a new name — John Deere Financial — for its business unit that offers credit and other financial services. The change is being made to better represent the full breadth of products and services offered by the business....

Fri October 08, 2010

Deere 850D Sells for $315K at Hunyady Sale in Telford, Pa.

Hunyady Auction Company held a sale Sept. 22 in Telford, Pa. Going on the block was equipment from SunTrust Equipment Finance and Leasing Corp., along with All Points Capital Corp. and Co Active Capital Partners Inc....

Fri September 24, 2010

John Deere Builds 500,000th Gator Utility Vehicle

The John Deere Horicon Works announced Sept. 22 production of the company’s 500,000th Gator utility vehicle. “Reaching this milestone of building 500,000 Gators is a significant accomplishment for our company, our employees and our customers,” said Dan Hoffman, factory manager, John Deere Horicon Works....

Fri September 10, 2010

Deere Responds to Customers’ Soil Challenges with New Construction Offset Disks

John Deere Construction & Forestry has introduced three new series of Frontier construction offset disks for its dozers and scraper tractors with heavy weight-per-blade ratios to help users cut deep into tough, compacted soil....

Christopher Leonard - Fri September 10, 2010

Deere Sells Wind Energy Business for $900M

T. LOUIS (AP) Energy company Exelon Corp. said Aug. 31 it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling an active merger and acquisition period ahead for the power industry....

Josh Funk - AP BUSINESS WRITER - Thu August 19, 2010

Deere 3Q Profit Up 47 Percent

OMAHA, Nebraska (AP) Deere & Co. said Aug. 18 its third-quarter profit grew 47 percent with American and Canadian farmers buying enough of the company’s large equipment to offset a sharp downturn in Europe....

Tue July 13, 2010

Waterloo Plant Gets $100M Deere Investment

MOLINE, Ill. (AP) Deere & Co. has announced it will invest about $100 million to modernize the John Deere Foundry in Waterloo, Iowa. According to Deere, the modernization work will take place over the next 4 to 5 years....