Deere to Invest $58M in John Deere Seeding Operations
Deere & Company (NYSE: DE) said today it will invest approximately $58 million to enhance operations at John Deere Seeding in Moline where the company manufactures planting equipment.
The investment will be made in conjunction with the implementation of a new factory master plan that targets enhancements in efficiency and quality. Improvements include a new paint system and increased use of automation and robotics.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.