Market Overview

Deere to Invest $58M in John Deere Seeding Operations

Related DE
Markets Close The Week On Negative Note As Ukraine Worries Mount
Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Monsanto Unit Reports Data Breach (Fox Business)

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.

Posted-In: News


Most Popular

Related Articles (DE)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters