Market Overview

Deere to Invest $58M in John Deere Seeding Operations

Related DE
Barron's Picks And Pans: CBS, Capital One, Spirit Airlines And More
Deutsche Bank Initiates Coverage On 17 U.S. Machinery Stocks
Value Conference Speakers' Stock Recommendations Return 8.5% - More Than Twice S&P 5…… (GuruFocus)

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


Related Articles (DE)

View Comments and Join the Discussion!