Wikipedia

John Deere

(Redirected from Deere and Company)
This article is about the company. For the person, see John Deere (inventor). For the tractor, see List of John Deere tractors.

Deere & Company, doing business as John Deere (/ˈdʒɒnˈdɪər/), is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment and lawn care equipment. It also provides financial services and other related activities.

Deere & Company
Company typePublic
Industry
Founded1837; 187 years ago (1837), in Grand Detour, Illinois, U.S.[1]
FounderJohn Deere
Headquarters
Moline, Illinois
,
U.S.
Area served
Worldwide
Key people
John C. May (chairman, CEO & president)
Products
ServicesFinancial services
RevenueIncrease US$61.25 billion (2023)
Increase US$13.02 billion (2023)
Increase US$10.17 billion (2023)
Total assetsIncrease US$104.1 billion (2023)
Total equityIncrease US$21.79 billion (2023)
Number of employees
c. 83,000 (October 2023)
SubsidiariesNortrax, Vapormatic, Hagie, Monosem, Blue River Technology, Harvest Profit, Navcom Technology, OnGolf, Lesco, Unimil, John Deere Financial, Bear Flag Robotics
Websitedeere.com
Footnotes / references
Financials as of October 29, 2023[2]

Deere & Company is listed on the New York Stock Exchange under the symbol DE.[3] The company's slogan is "Nothing Runs Like a Deere", and its logo is a leaping deer with the words "John Deere". It has used various logos incorporating a leaping deer for over 155 years. It is headquartered in Moline, Illinois.

It ranked No. 84 in the 2022 Fortune 500 list of the largest United States corporations.[4] Its tractor series include D series, E series, Specialty Tractors, Super Heavy Duty Tractors, and JDLink.

History

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19th century

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Deere & Company began when John Deere, born in Rutland, Vermont, United States, on February 7, 1804, moved to Grand Detour, Illinois, in 1836,[5] to escape bankruptcy in Vermont. Already an established blacksmith, Deere opened a 1,378-square-foot (128 m2) shop in Grand Detour in 1837, which allowed him to serve as a general repairman in the village, as well as a manufacturer of tools such as pitchforks and shovels. Tools were just a start; the item that set him apart was the self-scouring steel plow, which was pioneered in 1837 when John Deere fashioned a Scottish steel saw blade into a plow.[6] Prior to Deere's steel plow, most farmers used iron or wooden plows to which the rich Midwestern soil stuck, so they had to be cleaned frequently. Deere created a highly polished steel surface that allowed the soil to slide easily.[7] This tool addressed the difficulty of tilling the Prairie State's soil[8] and greatly aided migration into the American Great Plains in the 19th and early 20th centuries.

The traditional way of doing business was to make the product as, and when, it was ordered. This style was very slow. As Deere realized that this was not going to be a viable business model, he increased the rate of production by manufacturing plows before putting them up for sale; this allowed customers to not only see what they were buying beforehand but also allowed his customers to purchase his products straight away. Word of his products began to spread quickly.

 
John Deere plow c. 1845
 
Horse-drawn manure spreader

In early 1843, Deere entered a business partnership with Leonard Andrus[9] and purchased land for the construction of a new, two-story factory along the Rock River in Illinois. It used water power to operate machineries.[10] This factory, named the "L. Andrus Plough Manufacturer", produced about 100 plows in 1842, and around 400 plows during the next year. Deere's partnership with Andrus ended in 1848, and Deere relocated to Moline, Illinois, to have access to the railroad and the Mississippi River. There, Deere formed a partnership with Robert Tate[11] and built a 1,440-square-foot (134 m2) factory the same year. John Gould was later brought in to manage the accounts.[11] Production rose quickly, and by 1849, the Deere, Tate & Gould Company was producing over 200 plows a month. A two-story addition to the plant was built, allowing further production.

 
Company logo used between 1876 and 1912

Deere bought out Tate and Gould's interests in the company in 1853, and was joined in the business by his son Charles Deere.[11] At that time, the company was manufacturing a variety of farm equipment products in addition to plows, including wagons, corn planters, and cultivators.[12] In 1857, the company's production totals reached almost 1,120 implements per month. In 1858, a nationwide financial recession took a toll on the company. During this period, the company announced its work on a steam engine that will pull its plow but the product did not materialize.[13] To prevent bankruptcy, the company was reorganized and Deere turned over his interests in the business to his son-in-law, Christopher Webber, and his son, Charles Deere, who would take on most of his father's managerial roles.[14] John Deere served as president of the company until his retirement in April 1886, but died one month later in May 1886 in Moline, Illinois.[15] The company was reorganized again in 1868 when it was incorporated as Deere & Company.[7] While the company's original stockholders were Charles Deere, Stephen Velie, George Vinton, and John Deere, Charles effectively ran the company. In 1869, Charles began to introduce marketing centers and independent retail dealers to advance the company's sales nationwide. This same year, Deere & Company won "Best and Greatest Display of Plows in Variety" at the 17th Annual Illinois State Fair, for which it won $10 and a silver medal.[16]

The core focus remained on the agricultural implements, but John Deere also made a few bicycles in the 1890s.[17]

20th century

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John Deere Plow & Cultivators Co.'s New Orleans House, 1903

Increased competition during the early 1900s from the new International Harvester Company led the company to expand its offerings in the implement business, but the production of gasoline tractors came to define Deere & Company's operations during the 20th century.

 
Company logo used between 1912 and 1936

In 1912, Deere & Company president William Butterworth (Charles' son-in-law), who had replaced Charles Deere after his death in 1907, began the company's expansion into the tractor business.[18] Deere & Company briefly experimented with its own tractor models, the most successful of which was the Dain All-Wheel-Drive, but in the end decided to continue its foray into the tractor business by purchasing the Waterloo Gasoline Engine Company in 1918, which manufactured the popular Waterloo Boy tractor at its facilities in Waterloo, Iowa. Deere & Company continued to sell tractors under the Waterloo Boy name until 1923, when the John Deere Model D was introduced.[19] The company continues to manufacture a large percentage of its tractors in Waterloo, Iowa, namely the 7R, 8R, and 9R series.

The company produced its first combine harvester, the John Deere No. 2, in 1927. This featured improvements and modifications to Model D such as higher power level due to increased cylinder bore.[20] A year later, this innovation was followed up by the introduction of John Deere No. 1, a smaller machine that was more popular with customers. By 1929, the No. 1 and No. 2 were replaced by newer, lighter-weight harvesters. In the 1930s, John Deere and other farm equipment manufacturers began developing hillside harvesting technology. Harvesters now had the ability to effectively use their combines to harvest grain on hillsides with up to a 50% slope gradient.[21]

On an episode of the Travel Channel series Made in America that profiled Deere & Company, host John Ratzenberger stated that the company never repossessed any equipment from American farmers during the Great Depression.[22]

During World War II, the great-grandson of John Deere, Charles Deere Wiman, was president of the company, but he accepted a commission as a colonel in the U.S. Army. Burton F. Peek was hired as president during this period. Before Wiman returned to work at the company in late 1944, he directed the farm machinery and equipment division of the War Production Board.[23] In addition to farm machinery, John Deere manufactured military tractors, and transmissions for the M3 tank. They also made aircraft parts, ammunition, and mobile laundry units to support the war effort.[24]

In 1947, John Deere introduced its first self-propelled combine, model 55. It was soon followed by the smaller models 40 and 45, the larger model 95, and an even larger model 105 was introduced in the 1960s. In the mid-1950s, Deere introduced an attachable corn head, allowing corn producers to use their combine to pick, shell, and clean corn in one smooth operation.[21]

In 1956, Deere & Company bought-out the German tractor manufacturer, Heinrich Lanz AG (see Lanz Bulldog).

 
A John Deere-Lanz 700 tractor
 
John Deere 7920 used by a track construction company
 
The John Deere 8530.

In the last months of 1958, John Deere constructed a factory in northern Rosario, Argentina.[25] In Argentina, the make was managed by Agar Cross & Co.[26] John Deere made the following models of tractors in Argentina: 445,[27] 730;[28] the models of the series 20 like 1420,[29] 2420,[30] 3420, 4420;[31] the models of the serie 30 like 2330,[32] 2530, 2730,[33] 3330,[34] 3530,[35] 4530;[36] the models of the serie 40 like 2140,[37] 3140 / 3140 DT, 3440,[38] 3540[39] and the last made in Baigorria of the serie 50 like 2850, 3350, 3550[40] until 1994. Seventeen years later, (in 2011) the Argentinian plant returns the assembly of tractors with the following models: 5036C, 5045D (45 HP) Serie 5D, 5045E (45 HP) Serie 5E, 5065E (65 HP) Serie 5E, 5075E (75 HP) Serie 5E, 5425N (77 HP) Serie 5000, 5725 (92 HP) Serie 5025, 5725HC (92 HP) Serie 5025, 5090E, 5090EH, 5076EF, 6110J, 6130J, 6145J and 6165J.

Plus, in 2012, added in SKD/CKD format, the assembly of combine harvesters 9570 STS Serie 70, 9470 STS, 9670 STS and 9770 STS.[41]

Also, with the green line, the Argentinian facility made some backhoe loaders and motor graders like 570 A/B,[42] 544 A/B,[43] 507, 308, 200[44] and the 627, 727 model tractors.

On August 30, 1960, John Deere dealers from around the world converged on Dallas, Texas, for an unprecedented product showcase. Deere Day in Dallas, as the event was called, introduced the world to the "New Generation of Power", the company's first modern four-cylinder and six-cylinder tractors, during a day packed with high-tech presentations, live demonstrations, and a parking lot full of brand-new green and yellow machines. The line of tractors introduced that day was five years in the making, and the event itself took months to plan. Deere chose Dallas to host the event partly because it was home to facilities large enough to accommodate the 6,000 guests and the equipment they were all there to see. The Dallas Memorial Auditorium, the Texas State Fairgrounds Coliseum, the Cotton Bowl, and the Cotton Bowl parking lot were each the site of part of the event. During the event, a new John Deere tractor with a diamond-covered nameplate was displayed for all to see inside Neiman-Marcus, a popular Dallas-based department store.

According to information released by the company at the time of the event, John Deere dealers and key employees came to Dallas via the "largest commercial airlift of its type ever attempted". During the 24 hours leading up to the event, 16 airlines brought Deere employees and salespeople from all over the United States and Canada to Love Field in Dallas. Bill Hewitt, then chairman and CEO of Deere & Company, welcomed the dealers and introduced the new tractors. Hewitt told the guests they were about to see "a line of entirely new tractors – completely modern in every respect – with outstanding features not duplicated in any other make of tractor".

Since entering the tractor business in 1918, John Deere had focused on two-cylinder machines. The New Generation of Power introduced at Deere Day in Dallas was very different from anything Deere had built before. The new line of four- and six-cylinder tractors, the models 1010, 2010, 3010, and 4010, were far more powerful than Deere's two-cylinder models, and also easier and more comfortable to operate, with conveniently located controls, better visibility, and improved seat suspension. These new tractors were also easier to service.[45]

The 4010 was rated at 80 horsepower in 1960, but tested at 84 horsepower during testing trials, making it one of the most powerful two-wheel-drive farm tractors at that time. The 4010 was the predecessor to the 4020, which is widely regarded as the most popular tractor ever produced by John Deere, and perhaps any tractor manufacturer in the United States. Although the 4020, which was available with Deere's optional Power Shift, enjoyed greater popularity, the 4010 moved John Deere into the modern era of farm tractor technology and design following its successful history as a tractor manufacturer that was by the late 1950s experiencing waning market share due to its outdated technology.

In addition to the advanced engine technology, the "10" series tractors offered many other upgrades from the older two-cylinder models they replaced, including significantly higher horsepower-to-weight ratio, advanced hydraulics, more convenient and comfortable operator stations, and many other improvements. Of the "10" series John Deere tractors introduced in 1960, the 4010 was by far the most popular, with more than 58,000 units sold from 1960 to 1963. The success of the "10" series John Deere tractors, led by the 4010, helped propel John Deere from a 23% market share in 1959 to 34% by 1964 when the 4020 was introduced, making it the top manufacturer of farm equipment in the United States.[46][47][48]

In 1972, Deere introduced its new Generation II 'Sound Idea Tractors', the 4030, 4230, 4430, and 4630. While these tractors were mechanically similar to the New Generation tractors they replaced, and the 4230, 4430, and 4630 used a 404-cubic-inch displacement engine like the 4020, they featured redesigned sheet metal and most importantly they were available with an optional completely integrated operator's cab that John Deere called the Sound Gard body. This insulated cab that included a roll-over protective structure had a distinctive rounded windshield and came equipped with heat and air conditioning, as well as speakers for an optional radio. An 8-track tape player was also available as an option. The 5020 was replaced by the very similar 6030 and continued in production with New Generation styling until 1977 when the 30 Series tractors were replaced by Deere's 'Iron Horses' series that included the 90-hp 4040, 110-hp 4240, 130-hp 4440, 150-HP 4640, and 180-hp 4840. The 4240, 4440, 4640, and 4840 featured a new 466-cubic-inch displacement engine, and improvements to the cab including an optional hydraulic seat for a smoother ride. The Sound Gard body and 8-speed Power Shift transmission were standard equipment on the 4840.

In 1983, Deere introduced the 4050, 4250, 4450, 4650, and 4850. These tractors were essentially the same machines as the Iron Horses they replaced, but with significant upgrades. They offered a new 15-speed PowerShift transmission and were available with an optional mechanical front-wheel drive featuring caster action for better traction and a tighter turning radius. They also featured cosmetic upgrades, including a new light brown cab interior, instead of the black interior on previous models. These tractors were followed in the late 80s by the mechanically similar 55 and 60 series tractors before they were replaced by Deere's completely redesigned 7000 and 8000 series tractors in the early 1990s.

In the 1962 Illinois Manufacturers Directory (50th-anniversary edition), John Deere, listed as Deere and Company, claimed a total workforce of 35,000, of which 9,000 were in Illinois. The corporate headquarters were located at 1325 Third Ave. in Moline, Illinois, with six manufacturing plants located around that city and a seventh plant in Hoopeston, Illinois. The six plants in Moline were listed as:

  • John Deere Harvester Works at 1100 - 13th Ave., East Moline, where 3,000 employees made agricultural implements
  • John Deere Industrial Equipment Works at 301 Third Ave., Moline, where 500 employees made earth-moving equipment
  • John Deere Malleable Works at 1335-13th Street, East Moline, where 600 employees made malleable and nodular iron castings
  • John Deere Planter Works at 501 Third Ave., Moline, where 1,000 employees made agricultural implements
  • John Deere Plow Works at 1225 Third Ave., Moline, where 1,100 employees made agricultural implements
  • John Deere Spreader Works at 1209-13th Ave., Moline where 800 employees made agricultural implements

The John Deere Vermilion Works was located at North Sixth Ave., Hoopeston, Illinois, where 140 employees were listed as making iron work and implement parts. Moline, with 42,705 residents in 1962, had the local 7,000 employees of John Deere represent 16% of the city's entire population.[49]

In 1969, John Deere followed its New Generation tractors of the 1960s with a New Generation of combines. These included the 3300, 4400, 6600, and 7700. These models were also the first to come with Quik-Tatch header mounting capabilities as standard equipment. In the 1980s, these combines were followed by the 4420, 6620, 7720, and 8820 that were essentially updated and improved versions of the previous models with larger capacity, a better cab, and easier maintenance and service. The 4420 was discontinued in 1984 and replaced by the 4425 combines imported from Germany, and the 6620, 7720, and 8820 received the Titan II updates.

In 1989, Deere replaced the 6620, 7720, and 8820 with a new line of completely redesigned 'Maximizer' combines that included the 9400, 9500, and 9600 walker combines. These combines featured a center-mounted cab, rear-mounted engine, and more comforts in the cab. Also in 1989, Deere was inducted into the National Inventors Hall of Fame. In 1997, Deere celebrated 50 years of self-propelled combine production, and the 1997 models featured a 50th-anniversary decal. In 1998, the 9410, 9510, and 9610 were introduced. These were essentially the same machines, but with minor upgrades. Deere dealers offered '10 series' upgrades to owners of older 9000 series Maximizer combines. In 1999, Deere introduced the 50 series Maximizer combines. These machines featured significant cosmetic upgrades including a more streamlined appearance, improved ergonomics in the cab, PTO shaft-style header hook-up, and the larger models were available as rotary machines which were a complete departure from the combines that Deere had built in the past.[50]

In the late 1970s, International Harvester had pioneered rotary combines with their Axial flow machines and were soon followed by other manufacturers, but Deere continued to build only conventional walker combines through the 1980s and 1990s. In 1999, John Deere introduced the Single-Tine Separation (STS) system on its 9550, 9650, and 9750 combines, representing a step forward in rotary combine technology. The STS system uses less horsepower and improves material handling.[21]

21st century

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As of 2018, Deere & Company employed about 67,000 people worldwide, of which half are in the United States and Canada, and is the largest agriculture machinery company in the world. In August 2014, the company announced it was indefinitely laying off 600 of its workers at plants in Illinois, Iowa, and Kansas due to less demand for its products.[51] Inside the United States, the company's primary locations are its administrative center in Moline, Illinois, and manufacturing factories in central and southeastern United States.[52] As of 2016, the company experiments with an electric farm tractor.[53]

The logo of the leaping deer has been used by this company for over 155 years. Over the years, the logo has had minor changes and pieces removed. Some of the older style logos have the deer leaping over a log.[54][55] The company uses different logo colors for agricultural vs. construction products. The company's agricultural products are identifiable by a distinctive shade of green paint, with the inside border being yellow. By contrast, the construction products are identifiable by a shade of black with the deer being yellow, and the inside border also being yellow.

In September 2017, Deere & Company signed a definitive agreement to acquire Blue River Technology, which is based in Sunnyvale, California, and is applying machine learning to agriculture. Blue River has designed and integrated computer vision and machine learning technology that will enable growers to reduce the use of herbicides by spraying only where weeds are present.[56]

On August 29, 2019,[57] it was announced that Samuel R. Allen will step down as CEO and president of John Deere. John May, president of the Worldwide Agriculture and Turf and Integrated Solutions divisions will replace him in November 2019.

In October 2021, about 10,000 employees, unionized with the United Auto Workers, went on strike following an impasse in contract negotiations.[58]

In January 2022, the company introduced a self-driving tractor at the annual Consumer Electronics Show, designed for large-scale farming as opposed to existing comparable tractors designed for small-scale agriculture. It was part of a larger effort to develop so-called smart machines to make farming faster and more efficient than it would be relying on human labor, including through software, which would mean higher margins. The company said it wanted to "connect 1.5 million machines in service and a half billion acres in use to its cloud-based John Deere Operations Center."[59][60]

In June 2022, Deere announced it would cease production of its model 3710 moldboard plow but would continue to offer its model 995 reversible plow.

In July 2024, Deere announced it would lay off 600 employees in its midwest facilities and is considering moving the production of some components to Mexico.[61] The move shocked many as the company comes off an impressive 2023 financial year topping $10Bn in profits.[62][63] Donald Trump said he would impose 200% tariffs on Mexican made equipment.[64]

Non-serviceability by owners or third parties

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Late model John Deere farm equipment has been criticized for being impossible to be serviced or repaired by owners or third parties; only John Deere has access to computer code required for this and to accept non-John-Deere replacement parts. Remote locking by the manufacturer may also be possible. This effectively makes the equipment unusable without the continued involvement of John Deere.[65] It was reported that during the 2022 Russian invasion of Ukraine Russian troops stole Ukrainian farm equipment and took it back to Russia, but that the dealers who owned the equipment locked it remotely.[66]

John Deere's license covering the internal software on tractor control computers does not allow users or independent mechanics to modify the software.[67][68] This prevents repairs by farmers and creates a monopoly for John Deere dealerships.[69] John Deere claims user repair is forbidden by the Digital Millennium Copyright Act, through bypassing of digital rights management.[70] Groups including the Electronic Frontier Foundation have criticised this activity, being contrary to the right to repair.[71][72] Some farmers use Ukrainian versions of John Deere software to circumvent restrictions on repair.[73][74] In February 2022, the US Senate introduced a bill to allow farmers to perform their own repairs.[75][76] As of April 2022, right-to-repair bills had been introduced in 26 states.[77]

In June 2022, 13 lawsuits from farms and farmers, alleging that John Deere and its affiliated dealerships had unlawfully conspired to monopolize and restrain the market for repair and maintenance services of John Deere equipment, were consolidated in federal court in Illinois.[78] In February 2023, the United States Department of Justice filed a "statement of interest" in the case opposing a motion by John Deere to dismiss the case, arguing that restrictions on repair can harm both consumers and the public.[79] In November 2023, U.S. District Judge Iain Johnston denied John Deere's motion to dismiss the case, finding that the plaintiffs' complaint "is chock-full of factual allegations to support" the conclusion that "Deere has the ultimate control of the repair services market" for John Deere equipment.[80]

On January 9, 2023, John Deere signed a memorandum of understanding (MOU) with the American Farm Bureau Federation (AFBF) in which the company agreed to allow farmers and independent repair shops to purchase access to John Deere software, manuals, and other information needed to fix John Deere equipment.[81] Walter Schweitzer, President of the Montana Farmers Union, however, expressed skepticism about the agreement, pointing out that the private-sector MOU lacks a legal enforcement mechanism and allows the company to pull out of the MOU if any right-to-repair legislation is enacted.[82] Moreover, as part of the MOU, the AFBF agreed to encourage state farm bureaus to "refrain from introducing, promoting, or supporting federal or state 'Right to Repair' legislation that imposes obligations beyond the commitments in this MOU."[82]

Products

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John Deere manufactures a wide range of products, with several models of each in many cases.[83]

Agricultural equipment

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Agricultural products include, among others, tractors, combine harvesters, cotton harvesters, balers, planters/seeders, silage machines, and sprayers.

See also: List of John Deere tractors

Construction equipment

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Construction equipment includes:

Forestry equipment

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John Deere manufactures a range of forestry machinery, among others, harvesters, forwarders, skidders, feller bunchers and log loaders. Timberjack was a subsidiary of John Deere from 2000 to 2006.

Other products

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Other products the company manufactures include consumer and commercial equipment such as lawn mowers, compact utility tractors, snow throwers, snowmobiles, all-terrain vehicles, and StarFire (a wide-area differential GPS). It is also a supplier of diesel engines and powertrains (axles, transmissions, etc.) used especially in heavy equipment.[citation needed]

John Deere leasing has expanded to non-equipment loans. As of 2017, this is the leading division of John Deere. With a loan portfolio of $2 billion, it accounts for a third of John Deere's income.[84]

Factories

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The John Deere Pavilion in Moline, Illinois
 
Horicon Works in Horicon, Wisconsin
 
John Deere factory in Mannheim, Germany
 
John Deere representatives at the Encuentro Empresarial Coparmex in Chihuahua, Mexico.
 
New John Deere tractors on a barge, Mannheim Harbour
This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources.

Major North American factories include:

Other important factories:

  • John Deere Usine Saran (power systems), Fleury-les-Aubrais, France
  • John Deere Argentina (engines, tractors, and combine harvesters), Granadero Baigorria, Santa Fe, Argentina
  • John Deere Equipment Pvt Ltd (5000-series tractors), Pune, India
  • John Deere Equipment Pvt Ltd (5000-series tractors), Dewas, India
  • John Deere Electronic Solutions, Fargo, ND and Pune, India
  • John Deere Harvester Works, Sirhind-Fategarh, India
  • John Deere Werke Mannheim (6000-series tractors), Mannheim, Germany
  • John Deere Brasil: Montenegro, Rio Grande do Sul (tractors), Horizontina - RS (harvesters and planters), Catalão - GO (sugarcane harvesters)
  • John Deere Brasil Construction & Forestry (tractors and excavators), Indaiatuba, Brazil
  • John Deere Werke Zweibrücken (harvesting equipment), Zweibrücken, Germany
  • John Deere Fabriek Horst (pulled and self-propelled agricultural sprayers), Horst, The Netherlands
  • John Deere Forestry Oy (forwarders, wheeled harvesters), Joensuu, Finland
  • John Deere Reman,[86]
 
John Deere Combine harvesters being transported by railway on goods wagons in Tyrone, Pennsylvania, in the United States

Equipment divisions

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Name City/state Country Products Division Comments
Industrias John Deere Argentina S.A. Granadero Baigorria, Santa Fe Argentina Engines, tractors and combine harvesters Agriculture  
John Deere Limited Parts Distribution Center Derrimut, Victoria Australia   Agriculture  
Auteq Telematica S.A. São Paulo Brazil   Agriculture  
John Deere Brazil Ltda. - Unidade Catalão Catalão (GO) Brazil   Agriculture  
John Deere Brazil Ltda. - Unidade Horizontina Horizontina (RS) Brazil   Agriculture  
John Deere Brazil Ltda. - Unidade Montenegro Montenegro (RS) Brazil   Agriculture  
John Deere (Harbin) Agriculture Machinery Co., Ltd. Jiamusi, Heilongjiang China   Agriculture  
John Deere (Ningbo) Agriculture Machinery Co., Ltd. Zhenhai District, Ningbo China   Agriculture  
John Deere (Tianjin) Agriculture Machinery Co., Ltd. Tianjin China   Agriculture  
John Deere Usine d'Arc-les-Gray, France Gray Cedex France   Agriculture  
John Deere GmbH & Co. KG Bruchsal Germany   Agriculture  
John Deere GmbH & Co. KG Mannheim Germany   Agriculture  
Maschinenfabrik Kemper GmbH & Co.KG Stadtlohn Germany   Agriculture  
John Deere GmbH & Co. KG Zweibruecken Germany   Agriculture  
John Deere Equipment Private Ltd. Dist. Pune - 412208 Maharashtra India   Agriculture  
John Deere India Private Limited Patiala Punjab 147 001 India   Agriculture  
John Deere India Pvt. Ltd. Dewas (Madhya Pradesh) India   Agriculture  
John Deere BH Works Ltd Park Zvaim Israel   Agriculture  
John Deere Cylinder Internal Platform Ramos Arizpe, Coah. Mexico   Agriculture  
Industrias John Deere S.A. de C.V. Monterrey, N.L. Mexico   Agriculture  
Industrias John Deere, S.A. de C.V. Zona Centro, Saltillo, Coah. Mexico   Agriculture  
John Deere Ramos Ramos Arizpe, Coah. Mexico   Agriculture  
John Deere Fabriek Horst B.V. Horst Netherlands  Pulled and self-propelled sprayers Agriculture  
John Deere Domodedovo Domodedovo Russia   Agriculture  
John Deere Orenburg Orenburg Russia   Agriculture  
John Deere Ibérica, S. Madrid Spain   Agriculture  
The Vapormatic Company Ltd. Exeter United Kingdom   Agriculture  
NavCom Technology, Inc. Torrance, CA United States   Agriculture  
John Deere Cylinder Internal Platform Moline, IL United States Cylinder manufacturing Agriculture  
John Deere Harvester Works East Moline, IL United States Large combine harvesters Agriculture  
John Deere Seeding Group East Moline, IL United States   Agriculture  
John Deere Des Moines Works Ankeny, IA United States Sprayers, cotton harvesters, and tillage equipment Agriculture  
John Deere Ottumwa Works Ottumwa, IA United States Baling technology Agriculture  
John Deere Paton Paton, IA United States   Agriculture  
John Deere Intelligent Solutions Group - Urbandale Urbandale, IA United States   Agriculture  
John Deere Waterloo Works - Tractor, Cab, and Assembly Operations Waterloo, IA United States 6R, 7R, 8R/8RT, and 9R/9RT Series tractors Agriculture  
John Deere Waterloo Works - Drivetrain Operations Waterloo, IA United States Transmissions, drives, and axle machining and assembly Agriculture  
John Deere Waterloo Works - Service Parts Operations Waterloo, IA United States Tractor service parts Agriculture  
John Deere Waterloo Works - Foundry Operations Waterloo, IA United States   Agriculture  
John Deere Thibodaux Thibodaux, LA United States   Agriculture  
John Deere Seeding Group Valley City, ND United States   Agriculture  
Waratah Forestry Equipment Pty. Ltd Melton, Victoria Australia   Construction and forestry  
John Deere Brazil Ltda. Indaiatuba, São Paulo Brazil   Construction and forestry  
John Deere Brasil Escavadeiras Indaiatuba, São Paulo Brazil   Construction and forestry  
John Deere Specialty Products (JDSP) — Langley Langley, British Columbia Canada   Construction and forestry  
John Deere Reman — Edmonton Alberta Canada   Construction and forestry  
Waratah Forestry Equipment Canada, Ltd. Kamloops, BC Canada   Construction and forestry  
John Deere (Tianjin) Company Limited Tianjin China   Construction and forestry  
John Deere Forestry — Joensuu, Finland Joensuu Finland   Construction and forestry  
Waratah OM Oy Joensuu Finland   Construction and forestry  
Ashok Leyland John Deere Construction Equipment Pvt. Ltd. Tamil Nadu India   Construction and forestry  
Industrias John Deere S.A. de C.V. Garza Garcia, Nuevo León Mexico   Construction and forestry  
Waratah NZ Ltd. Tokoroa Waikato New Zealand   Construction and forestry  
John Deere Domodedovo Moscow Russia   Construction and forestry  
Bell Equipment Limited Empangeni South Africa   Construction and forestry  
Waratah Forestry Attachment, LLC. Peachtree City, GA United States   Construction and forestry  
John Deere Construction & Forestry Company Moline, IL United States   Construction and forestry  
John Deere Davenport Works Davenport, IA United States   Construction and forestry  
John Deere Training Center - Davenport Davenport, IA United States   Construction and forestry  
John Deere Dubuque Works Dubuque, IA United States   Construction and forestry  
John Deere Reman — Springfield Springfield, MO United States   Construction and forestry  
John Deere Kernersville, LLC Kernersville, NC United States   Construction and forestry  
Waratah Forestry Attachment, LLC Kelso, WA United States   Construction and forestry  
SABO - Maschinenfabrik GmbH Gummersbach Germany   Turf Sold 2020 to Mutares[87]
John Deere Commercial Products Grovetown, GA United States   Agriculture  
John Deere Turf Care Fuquay-Varina, NC United States Commercial mowers and Golf equipment Turf  
John Deere Training Center - Morrisville Morrisville, NC United States   Turf  
Transaxle Manufacturing of America Corporation Rock Hill, SC United States   Turf  
John Deere Power Products Greeneville, TN United States Riding lawn tractors and zero turn lawn mowers Turf  
John Deere Horicon Works Horicon, WI United States Gator utility vehicles, riding lawn tractors, walk behind greens mowers, and mower decks Turf  

Subsidiaries and affiliates

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John Deere 8530 tractor with Kinze 3700 planter

Current

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  • AGRIS Corporation (John Deere Agri Services)
  • Bear Flag Robotics – Autonomous agricultural technology & equipment company[88]
  • John Deere Ag Management Solutions (intelligent mobile equipment technologies), Urbandale, Iowa
  • John Deere Capital Corporation
  • John Deere Financial[89] (John Deere Credit and Finance), Johnston, Iowa
  • Kemper (row tolerant headers for forage harvesters and combines), Stadtlohn, Germany
  • Waratah Forestry Attachments (forestry harvesting heads), Tokoroa, New Zealand
  • Agreentech
  • NavCom Technology, Inc. (precision positioning systems, see also StarFire), Torrance, California
  • John Deere Electronic Solutions (Ruggedized electronics), Fargo, North Dakota
  • Ningbo Benye Tractor & Automobile Manufacture Co. Ltd. (low HP tractors), Ningbo, China
  • Machinefinder (used equipment division and marketplace)
  • John Deere Technology Innovation Center, Research Park, University of Illinois at Urbana-Champaign
  • QCFS and Consolidating (attachment distribution center), Davenport, Iowa
  • Hagie Sprayers (Upfront Sprayers)
  • KingAgro (Sprayers) Argentina
  • PLA (sprayers) Argentina
  • Wirtgen Group
  • Blue River Technology – Pioneer in the use of computer vision and robotics for agriculture bringing crop protection into the digital era with see and spray machines that precisely observe and treat each plant in the field.

Former

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  • John Deere Renewables, LLC, a wind energy plant manufacturing arm which represented John Deere's extension into the renewable energy industry – under which it had successfully completed 36 projects in eight US states – was sold to Exelon Energy in August 2010.[90]

Finances

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Financial data in $ millions[91]
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Revenue 21,191 22,148 24,082 28,438 23,112 26,005 32,013 36,157 37,795 36,067 28,863 26,644 29,738 37,358 39,258 35,540 44,024 52,577 61,251
Net Income 1,447 1,694 1,822 2,053 874 1,864 2,800 3,065 3,537 3,162 1,940 1,524 2,159 2,368 3,253 2,751 5,963 7,130 10,166
Assets 33,637 34,720 38,576 38,735 41,133 43,267 48,207 56,266 59,521 61,336 57,948 57,919 65,786 70,108 73,011 75,091 84,114 90,030 104,087
Employees 51,300 55,700 61,300 66,900 67,000 59,623 57,200 56,800 60,500 74,000 73,500 69,600 75,600 82,200 83,000
Revenue by business unit (2023)[92]
Business Revenue in billion $ share
Production & Precision Agriculture 26.8 43.7%
Construction and Forestry 14.8 24.2%
Small Agriculture & Turf 14.0 22.8%
Financial Services 4.7 7.7%
Other 1.0 1.6%
Revenue by region (2023)[92]
Region Revenue in billion $ share
United States 34.1 55.7%
Latin America 8.2 13.4%
Western Europe 7.3 12.0%
Asia, Africa, Oceania, and Middle East 5.2 8.5%
Canada 4.3 7.0%
Central Europe and CIS 2.1 3.5%

Carbon footprint

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John Deere reported total CO2e emissions (direct and indirect) for the twelve months ending 30 September 2020 at 766 Kt (-155 /-16.8% y-o-y)[93] and plans to reduce emissions 15% by 2022 from a 2017 base year.[93]

John Deere's annual Total CO2e Emissions - Market-Based Scope 1 + Scope 2 (in kilotonnes)
Sep 2018 Sep 2019 Sep 2020
967[93] 921[93] 766[93]

Sponsorships

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John Deere sponsorship on Chad Little's NASCAR car

Green Magazine

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Green Magazine is a publication devoted to John Deere enthusiasts.[96][97] It was begun in November 1984 by Richard and Carol Hain of Bee, Nebraska.

The first issue was mailed in early November 1984 to 135 paid subscribers and had 10 black-and-white pages with features on tractors, letters from readers, and advertisements.[98] At the time, the magazine was published bimonthly. It was written in Lincoln, Nebraska, and it was mailed from the Bee post office.

The magazine grew rapidly, and in 1990, bowing to public demand, it became a monthly. Circulation continued to increase, and currently hovers around 30,000. The magazine now generally contains 88 full-color pages and is perfect bound. It is now printed in Michigan and mailed from several post offices throughout the country.

Current content usually includes a "Tip of the Month" article covering New Generation restoration written by Dan Brotzman, a "Youngtimer" article written by Tyler Buchheit, "Shop Talk" by Ron and JoAnn O'Neill, "Saw It On eBay" by Adam Smith and Benjamin Hain, "Scale Models" by Bill Proft, "What's New and Old" by Greg Stephen, "Feature Model" by Benjamin Hain, "Do You Have One of These" by Richard Hain, and "Mr. Thinker", which is said to be written by "a variety of experts".

See also

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References

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  1. ^ VanderMey, Anne (February 25, 2013). "John Deere Plows Ahead". Fortune. Vol. 167, no. 3. p. 19.
  2. ^ "Deere & Co. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. December 15, 2023.
  3. ^ "Deere & Co (DE)". NYSE. Retrieved 2014-07-22.
  4. ^ "Fortune 500 profile". Fortune. Archived from the original on December 17, 2022. Retrieved December 16, 2022.
  5. ^ Men of Illinois. H. Witherspoon. 1902. p. 210.
  6. ^ Ultimate John Deere. Stillwater, MN: Voyageur Press. 2001. p. 28. ISBN 0-89658-406-2.
  7. ^ a b Petterchak, Janice A.; Scheel, Clarence Anthony (2005). Historic Illinois: An Illustrated History. San Antonio, TX: HPN Books. p. 96. ISBN 978-1-893619-49-4.
  8. ^ Gianquitto, Tina (2014). America's Darwin: Darwinian Theory and U.S. Literary Culture. Athens, GA: University of Georgia Press. p. 65. ISBN 978-0-8203-4690-8.
  9. ^ Sanders, Bob Feller, Ralph W. (2009). The Farm Tractor. Voyageur Press. p. 120. ISBN 978-1-61060-521-2.{{cite book}}: CS1 maint: multiple names: authors list (link)
  10. ^ Peterson, Rod Beemer Chester (1999). Inside John Deere : A Factory History. Osceola, WI: Voyageur Press. p. 97. ISBN 0-7603-0441-6.
  11. ^ a b c Leffingwell, Randy (2004). John Deere: A History of the Tractor. St. Paul, MN: Voyageur Press. p. 10. ISBN 0-7603-1861-1.
  12. ^ Welch, Rosanne; Lamphier, Peg A. (2019). Technical Innovation in American History: An Encyclopedia of Science and Technology [3 volumes]. London: Bloomsbury Publishing USA. ISBN 979-8-216-15361-0.
  13. ^ Wert, Jeffry D. (2018-11-06). Civil War Barons: The Tycoons, Entrepreneurs, Inventors, and Visionaries Who Forged Victory and Shaped a Nation. Hachette Books. ISBN 978-0-306-82513-2.
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Sources

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Wikimedia Commons has media related to John Deere.
  • Official website
  • Business data for Deere & Company:
  • Green Magazine
  • John Deere at RitchieWiki, the Equipment Wiki
  • John Deere's official youtube
  • iOS App for John Deere admins


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