John Deere

Deere & Company

The pandemic has taken a bite out of sales and profits for John Deere. Friday it reported sales in the second quarter dropped 18 per cent compared to the same quarter last year, and net income fell 41 per cent. 

Production at two John Deere plants will stop for a couple of weeks. The company says it will temporarily suspend production at the Dubuque and Davenport factories starting May 11th, and probably re-start on May 26th. 

New Director for Deere

May 1, 2020
John Deere

A top official at Verizon has joined the John Deere board of directors.  Friday the company announced the addition of Tamra Erwin, Executive Vice President and CEO of Verizon Business, a division of Verizon Communications. 

John Deere

Workers at a John Deere factory in the Quad Cities have begun making face shields for health care workers. Production began Wednesday at the Seeding Group in Moline.

submitted / Deere & Company

Shareholders seemed happy with what they heard today at Deere & Company's annual meeting. New CEO John May gave his first presentation to the board of directors and a packed house full of shareholders, including many retirees. 

John Deere

Workers at two John Deere plants in the Quad Cities will soon lose their jobs. Tuesday the company announced indefinite layoffs for about 50 production workers at the Harvester Works in East Moline, and 113 at the Davenport Works.

Deere Builds New Training Facility

Sep 27, 2019
John Deere

John Deere has opened a new training facility in Coal Valley.

https://tinyurl.com/y3jxtkvv / QC Engineering & Science Council

Hundreds of kids, teens, and their coaches will spend their Saturday at John Deere headquarters in Moline. For the first time, Deere and Company will host the annual kickoff of the FIRST Lego League season.

New Leader for Deere

Aug 29, 2019
Deere and Company

A new leader will soon take over at John Deere. Thursday the company announced directors have chosen John May to become Chief Executive Officer in November.

Michelle O'Neill / WVIK News

Sales rose but net income fell for John Deere during its second quarter.

Today, the company reported sales rose 6% to 11.3 billion dollars during February, March, and April.

Profits totaled $1.1 billion, compared to $1.2 billion at this time a year ago.

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