Tag: Deere & Company: Page 2

Business Roundup: Wacker Neuson hits record revenue; John Deere profit spikes; Compact excavator trends; Skid steer potential; 2017 Contractor of the Year

Wacker Neuson reaches record 1Q revenue Wacker Neuson is reporting record first quarter revenues with strong sales growth in the company’s Europe and Americas markets with gains in both the construction and agricultural sectors. First quarter revenues climbed to €338.5 million ($378.5 million), up 7 percent from 1Q 2016. Profit however fell 18 percent to €9.3 million ($10.4 […]

June 6, 2017

Dealers

Deere to acquire German road equipment maker Wirtgen Group for $5.2 billion

In a surprise announcement during the wee hours of Thursday morning, Deere & Company announced a blockbuster deal to acquire German equipment manufacturer Wirtgen Group. The two companies have signed a definitive agreement on the all-cash deal which will see Deere purchase the road equipment maker for €4.357 billion. When Wirtgen’s debts and other considerations […]

June 1, 2017

Dealers

John Deere Q2 profit spikes 62%, sales and revenue up 5%

Deere & Company’s net income grew 62 percent in the second quarter of its fiscal year 2017, which ended April 30. Net income rose to $820.4 million compared to the $495.4 million in the same period last year. Net income for the first six months of the year reached $996.2 million, compared to $749.8 million […]

May 25, 2017

Business

John Deere elects Intel CEO Brian Krzanich to its board of directors

Brian Krzanich, the chief executive officer of technology giant Intel, has been elected to the Deere & Company board of directors. The addition of Krzanich is a huge get for Deere as the company and its competitors in heavy equipment manufacturing work to network their machines together in order to give customers more in-depth data concerning production, […]

January 13, 2016

Technology

Deere second-quarter construction sales increase 26 percent

Deere & Company‘s global net sales and revenues rose 12 percent during its second quarter, according to results released today. The company says it was the eighth consecutive quarter of record earnings. Deere said it is “successfully managing major new product launches featuring advanced engine emission technology while significantly expanding its global market.” Construction and […]

May 16, 2012

Roadbuilding

Deere: Focusing on U.S. competitiveness

The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.,The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.,The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.,The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.,The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.,The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.,The Council on Competitiveness is a non-partisan and non-governmental organization that convenes top private and public sector leaders to address America's long-term competitiveness challenges. Deere is keenly interested in competitiveness as the company aspires to global growth of its two main equipment businesses – agriculture and construction. Products for export to countries outside the U.S. can total 20 to 30 percent or more of the output at some John Deere factories in the U.S.

October 19, 2011

Roadbuilding

MICO earns partner-level status from John Deere

MICO Inc. has earned recognition as a partner-level supplier for 2010 in the John Deere Achieving Excellence Program. The partner-level status is Deere & Company’s highest supplier rating. MICO was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. […]

May 12, 2011

Technology

MICO earns partner-level status from John Deere

May 12, 2011

Safety

Common Ground Alliance partners with United Rentals

The Common Ground Alliance, an organization focused on protecting underground utility lines and the safety of people who dig near them, partnered with United Rentals, an equipment rental company. United Rentals will place more than 12,000 “Call 811” decals on its various pieces of equipment to remind its customers to always call the national 811 […]

December 8, 2010

Roadbuilding

Deere introduces John Deere Financial business unit

Deere & Company is introducing a new name – John Deere Financial – for its business unit that offers credit and other financial services. The change is being made to better represent the full breadth of products and services offered by the business. It had previously been known as John Deere Credit. “John Deere Financial […]

October 25, 2010

Business

AEM recognizes “Statistics Outstanding Merit Award” winners

The Association of Equipment Manufacturers (AEM) has presented 65 member manufacturers with “Statistics Outstanding Merit Awards” for exemplary 2009 performance in AEM’s data reporting programs. The association says these manufacturers’ actions “enhance the association’s ability to provide meaningful market information to member companies for business benchmarking and planning.” The annual awards are based on statistical data […]

June 1, 2010

Roadbuilding

Samuel R. Allen elected chairman of Deere & Co. board

Deere & Company announced on Dec. 3 that its Board of Directors has elected Samuel R. Allen as Chairman of the Board, effective at the conclusion of the Feb. 24, 2010, annual meeting of stockholders. Allen will continue as Deere & Company president and CEO. The action is another step in Deere & Company’s systematic […]

December 9, 2009

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