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Tag: John Deere Construction and Forestry
Construction Equipment
More layoffs hit John Deere, this time at Dubuque plant
Following a December announcement of 57 layoffs at its Davenport, Iowa, plant, John Deere says it will cut another 105 workers at its Dubuque Works plant in Dubuque, Iowa. According to a report from the Quad City Times, Deere has notified the workers of an “indefinite layoff.” The layoffs will take effect April 6. Deere […]
February 10, 2020
Dealers
Business Roundup: Deere realigns construction leadership; 5S optimization for the equipment shop; Okada taps new support manager; 5 new Terex cranes at Hydraulic Machinery in Fla.; Prinoth adds CONTRAC in W. Canada
The latest Business Roundup from Equipment World tackles the most recent news from several prominent heavy equipment companies. Learn more on Equipment World.
October 8, 2018
Construction Equipment
Deere upgrades G-Series skid steers, CTLs with big loader functionality thru new Boom Performance package
The new package is available on Deere's 330G and 332G skid steers, and its 331G and 333G CTLs. Check it out all the details here on Equipment World!
August 27, 2018
Dealers
Nortrax sells seven South Florida Deere dealerships
A Memphis-based family investment firm has bought seven John Deere Construction and Forestry Stores serving the South Florida region. Dobbs Management Service, through DJD Equipment Holdings, purchased full service Nortrax stores in Lutz (Tampa area), Orlando, West Palm Beach, Miami and Fort Myers, Florida. In addition to the full-service branches, the deal included parts-only stores […]
November 20, 2017
Dealers
John Deere presents 4 Rivers Equipment with Onyx Circle award
John Deere Construction and Forestry has presented 4 Rivers Equipment with the Onyx Circle Award, as one of the three top-performing dealerships in the United States and Canada. Since 2011, John Deere has presented the award after performing a dealership performance review for the top market share, product support and return on sales. “It is […]
December 29, 2016
Construction Equipment
Benefits of John Deere’s new 944K hybrid loader extend beyond fuel efficiency
John Deere today launched the rollout of its 944K, a hybrid loader powered in tandem by AC generators and motors along with a 536-horsepower Deere Powertech engine. The hybrid drive system starts with the engine, which turns twin generators that convert mechanical energy into electrical energy, Deere says. The wheel motors, located on each wheel, then […]
April 20, 2016
Construction Equipment
John Deere details development of the 1050K, its largest dozer yet, in walkaround (PHOTOS)
After debuting its 1050K dozer earlier this year, John Deere recently gave editors a detailed walkaround of its largest, most powerful dozer. RELATED >> Software on John Deere, all other heavy equipment only “destroys” an antiquated idea of ownership “We needed to prove to customers the 1050K could move more material than what they’re used to […]
May 18, 2015
ConExpo-Con/Agg
John Deere releasing Interim Tier 4 retrofit kit in 2015 to allow machine sales to countries without USLD availability
Starting in 2015, owners of John Deere Construction and Forestry Equipment will able to purchase a retrofit kit that will enable Interim Tier 4 (IT4) machines to be sold in countries where ultra-low sulfur diesel (ULSD) fuel is not available, the company announced on March 6 during ConExpo-Con/Agg 2014. With limited availability of USLD in […]
March 13, 2014
Business
John Deere reports record profits in 2nd quarter; construction equipment expected to continue decline
Attributing the news to higher sales of farm equipment, John Deere is reporting its highest ever quarterly net profit of $1.084 billion in the second quarter ending April 30. Compared to the same quarter a year ago, profit was up 2.6 percent from $1.056 billion. For the first six months of the fiscal year starting […]
May 15, 2013
Business
John Deere reports record first quarter income of $650 million
John Deere released its first quarter earnings report this morning, announcing a record $650 million in income as of January 31. That’s a whopping 21 percent increase over profits for the same quarter last year. The big gains in income are largely due to a 16 percent sales increase in Deere’s Agriculture and Turf division. […]
February 13, 2013
Roadbuilding
Nortrax acquires John Deere dealer Holt Equipment
Nortrax has purchased the assets of John Deere Construction and Forestry equipment dealer Holt Equipment Co. and began leasing Holt’s dealership sites, according to a Feb. 4 press statement. Holt is based in Louisville, Ky., with territory locations in Louisville, Richmond, London and Bowling Green, and encompassing a 78-county trade area across Kentucky and Indiana. […]
February 4, 2013
Business
John Deere’s Nortrax acquires Holt Equipment Company
Nortrax announced today that it has acquired fellow John Deere Construction and Forestry equipment dealer Holt Equipment Company and has begun leasing Holt’s dealerships. Based in Louisville, Kentucky, Holt’s dealership footprint covers 78 counties across Kentucky and Indiana with locations in Louisville, Richmond, London and Bowling Green. Nortrax is based in Tampa, Florida and is […]
February 4, 2013
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