Deere plans to add 30 to 40 jobs at its John Deere Davenport Works in spring as a result of an agreement with Bell Equipment of South Africa. Through the agreement, Bell will license Deere to manufacture Bell-designed articulated dump trucks in North America and Deere will license Bell to manufacture Deere-designed side-shift backhoe loaders and four-wheel-drive loaders in South Africa. Bell currently supplies trucks to Deere for resale under the Deere brand name. The companies say the new agreement is designed to provide cost-reduction opportunities and leverage the advantages of local manufacturing for both parties. Deere owns 32 percent of Bell’s shares.
Deere to add jobs as result of Bell agreement
Nov 15, 2004