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John Deere

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Deere & Company
Company typePublic (NYSE: DE)
IndustryHeavy equipment
Founded1837
HeadquartersMoline, Illinois, U.S.
Key people
Samuel R. Allen, Chairman & CEO
ProductsAgriculture, Construction & Forestry, Consumer & Commercial Equipment, Engines, Financial Services
RevenueUS$23.11 billion (FY 2009)[1]
US$1.365 billion (FY 2009)[1]
US$873.5 million (FY 2009)[1]
Number of employees
52,022
Websitehttp://www.deere.com

Deere & Company, usually known by its brand name John Deere (NYSE: DE), is an American corporation based in Moline, Illinois, and the leading manufacturer of agricultural machinery in the world. In 2008, it was listed as 102nd in the Fortune 500 ranking. Deere and Company agricultural products, usually sold under the John Deere name, include tractors, combine harvesters, balers, planters/seeders, ATVs and forestry equipment. The company is also a leading supplier of construction equipment, as well as equipment used in lawn, grounds and turf care, such as ride-on lawn mowers, string trimmers, chainsaws, snowthrowers and for a short period, snowmobiles.

The company's slogan is "Nothing runs like a Deere" and has a picture of a deer as a logo, with wordplay pun on "nothing runs like a deer."

Additionally, John Deere manufactures engines used in heavy equipment and provides financial services and other related activities that support the core businesses.

The company was founded in 1837 by John Deere, who developed and manufactured the first commercially successful cast-steel plow.

Deere & Company today

As of 2006, Deere & Company employs approximately 47,000 people in 27 countries worldwide, including the United States, Australia, Turkey, Canada, United Kingdom, China, France, Germany, Spain, Italy, India, Poland, Mexico and South Africa, among many others. Inside the United States, the company's primary locations are its administrative center in Moline, Illinois, as well as various locations in the Midwest and southeastern United States. Most manufacturing sites are in Iowa or Illinois, as well as locations in Europe. Carl Westby is known as the person that coined the phrase "Nothing runs like a Deere."

Major North American factories include:

Other Important Factories:

  • John Deere Equipment Pvt Ltd (5000 Series Tractor manufacturers) Pune, India
  • John Deere Werke Mannheim (6000 Series Tractors) Mannheim, Germany
  • John Deere Werke Zweibrücken (Harvesting equipment) Zweibrücken, Germany
  • John Deere Fabriek Horst, The Netherlands, Pulled & Self Proppeled agricultural sprayers for European Market
  • John Deere Forestry Oy, Joensuu, Finland works: Cut-to-Length Forestry equipment
  • John Deere Reman [1] (C&F Division): Remanufacturing components for off-highway vehicles. Facilities in Edmonton, Alberta, Canada (cylinders, axles, transmissions, pumps, hydraulic and powertrain components) and Springfield, Missouri, USA (engines, fuel systems, turbochargers).
  • Sabo, Gummersbach, Germany (consumer and commercial lawn equipment)

Subsidiaries and affiliates

The John Deere Pavilion in Moline, Illinois.

Collaborations and partnerships

  • North American distributor of Hitachi-branded construction equipment.
  • Deere-Hitachi, located in Kernersville, NC, is jointly owned by Deere & Company and Hitachi, and manufactures hydraulic excavators for the North American market.
  • Partnership with Bell Equipment of South Africa provided Deere with articulated dump truck technology. In exchange, Bell manufactures Deere backhoe loaders in South Africa for distribution internationally.
  • John Deere is provider of backhoe loader technology to Telco Construction Equipment Company, a subsidiary of Tata group in India.Source
  • Nortrax, Inc. - largest distributor of John Deere heavy construction equipment in US and Canada.
  • Ashok Leyland John Deere Construction Equipment Private Ltd., an Indian-based joint venture with Ashok Leyland, was set up in 2009, with production to begin in 2010. It will manufacture backhoes and wheel loaders.[2]

Other

Deere & Company is ranked 27th in AARP's list of Best Employers for Workers Over 50. [3] Deere & Company tied with Cooper Tire & Rubber for the second-lowest score (33 out of 100) of all rated companies in its category in the Human Rights Campaign's 2008 Corporate Equality Index, a measure of Gay and Lesbian workplace equality.[4].

Product images

Useful images galleries:

  • A John Deere 7800 tractor attached to a corn planter.
    A John Deere 7800 tractor attached to a corn planter.
  • A JD 9410 combine
    A JD 9410 combine
  • A John Deere 330C
    A John Deere 330C
  • A John Deere 4010 Diesel (1960-1963)
    A John Deere 4010 Diesel (1960-1963)
  • A John Deere 9420 tractor.
    A John Deere 9420 tractor.
  • A John Deere 9600 combine with Honeybee header.
    A John Deere 9600 combine with Honeybee header.
  • A John Deere 410G
    A John Deere 410G
  • John Deere roller compacting the ground
    John Deere roller compacting the ground

See also

References

  1. ^ a b c Deere & Company 2008 Annual Income Statement via Wikinvest
  2. ^ http://www.ashokleyland.com/newsdisplay.jsp?newsid=177&year=2009&monthval=7
  3. ^ http://www.qctimes.com/articles/2007/09/26/news/local/doc46fa971a6bd27483533265.txt Stanley, Deere place on AARP's list of Best Employers for Workers Over 50. Accessed 27 January 2007
  4. ^ http://www.hrc.org/documents/HRC_Corporate_Equality_Index_2008.pdf 2008 Corporate Equality Index. Accessed 27 November 2007.
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