Deere & Company, also known as John Deere, is a prominent American corporation specializing in the manufacturing of agricultural machinery, heavy equipment, forestry machinery, diesel engines, and lawn care equipment. In addition to these core products, the company also provides financial services.
John Deere is traded on the New York Stock Exchange under the symbol DE and is listed in both the S&P 100 and S&P 500. The company’s headquarters are located in Moline, Illinois. As of 2022, John Deere has a revenue of $52.58 billion, operating income of $9.13 billion, and net income of $7.13 billion. The company has a total of 82,200 employees worldwide and is active on a global scale.
John Deere owns several subsidiaries, including Nortrax, Vapormatic, Hagie, Monosem, Blue River Technology, Harvest Profit, Navcom Technology, OnGolf, Lesco, Unimil, John Deere Financial, and Bear Flag Robotics. These subsidiaries contribute to the diverse business holdings and corporate portfolio of John Deere.
Key Takeaways:
- John Deere is a leading American corporation specializing in agricultural machinery, heavy equipment, and more.
- The company also offers financial services and owns several subsidiaries.
- John Deere’s subsidiaries include Nortrax, Vapormatic, Hagie, Monosem, Blue River Technology, and more.
- John Deere is traded on the NYSE and has a strong global presence.
- The company’s revenue in 2022 was $52.58 billion, with 82,200 employees worldwide.
John Deere’s Agricultural Machinery and Equipment
When it comes to agricultural machinery and equipment, John Deere is a leading name in the industry. The company offers a wide range of products designed to assist farmers and enhance efficiency in agricultural operations. Their lineup includes tractors, combine harvesters, seed drills, and field sprayers.
John Deere’s tractors are available in various series, such as the D series, E series, and Speciality Tractors, each tailored to suit different farming needs. These tractors are equipped with advanced features and technologies that help farmers increase productivity and optimize performance. The company’s combine harvesters are specifically designed to efficiently harvest crops, ensuring a seamless and productive harvest season. Seed drills and field sprayers offered by John Deere are crucial tools for planting and crop protection, aiding farmers in achieving successful yields.
Known for their reliability, durability, and innovative design, John Deere’s agricultural machinery is trusted by farmers worldwide. The company’s commitment to providing top-notch equipment has made them a go-to choice for professionals in the agricultural industry.
Table: John Deere’s Agricultural Machinery
| Product | Description |
|---|---|
| Tractors | A diverse range of tractors tailored for different farming needs, featuring advanced technologies and features. |
| Combine Harvesters | Efficient and reliable harvesters designed to handle different crops and deliver optimal performance. |
| Seed Drills | Precision planting equipment that ensures accurate seed placement and promotes successful crop establishment. |
| Field Sprayers | Innovative machinery for crop protection, allowing farmers to apply fertilizers, herbicides, and pesticides efficiently. |
With their extensive range of agricultural machinery and equipment, John Deere continues to play a crucial role in supporting farmers and driving agricultural productivity forward. Their commitment to excellence has made them a trusted partner for farmers around the world.
John Deere’s Heavy Equipment and Forestry Machinery
John Deere is renowned for its diverse range of heavy equipment and forestry machinery. The company offers a comprehensive lineup of powerful and reliable machines designed for various industries, including construction, mining, and forestry.
Heavy Equipment
John Deere manufactures a wide range of heavy equipment, including excavators, loaders, and graders. These machines are built to tackle demanding tasks with exceptional performance and durability. The excavators feature advanced technology and innovative features to maximize productivity and efficiency on job sites. The loaders are designed for versatility and can handle various materials and applications, while the graders are known for their precision and accuracy in creating smooth and level surfaces.
Forestry Machinery
In addition to heavy equipment, John Deere specializes in forestry machinery specifically designed for the logging industry. The company offers a range of machines such as feller bunchers, forwarders, log loaders, and skidders. These machines are engineered to navigate challenging terrains and effectively handle the harvesting and transportation of timber. John Deere’s forestry machinery is trusted by professionals worldwide for its robustness, reliability, and performance.
Whether it’s construction, mining, or forestry, John Deere’s heavy equipment and forestry machinery are proven solutions for professionals seeking high-quality and efficient machines to tackle their toughest challenges.
| Heavy Equipment | Forestry Machinery |
|---|---|
| Excavators | Feller Bunchers |
| Loaders | Forwarders |
| Graders | Log Loaders |
| Skidders |
John Deere’s Financial Services and Other Related Activities
Alongside its manufacturing prowess in agricultural machinery and heavy equipment, John Deere also offers a comprehensive range of financial services and other related activities. The company’s financial services arm provides a variety of solutions, including loans, leases, and equipment financing, to make it easier for customers to invest in John Deere equipment. This ensures that farmers and businesses have access to the necessary resources they need to maximize their productivity and success in the field.
John Deere’s commitment to supporting the agricultural sector extends beyond financial services. The company is actively involved in seed and feed services, providing essential resources for crop production. By offering high-quality seed and feed, John Deere contributes to the overall value and support provided to the farming community. Farmers can rely on the company’s expertise and trusted products to help maximize their yields and achieve sustainable agriculture.
With a strong focus on customer success, John Deere’s financial services and related activities are designed to empower farmers and businesses. By offering convenient and flexible financing options, the company ensures that its customers can access the latest equipment and technologies, enabling them to stay ahead in an increasingly competitive industry. Furthermore, through its seed and feed services, John Deere remains dedicated to improving crop production and promoting the long-term viability of agriculture.
FAQ
What companies does John Deere own?
John Deere owns several subsidiaries, including Nortrax, Vapormatic, Hagie, Monosem, Blue River Technology, Harvest Profit, Navcom Technology, OnGolf, Lesco, Unimil, John Deere Financial, and Bear Flag Robotics.
What agricultural machinery and equipment does John Deere manufacture?
John Deere manufactures a wide range of agricultural machinery, including tractors, combine harvesters, seed drills, and field sprayers.
What heavy equipment and forestry machinery does John Deere offer?
John Deere offers a variety of heavy equipment, such as excavators, loaders, graders, and forestry machinery like feller bunchers, forwarders, log loaders, and skidders.
What financial services does John Deere provide?
John Deere provides financial solutions, including loans, leases, and equipment financing, to assist customers in purchasing John Deere equipment. The company is also involved in seed and feed services to support the agricultural sector.