Company profile
Deere & Company, founded in 1837 and headquartered in Moline, Illinois, operates as a worldwide producer and distributor of a broad range of equipment. The company's business is structured across four primary divisions. The Production and Precision Agriculture segment specializes in machinery for large-scale grain cultivation, offering products such as mid-size tractors, combines, cotton and sugarcane harvesting equipment, along with various tillage, seeding, application (like sprayers and nutrient management), and soil preparation tools. The Small Agriculture and Turf segment serves dairy and livestock farmers, smaller-scale crop growers, and general turf care clients. Its offerings include utility tractors with attachments, a diverse array of turf and utility equipment (such as riding lawn mowers, commercial and golf course mowing machinery, utility vehicles, and implements for various landscaping and ground maintenance tasks), other outdoor power products, and hay and forage equipment. This segment also engages in reselling products from other manufacturers. The Construction and Forestry division provides a comprehensive suite of heavy machinery, including backhoe loaders, bulldozers, excavators, motor graders, articulated dump trucks, various loaders (four-wheel-drive, landscape, skid-steer), roadbuilding equipment (like milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants), and specialized logging equipment (such as log skidders, feller bunchers, loaders, forwarders, and harvesters), alongside a wide range of attachments. Lastly, the Financial Services segment facilitates the sales and leases of agricultural, turf, construction, and forestry equipment. It also extends wholesale financing options to equipment dealers, offers extended warranties, and provides financing for retail revolving charge accounts.
- CEO
- John C. May
- Employees
- 73,100
- IPO date
- 05 Jan 2004
- ISIN
- US2441991054
