Deere & Co. (DE) Sector
Industrials

(Current) $363.88
-4.72 (-1.28%) Open Price: 367.85

 

Deere & Co. is a leading American manufacturer of agricultural machinery, headquartered in Moline, Illinois. Founded by John Deere in 1837, the company has a long history of producing innovative and reliable farm equipment that helps farmers increase their productivity. Deere & Co. produces a wide range of products, including tractors, harvesters, sprayers, and planters, as well as construction and forestry equipment. The company has a strong reputation for quality and durability and has a global customer base.

 

John Deere, a blacksmith from Vermont, invented the first steel plow in 1837, which allowed farmers to till their fields more efficiently than with previous wooden plows. The company quickly expanded into producing other farm equipment, such as planters, cultivators, and threshers. In the 20th century, Deere & Co. diversified its product line to include construction and forestry equipment. Today, the company has operations in more than 30 countries and employs over 70,000 people.

 

Deere & Co. is known for its commitment to innovation and sustainability. The company has invested heavily in research and development to create products that are more efficient, safer, and environmentally friendly. In recent years, Deere & Co. has introduced precision agriculture technology, such as GPS-guided tractors and harvesters, which allow farmers to reduce waste and increase yields. The company has also set ambitious sustainability goals, such as reducing greenhouse gas emissions from its operations by 15% by 2021.

 

In addition to its focus on innovation and sustainability, Deere & Co. has a strong reputation for customer service. The company operates a global network of dealerships and service centers, providing farmers with support and maintenance for their equipment. Deere & Co. also offers a range of financing options, such as leasing and installment payment plans, to help farmers afford their equipment.

 



 

(03/01/24) $367.85
(03/04/24) $368.60
(03/04/24) (Qty.)688,444
(03/01/24) $361.33
(03/01/24) $368.82
(05/28/23) $345.55
(07/23/23) $450.00
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