Papé Machinery, along with officials from Bonner County, Idaho, broke ground on the John Deere dealership group’s newest full-line dealership and service center. The new location will sell both John Deere agriculture and turf equipment and consecution and forestry equipment.
GreenMark Equipment has completed a ground up renovation of their Winamac, Ind., facility and hosted an open house to showcase these updates with tours, food, door prizes and photos with Santa.
Deere & Co. DE announced today it will move the production of EZtrak zero turn mowers from its factory in Horicon, Wisconsin to its facility in Greeneville, Tennessee.
Deere & Co. saw another strong quarter, reporting on May 15 that its net income for the period ended April 30 was $1.084 billion compared with $1.056 billion for the same period last year, or up 2.7%. Through the first six months of its fiscal year, the company produced net income of $1.7 billion vs. $1.6 billion last year.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.