About Deere & Company (DE)

Company Description:

Deere & Company, known by its brand name John Deere, is a leading corporation in the farm and heavy construction machinery industry. The company specializes in manufacturing and distributing equipment used in agriculture, construction, forestry, and turf care. It operates through various segments including Agriculture and Turf, Construction and Forestry, and Financial Services.

Founded by John Deere in 1837, Deere & Company has grown to become a global leader in its field, maintaining its headquarters in Moline, Illinois, United States.

Main Product(s):

Deere & Company is renowned for its wide range of products, including tractors, combine harvesters, balers, planters, seeders, ATVs, and forestry equipment. They also produce a variety of construction equipment like backhoe loaders, excavators, and wheel loaders.

Short History of Deere & Company:

• 1837 – Founded by John Deere in Grand Detour, Illinois.
• 1868 – The business was incorporated as Deere & Company.
• 1956 – Entered the construction equipment market with the introduction of its first industrial tractor.
• 1960s – Expansion into the international market.
• 1990s – Introduction of advanced technology in farming equipment.
• 2020s – Emphasis on precision agriculture and smart technology integration.