CORRECTED, March 30, 2016 — Reuters — Deere and Co. said on Tuesday it has acquired a majority stake in Hagie Manufacturing, allowing the farm equipment manufacturer to take a greater […] Read more
Tag Archives deere
Deere buys stake in U.S. sprayer maker Hagie
Farm incomes set to fall from record high
Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal […] Read more
German regulator investigates possible tractor cartel
Duesseldorf | Reuters –– Germany’s anti-trust regulator said Friday it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the […] Read more
Deere to cut over 900 U.S. workers as ag economy weakens
Chicago | Reuters — Deere and Co., the world’s largest maker of farm equipment, will lay off more than 900 employees at plants in Iowa and Illinois in the latest […] Read more
Deere chain Cervus buys two Alta. dealerships
Two John Deere farm equipment dealerships in southern Alberta are set to become part of Deere dealer chain Cervus Equipment. Cervus announced Wednesday it’s bought the assets of Deer-Country Equipment, […] Read more
Deere sees equipment sales falling further as farm incomes drop
Reuters — Deere and Co. said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world’s […] Read more