Profile: Deere & Co (DE)
27 Jun 2016
Deere & Company, incorporated on April 25, 1958, is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Company's agriculture and turf segment primarily manufactures and distributes a range of agriculture and turf equipment and related service parts, including large, medium and utility tractors; loaders; combines, corn pickers, cotton and sugarcane harvesters, and related front-end equipment and sugarcane loaders; tillage, seeding and application equipment, including sprayers, nutrient management and soil preparation machinery; hay and forage equipment, including self-propelled forage harvesters and attachments, balers and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles and commercial mowing equipment, along with a line of associated implements, and integrated agricultural management systems.
The Company's construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting, including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders, and log skidders, feller bunchers, log loaders, log forwarders, log harvesters and related attachments. These products are marketed primarily through independent retail dealer networks and retail outlets. The Company's financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment, and construction and forestry equipment. In addition, the financial services segment provides wholesale financing to dealers of the foregoing equipment, finances retail revolving charge accounts, and offers crop risk mitigation products and extended equipment warranties.
Deere & Co
One John Deere Place
MOLINE IL 61265-8098
Company Web Links
- BRIEF-Deere & Co sets regular quarterly dividend of $0.60/shr
- Deere posts lower quarterly results, cuts profit outlook
- UPDATE 4-Deere posts lower quarterly results, cuts profit outlook
- BRIEF-Deere & Co expects Q3 2016 net sales to be down 12 pct
- BRIEF-Deere sees other priorities before share buybacks -CFO