Headlights on Deere

U.S. agricultural staple makes $20 billion commitment to United States

During the company’s second quarter earnings call on May 15, John Deere chairman and CEO John May announced a commitment to invest $20 billion in the United States over the next 10 years. The iconic company prides itself on a long history of relationships with American communities. Below are the broad strokes of the investment, sourced from the official John Deere website.

Economic impact:

The $20 billion commitment builds on the company’s history of economic impact and manufacturing in the U.S., including:

• $2.5 billion invested in U.S. factories since 2019

• $25 billion economic impact of U.S. hometowns

• $100 million invested in American factories in 2025

• $80 billion in U.S. supplier investments since 2019

• 60 facilities across more than 16 states

Major projects:

• A 120,000 sq. ft. expansion of the company’s remanufacturing facility in Missouri

• Construction of a new excavator factory in Kernersville, North Carolina

• Expansion of the Greeneville, Tennessee turf equipment factory

• New assembly lines for the 9RX high-horsepower tractor in Waterloo, Iowa

Workforce impact:

• 30,000 U.S.-based John Deere employees

• 50,000 employees at independent John Deere dealerships

• $200 million committed through the John Deere Foundation by 2031

• 450 U.S. military veterans placed into jobs

Data is sourced from the John Deere website. To learn more, visit https://about.deere.com/en-us/us-impact.