Deere to Expand Manufacturing Capacity for Hydraulic Cylinders

MOLINE, Ill., June 4, 2012 — (PRNewswire) — Deere & Company announced today it will invest $47 million to expand manufacturing capacity in its Moline, Illinois cylinder operations, where the company builds a broad range of hydraulic cylinders used in the company's agricultural, construction, and forestry machines sold around the world.

"John Deere's continued global growth requires the company to invest in our manufacturing operations," said Mark Von Pentz, president of Deere's Worldwide Agriculture & Turf Division. "Market demand has remained strong for John Deere products and this initiative improves our capability to meet that market demand by improving our manufacturing of hydraulic cylinders, which are a key component in heavy equipment." 

Deere said the investment will result in significant upgrades in machining tools at the cylinder operations but will not require an addition to the physical building. No jobs will be added as a direct result of the investment.

Deere & Company (NYSE: DE) is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity. For more information, visit John Deere at its worldwide website at www.JohnDeere.com.

SOURCE Deere & Company

Contact:
Deere & Company
Ken Golden, Director, Global Public Relations
Phone: +1-309-765-5678
Web: http://www.JohnDeere.com




Review Article Be the first to review this article

Harris

Jobs
GIS Specialist for Metro Wastewater Reclamation District at Denver, Colorado
Upcoming Events
SUE Association at Capitol Skyline Hotel 10 “I” Eye Street, SW Washington, DC - Jul 26, 2018
2018 ENVI Analytics Symposium at The Brown Palace Hotel & Spa Denver CO - Aug 21 - 23, 2018
2018 South Florida GIS Expo at 650 Okeechobee Blvd West Palm Beach FL - Aug 23 - 24, 2018
SPTechCon 2018 at Sheraton Boston Hotel Boston MA - Aug 26 - 29, 2018
Canon: oce crystalPoint
Teledyne Optech
Bentley:RealityModeling
Interdrone 2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise