Description

Deere & Company, a venerable firm founded in Moline, Illinois, in 1837, stands as a global leader in the manufacture and distribution of a diverse range of agricultural, construction, and forestry equipment. Its extensive operations are strategically divided into four primary business segments: Production and Precision Agriculture: This division specializes in heavy machinery designed for large-scale farming and grain production. Its offerings include mid-sized tractors, combine harvesters, cotton pickers and strippers, sugarcane harvesting and loading equipment, pull-behind scrapers, along with essential tillage, seeding, and application machinery such as sprayers, nutrient management systems, and soil preparation equipment. Small Agriculture and Turf: Catering to smaller farming operations, landscaping, and grounds care, this segment provides utility tractors complete with loaders and attachments. It also supplies a variety of turf and utility equipment, including riding lawnmowers, commercial mowing equipment, golf course machinery, utility vehicles, and numerous implements for tasks like mowing, tilling, snow and debris removal, aeration, and comprehensive residential, commercial, golf, and sports turf maintenance. This segment additionally resells products from other manufacturers, serving dairy and livestock producers, crop farmers, and a broad range of turf and utility customers. Construction and Forestry: This segment delivers robust equipment for the construction and logging industries. Its comprehensive product line encompasses backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, and a full suite of roadbuilding machinery including milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. Furthermore, it offers specialized forestry equipment such as log skidders, feller bunchers, loaders, forwarders, and harvesters, alongside various attachments. Financial Services: This segment provides crucial financial support for equipment sales. It offers financing for the retail sale and leasing of agricultural, turf, construction, and forestry equipment. Additionally, it extends wholesale financing options to dealers, provides extended equipment warranties, and manages retail revolving charge accounts.