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
Rand3D

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
The Rise of Mechatronics at Dassault Systèmes Santa Clara 3979 Freedom Circle, Ste 750 Santa Clara CA - Sep 14, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Kenesto: 30 day trial



Internet Business Systems © 2017 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 GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise