Deere & Co. (DE) Will Invest $58M to Enhance Seeding Operations
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Price: $86.29 -1.02%
Overall Analyst Rating:
NEUTRAL (
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Dividend Yield: 2.3%
EPS Growth %: +5.7%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 2.3%
EPS Growth %: +5.7%
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Deere & Company said today it will invest approximately $58 million to enhance operations at John Deere Seeding in Moline where the company manufactures planting equipment.
The investment will be made in conjunction with the implementation of a new factory master plan that targets enhancements in efficiency and quality. Improvements include a new paint system and increased use of automation and robotics.
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The investment will be made in conjunction with the implementation of a new factory master plan that targets enhancements in efficiency and quality. Improvements include a new paint system and increased use of automation and robotics.
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