Quality Equipment, a John Deere Ag & Turf dealer group, has purchased the assets of Gay Implement Company in Seaboard, NC. In addition, the Perry Family (owners of Gay Implement) reinvested into Quality Equipment, LLC, becoming one of the business' valued ownership partners.
A July 21 report from the Ottumwa Courier said John Deere will move production of mower conditioners from its plant in Ottumwa, Iowa, to its factory in Monterrey, Mexico, by the end of 2023.
United Ag & Turf, a 31 location John Deere dealership, headquartered in Bryan, Texas has completed the acquisition of Fish & Still Equipment, a John Deere Dealership, with locations in Nacogdoches, Marshall, Henderson, Crockett, and Lufkin, Texas.
John Deere announced its financial unit in Brazil had collaborated on a new entity named InovaBra. The ownership of the new unit will be shared with Bradesco, one of the largest retail banks in the country.
According to Avant Marketing Group’s 2022 Power Brand Study, 60% of surveyed farmers owned a John Deere combine, followed by Case IH at 28.2% and Gleaner at 4%.
Based on the results of the new 2022 Ag Equipment Intelligence Big Dealer Report, Kubota continues to see an increase in its number of big dealers and more dealers with Kubota as their sole major-line.
According to a verdict filed July 8, 2022, a Delaware jury has found John Deere failed to prove certain Precision Planting products infringed on Deere's patents.
According to a June 17 report from Morningstar, Titan International has entered a "global long-term agreement" to supply John Deere with wheels and tires.
In a statement to Ag Equipment Intelligence, John Deere stated it will "consolidate the manufacturing of cabs from the Tractor and Cab Assembly Operations (TCAO) to Ramos Component Works in Mexico."
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.