Deere & Company is one of the largest manufacturers of agricultural and construction equipment in the world. With a US$40 billion market cap and a history that dates back to 1837, Deere has survived (and thrived) by developing innovative products, expanding into new markets, and successfully pivoting away from businesses that are no longer profitable. Through it all though, Deere has stayed true to its mission: “To be the most admired company in our industry.”
Equipment manufacturer and sales
John Deere’s business model puts them at the top of their industry, because they are a leader in both equipment manufacturing and sales.
Deere is a global leader in the agricultural equipment industry. They are the world’s largest manufacturer of tractors and combines, which are used on farms to harvest crops like wheat and corn.
Parts and services
You can also buy parts or have your equipment serviced directly from Deere. Deere is so confident in the quality of its products that it offers a variety of service plans to keep you up and running at all times.
Technology and innovation
One of the reasons John Deere has been so successful is that it keeps itself at the forefront of agricultural technology. The company invests a lot of money in research and development, which means that farmers get access to some pretty amazing technology. For example, one recent innovation that came out of John Deere’s R&D department was an autonomous tractor called “Autonomous Concept Vehicle”. It uses sensors and cameras to steer itself on the farm without driver intervention or human intervention from afar.
Deere is a leader in the agricultural equipment industry.
Deere is the world leader in agricultural equipment. It’s also the world’s largest manufacturer of construction equipment and lawn and garden equipment. In other words, if you’re looking for anything related to farming, Deere has got you covered—and they’ve been doing it since 1837!
Deere manufactures a variety of different types of machinery used by farmers, ranchers and other agricultural workers. Some examples include tractors (which are used for plowing fields), hay balers (which cut up hay into smaller pieces) and combines (which cut grasses like oats). They also make planters that help plant seeds evenly across field areas; sprayers that apply pesticides or fertilizers; disc harrows that break up soil after planting time; tillage tools such as chisels which can be used during plowing operations; fertilizer spreaders which distribute fertilizer evenly over an area before sowing seeds so they grow properly without competing against each other for nutrients; sprinkler systems which spray water over crops regularly throughout their growing cycle so plants remain healthy even when drought conditions arise later on down south).
Deere isn’t just a company that sells tractors and lawn mowers, it’s also an innovator in fields like cybersecurity and precision agriculture. If you think this company has potential to change your life and the world, then go ahead and invest in it!
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