What to know about the investment of John Derry is $ 20 billion in the United States

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Agricultural equipment giant John Derry It has been announced this year, that it invests nearly $ 20 billion over the next decade to enhance its American operations as part of its continuous commitment to American manufacturing.

“We look forward to moving forward in the legacy of our founder in creativity as we continue to build and invest in America.” AustraliaTell Fox Business.

“We were born here, and we are here to stay.”

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Reed said that the company’s $ 20 billion investment focuses on developing new products, “advanced” technology and more advanced manufacturing capabilities.

John Derry Both banners

John Deree’s banners are displayed in CES 2023 at the Las Vegas Convention Center on January 6, 2023, in Las Vegas. (David Baker / Getty Emponon / Getty Erch)

Founded in 1837 in Grand Detour, IllinoisBy Blacksmith John Deree, the company has made significant investments in the United States in recent years to expand and modernize its factories and build new factories.

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Red said that John Derry is building a $ 70 million factory in Kirnersville, North Carolina, which will be allocated to the manufacture of excavators.

The company recently completed a $ 40 million expansion in Des Moines, IOWA, Factory to Build See & Sprayers, which uses computer vision and artificial intelligence to discover and target weeds. It also invested approximately $ 150 million to renew its factory in East Molin, Illinois, to build the new Combing X9, which raises the capacity of the harvest by about 45 %, according to John Deree.

John Derry Pharmer

Ken Haas, a third -generation farmer, cut the straw to dry before being saved on August 11, 2024, in Elizabeth, Eileen. (Scott Olson / Getty Images / Getty Images)

“These investments help us solve some of the biggest challenges for our customers,” Reid said. “Our customers are the backbone of our societies, and we are proud to provide solutions that make their jobs easier and more efficient.”

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Nearly 80 % of the American John Derry sales and 25 % of its international sales from Manufactured products locally. Reed said that the company is employing about 30,000 people in more than 60 American sites, and its network is employed by independent American agents.

John Derry

John Dere Equipment For Sale in AG United AG and Turf in Colchster, Kun, November 3, 2023. (Joe BGLEWICZ / Bloomberg via Getty Images / Getty Images)

These recruitment numbers include high school students that the company helped to present to skilled deals through the industrial disciples program and hundreds of American military warriors He said that his appointment in a variety of roles in the company.

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“We are proud that, as a company, helped us build America over the past two centuries by supporting farmers, livestock and construction crews,” said Reed. “We have succeeded in preparing them to feed them, dress, preliminary, plant, growth, harvest and building our country for generations.”



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