John Deere Pledges $20B Investment in U.S. Over Next Decade
Editorial StaffThe Facts -
- John Deere commits $20 billion to U.S. investment over 10 years.
- Projects include factory expansions in Missouri, NC, Tennessee, and Iowa.
- 30,000 U.S. workers and $200 million for communities by 2031.
John Deere is making a significant investment in the future of American manufacturing, pledging $20 billion to various projects across the United States over the next decade. Announced by Chairman and CEO John May during the 2Q 2025 earnings call, this initiative highlights the company's long-term commitment to enhancing U.S. jobs, communities, and industry through strategic investments.
Strengthening the U.S. Economy
This financial commitment is a continuation of John Deere's long-standing impact on U.S. manufacturing. Since 2019, the company has invested notable amounts in its domestic operations:
- $2.5 billion directed towards U.S. factories
- $25 billion contributed to the economic vitality of U.S. hometowns
- $100 million allocated to American factories in 2025
- $80 billion funneled into U.S. supplier investments since 2019
- Operations spread across 60 facilities in over 16 states
Significant Projects on the Horizon
The ambitious $20 billion plan includes several major initiatives designed to bolster the company’s infrastructure and capabilities:
- A 120,000 sq. ft. expansion at Deere’s remanufacturing facility in Missouri
- Setting up a new excavator factory in Kernersville, North Carolina
- Expanding the Greeneville, Tennessee turf equipment factory
- Introducing new assembly lines for the 9RX high-horsepower tractor in Waterloo, Iowa
Advancing Employment and Community Support
John Deere is equally focused on creating job opportunities and supporting communities through its operations:
- 30,000 employees working directly for John Deere in the U.S.
- 50,000 personnel employed through independent John Deere dealerships
- A pledge of $200 million via the John Deere Foundation by 2031
- Job placements for 450 U.S. military veterans
These initiatives are designed to foster robust local economies, create meaningful career paths, and empower the workforce that supports America’s agricultural backbone.
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