# Deere & Company

> American agricultural and industrial auto manufacturing corporation

**Wikidata**: [Q496302](https://www.wikidata.org/wiki/Q496302)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/John_Deere)  
**Source**: https://4ort.xyz/entity/deere-company

## Summary
Deere & Company, commonly known as John Deere, is an American corporation specializing in agricultural, construction, and industrial machinery manufacturing. Founded in 1837 by John Deere, it is a public company listed on the New York Stock Exchange (NYSE) and a component of the S&P 500 index. Headquartered in Moline, Illinois, the company is renowned for its iconic green and yellow machinery, including tractors, harvesters, and excavators.

## Key Facts
- **Founded**: 1837 by John Deere in Grand Detour, Illinois.
- **Headquarters**: Moline, Illinois, United States.
- **Industry**: Agricultural and industrial machinery manufacturing.
- **Products**: Tractors (e.g., John Deere 8530, Model A, 3020, 9630), forage harvesters, skid-steer loaders, excavators, backhoes, graders, diesel engines, combine harvesters, cotton pickers, sugarcane harvesters, telescopic handlers, and forestry equipment (harvesters, forwarders, skidders).
- **Revenue**: $39.26 billion (2020), $44.02 billion (2021), $50.97 billion (2022).
- **Employees**: 67,000 (2020).
- **Stock Exchange**: Listed on the New York Stock Exchange (NYSE) under ticker DE.
- **Indices**: Component of the S&P 500.
- **Subsidiaries**: John Deere Financial, John Deere Landscaping.
- **Founder**: John Deere (1804–1886), American blacksmith and manufacturer.
- **Key People**: CEO and Chairman (historical: John Deere; current: not specified in source material).
- **Global Presence**: Operates in over 130 countries.
- **Notable Models**: John Deere 8530, Model A, 3020, 9630 tractors.
- **Diesel Engine Production**: Specializes in high-torque, compression-ignition engines.
- **Forestry Equipment**: Manufactures harvesters, forwarders, and skidders for logging operations.
- **Agricultural Innovations**: Pioneered steel plows, mechanical harvesters, and precision agriculture technologies.

## FAQs
**What is Deere & Company's primary business?**  
Deere & Company designs, manufactures, and markets agricultural, construction, and industrial machinery, including tractors, harvesters, and excavators, alongside providing financial services through subsidiaries like John Deere Financial.

**When and by whom was Deere & Company founded?**  
Founded in 1837 by John Deere, a blacksmith who developed the first commercially successful steel plow, addressing the challenges of farming in the American Midwest.

**What are some of Deere & Company's most notable products?**  
Iconic products include the John Deere 8530 tractor, Model A tractor, and 9630 tractor, as well as combine harvesters, cotton pickers, and forestry equipment like harvesters and skidders.

**Where is Deere & Company headquartered, and what is its global reach?**  
Headquartered in Moline, Illinois, the company operates globally, with a presence in over 130 countries, serving agricultural, construction, and forestry sectors worldwide.

**What financial indices is Deere & Company part of?**  
Listed on the New York Stock Exchange (NYSE) under the ticker DE and included in the S&P 500 index, reflecting its market significance and stability.

## Why It Matters
Deere & Company is a cornerstone of modern agriculture and industrial development, revolutionizing farming practices since the 19th century. Its innovations, from the steel plow to precision agriculture technologies, have dramatically increased agricultural productivity, enabling global food security. As a leader in heavy machinery, Deere supports infrastructure development and forestry management worldwide. Its financial services arm further facilitates access to capital for farmers and businesses, driving economic growth. The company’s commitment to R&D ensures continued adaptation to environmental and technological challenges, solidifying its role in sustaining global ecosystems and economies.

## Notable For
- **Pioneering Agricultural Tools**: Invented the first commercially successful steel plow in 1837, transforming farming efficiency.
- **Global Market Leadership**: Dominates the agricultural machinery sector with a presence in over 130 countries.
- **Diversified Product Portfolio**: Offers a wide range of machinery, from tractors and harvesters to construction and forestry equipment.
- **Innovation in Precision Agriculture**: Develops advanced technologies integrating GPS, IoT, and data analytics for optimized farming practices.
- **Iconic Brand Recognition**: The John Deere logo and green-and-yellow color scheme are globally recognized symbols of agricultural excellence.
- **Longevity and Stability**: Operates as a public company since 1868, maintaining consistent growth and adaptation over 185 years.
- **Sustainability Initiatives**: Focuses on reducing environmental impact through efficient machinery and renewable energy solutions.

## Body

### History and Founding
Deere & Company traces its origins to 1837 when John Deere, a Vermont-born blacksmith, established a forge in Grand Detour, Illinois. Deere’s innovation of a steel plow, designed to cut through the Midwest’s tough prairie soil, revolutionized agriculture and laid the foundation for the company’s growth. The business was officially incorporated in 1868, transitioning to a public company to fuel expansion.

### Product Portfolio and Innovation
The company’s product line spans agricultural, construction, and forestry machinery, including:
- **Tractors**: Models like the John Deere 8530 and 9630 are renowned for power and efficiency.
- **Harvesting Equipment**: Combine harvesters, cotton pickers, and sugarcane harvesters streamline crop collection.
- **Construction Machinery**: Excavators, backhoes, and skid-steer loaders support infrastructure projects.
- **Forestry Equipment**: Harvesters, forwarders, and skidders facilitate sustainable logging practices.
- **Diesel Engines**: High-performance engines power industrial and agricultural applications.

Deere & Company invests heavily in research and development, integrating technologies like GPS guidance, automation, and data analytics to enhance precision agriculture. This focus on innovation helps farmers optimize yields, reduce waste, and adapt to climate challenges.

### Global Operations and Financials
Headquartered in Moline, Illinois, Deere & Company operates in over 130 countries, with key manufacturing and distribution centers worldwide. The company’s revenue exceeded $50 billion in 2022, reflecting its dominance in the agricultural machinery market. As a publicly traded entity (NYSE: DE) and S&P 500 component, Deere maintains a strong financial position, supporting R&D and global expansion.

### Leadership and Corporate Structure
John Deere’s legacy continues under modern leadership, though specific current executives are not detailed in the source material. The company operates through subsidiaries like John Deere Financial, which provides leasing and credit services, and John Deere Landscaping, catering to turf care and landscaping professionals.

### Cultural and Industrial Impact
Deere & Company’s contributions extend beyond machinery. The iconic green-and-yellow branding symbolizes reliability and innovation in agriculture. The company’s equipment has played a pivotal role in historical events, such as the American Westward Expansion and the Green Revolution, which transformed global food production. Today, Deere remains at the forefront of addressing contemporary challenges, including sustainable farming practices and reducing carbon emissions through efficient machinery.

### Related Entities and Partnerships
- **New York Stock Exchange (NYSE)**: Deere & Company’s primary stock exchange listing.
- **S&P 500**: Inclusion in this index underscores its market influence and stability.
- **German Research Center for Artificial Intelligence (DFKI)**: Collaborations in precision agriculture technologies.
- **Tom-Jelte Slagter**: Sponsored athlete, reflecting Deere’s engagement in community and sports initiatives.

### Challenges and Adaptation
Deere & Company faces industry-wide challenges, including fluctuating commodity prices, trade policies, and environmental regulations. The company addresses these through strategic diversification, investment in renewable energy solutions, and advocacy for sustainable agricultural practices. Its ability to innovate and adapt ensures continued relevance in evolving global markets.

## References

1. [Source](https://www.deere.com/en/our-company/leadership/may-john-c/)
2. GRID Release 2017-01-10
3. Virtual International Authority File
4. [Source](https://www.ishares.com/us/products/239723/ishares-sp-100-etf)
5. Polygon.io
6. [Source](https://www.designetz.de/ueber-designetz/zusammenarbeit/projektpartner/)
7. ROR release v1.19
8. Freebase Data Dumps. 2013
9. Global LEI Index
10. [Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/315189/000155837021016864/de-20211031x10k.htm)
11. [Form 10-K. 2009](https://www.sec.gov/Archives/edgar/data/0000315189/000110465909070344/a09-32005_110k.htm)
12. [Form 10-K. 2010](https://www.sec.gov/Archives/edgar/data/0000315189/000110465910063219/a10-17745_110k.htm)
13. [Form 10-K. 2011](https://www.sec.gov/Archives/edgar/data/0000315189/000110465911070023/a11-24734_110k.htm)
14. [Form 10-K. 2012](https://www.sec.gov/Archives/edgar/data/0000315189/000110465912084558/a12-16222_110k.htm)
15. [Form 10-K. 2013](https://www.sec.gov/Archives/edgar/data/0000315189/000110465913090354/a13-17985_110k.htm)
16. [Form 10-K. 2014](https://www.sec.gov/Archives/edgar/data/0000315189/000110465914087794/a14-20671_110k.htm)
17. [Form 10-K. 2016](https://www.sec.gov/Archives/edgar/data/0000315189/000104746916017244/a2230400z10-k.htm)
18. [Form 10-K. 2017](https://www.sec.gov/Archives/edgar/data/0000315189/000104746917007719/a2233505z10-k.htm)
19. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0000315189/000155837019011614/de-20191103x10k.htm)
20. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0000315189/000155837020014436/de-20201101x10k.htm)
21. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0000315189/000155837022018703/de-20221030x10k.htm)
22. [Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/0000315189/000155837023019812/de-20231029x10k.htm)
23. [Form 10-K. 2024](https://www.sec.gov/Archives/edgar/data/0000315189/000155837024016169/de-20241027x10k.htm)
24. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0000315189/000155837021016864/de-20211031x10k.htm)
25. GRID Release 2016-12-06
26. [Source](https://www.deere.com/en/news/all-news/2019-aug29-leadership-announcement/)
27. [Source](https://www.prnewswire.com/news-releases/mike-johanns-elected-to-deere--company-board-of-directors-300017136.html)
28. [Source](https://www.prnewswire.com/news-releases/boeing-executive-leanne-caret-joins-deere-board-of-directors-301412818.html)
29. [Source](https://news.thomasnet.com/companystory/clayton-m-jones-rockwell-collins-chairman-president-and-ceo-elected-to-deere-and-company-board-of-directors-530234)
30. [Source](https://www.deere.com/en/news/all-news/2020may1-erwin-joins-board/)
31. [Source](https://www.prnewswire.com/news-releases/gregory-r-page-cargill-ceo-to-join-deere-board-of-directors-209643071.html)
32. [Source](https://www.prnewswire.com/news-releases/alan-heuberger-elected-to-deere--company-board-of-directors-300382067.html)
33. [Source](https://www.prnewswire.com/news-releases/holliday-elected-to-deere--company-board-of-directors-300567678.html)
34. [Source](https://www.constructionequipmentguide.com/sherry-smith-elected-to-deere-and-company-board-of-directors/17364)
35. [Source](https://www.prnewswire.com/news-releases/deere--company-board-of-directors-adds-two-members-300089388.html)
36. Aligned ISNI and Ringgold identifiers for institutions
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