Farm manufacturing giant John Deere plans to invest about $20 billion over the next decade in American manufacturing, the company announced earlier this year in an earnings call.
John Deere pledges to pour $20B into its US operations to ‘continue building and investing in America’ https://t.co/050NFJjyJs pic.twitter.com/epjxxV2Cmm
— NY Post Business (@nypostbiz) August 9, 2025
“We look forward to carrying forward our founder’s legacy of ingenuity as we continue building and investing in America,” Cory Reed, president of Deere & Co.’s worldwide agriculture and turf division for production and precision agriculture in the Americas and Australia, told FOX Business.
“We were born here, and we’re here to stay.”
The investment hones in on developing new products, “cutting-edge” technology and advanced manufacturing capabilities, Reed told Fox Business. (RELATED: John Deere Drops Sweeping Policy Updates That’ll Have Conservative Customers Cheering)
BOOM! John Deere to invest nearly $20,000,000,000.00 over the next 10 years in expanding U.S. manufacturing.
“BUILDING AMERICA” pic.twitter.com/2st2MWXEKW
— Gunther Eagleman™ (@GuntherEagleman) May 21, 2025
The company–founded in 1837 in Grand Detour, Ill.—is building a $70 million factory in Kernersville, N.C., which will be dedicated to manufacturing excavators, Reed told Fox Business.
John Deere recently invested $40-million in its Des Moines, Iowa factory that uses artificial intelligence and computer vision to target weeds. It also invested about $150 million to renovate its East Moline, Ill. factory to raise harvesting capacity, its website states.
Reed told Fox Business that the company employs about 30,000 people at more than 60 U.S. locations, and its domestic dealerships employ an additional 50,000 people. About 80 percent of the company’s domestic sales and about one-quarter of its international sales come from products manufactured domestically.