John Deere pledges $20 billion U.S. expansion; new factories and facility upgrades in 2025
John Deere chairman and CEO John May unveiled a commitment to invest $20 billion in the United States over the next 10 years, underlining its dedication to American workers, communities and manufacturing, according to the company. John Deere has impacted America since 1837 through U.S. manufacturing, jobs and community growth. The company stated this investment fortifies the its continuous commitment to strategic investments both for today and the future.
The $20 billion commitment builds on the company’s history of economic impact and manufacturing in the U.S.:
- $2.5 billion invested in U.S. factories since 2019.
- $25 billion economic impact of U.S. hometowns.
- $100 million invested in American factories in 2025.
- $80 billion in U.S. supplier investments since 2019.
- 60 facilities across more than 16 states.
Major projects include:
- A 120,000-square-foot expansion of the company’s remanufacturing facility in Missouri.
- Construction of a new excavator factory in Kernersville, N.C.
- Expansion of the Greeneville, Tenn. turf equipment factory.
- New assembly lines for the 9RX high-horsepower tractor in Waterloo, Iowa.
John Deere stated it also remains committed to its people and communities:
- 30,000 U.S.-based John Deere employees.
- 50,000 employees at independent John Deere dealerships.
- $200 million committed through the John Deere Foundation by 2031.
- 450 U.S. military veterans placed into jobs.
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