Why did John Deere make so much money?


Why did John Deere make so much money?

Soaring demand for new homes and an expected boost in bridge, road and other infrastructure construction also is increasing sales of other Deere equipment. Deere reported global sales for nine months hit $32.7 billion. Full-year sales were $35.6 billion in 2013, company records show.

Who was John Deere and what did he do?

John Deere was a blacksmith who developed the first commercially successful, self-scouring steel plow in 1837 and founded the company that still bears his name. Deere was born in 1804 in Rutland, Vermont.

What was John Deere’s salary last year?

For fiscal year 2021, net income attributable to Deere & Company was $5.963 billion, or $18.99 per share, compared with $2.751 billion, or $8.69 per share, in fiscal 2020.

How much does John may make?

Compensation by Company

Name And Title Total Cash Total Compensation
John C. May Chairman and Chief Executive Officer Total Cash $9,484,977 Total Compensation $19,171,090
Ryan D. Campbell Senior Vice President and Chief Financial Officer Total Cash $4,016,057 Total Compensation $6,461,344

Where do they make John Deere tractors?

John Deere tractors are produced in 9 countries around the world. There are three factories in Brazil that manufacture tractors and harvesters. More John Deere equipment is produced in factories in Argentina, Finland, France, two in Germany, The Netherlands, and in four factories in India.

What John Deere tractors are made in Augusta Georgia?

John Deere’s Augusta, GA factory was established in 1990 and its first tractor ever off the line was a 55 series model in 1991. Since then, the factory has produced compact utility tractors and 1, 2, 3, 4 and 5 Series models from 26 to 115hp for customers all over the world.