Deere & Co.

NYSE:DE   3:59:59 PM EDT
+2.16 (+0.72%)
Layoffs, Products

Deere Says Will Move Cab Production From Tractor And Cab Assembly Operations In Waterloo, Iowa To Ramos Component Works In Mexico

Published: 06/03/2022 15:36 GMT
Deere & Co. (DE) - Deere Says Will Move Its Cab Production From Tractor and Cab Assembly Operations in Waterloo, Iowa to Ramos Component Works in Mexico.
Deere-estimate Approx 250 Production Employees Could Be Impacted in Waterloo; Anticipate Attrition ,tight Job Market Will Mitigate Impact Over 2 Years.
Deere-move is Expected to Be Completed During the 2024 Fiscal Year.
Further Company Coverage: Den ((reuters.