John Deere announces $20 billion commitment

The company plans to continue the economic impact through U.S. investments.

economic impact graphic

John Deere

John Deere chairman and CEO John May announced a commitment to invest $20 billion in the United States over the next 10 years. John Deere has helped build America since 1837 through U.S. manufacturing, jobs and community growth.

Impacting the U.S. economy:

  • $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 sq. ft. expansion of the company’s remanufacturing facility in Missouri
  • Construction of a new excavator factory in Kernersville, North Carolina
  • Expansion of the Greeneville, Tennessee, turf equipment factory
  • New assembly lines for the 9RX high-horsepower tractor in Waterloo, Iowa

Creating jobs and strengthening U.S. 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