Trump Announces John Deere to Invest $70 Million in North Carolina
President Donald Trump announced Tuesday that John Deere will invest $70 million in North Carolina for an excavator factory.

President Donald Trump announced Tuesday that John Deere will invest $70 million in North Carolina for an excavator factory.

John Deere, the world’s largest agricultural machinery manufacturer, must face a lawsuit filed by the FTC and five states over its stranglehold on tractor and agricultural equipment repairs, a judge has ruled.

The FTC, along with the states of Illinois and Minnesota, has filed a lawsuit against agricultural equipment giant John Deere, alleging that the company has illegally restricted farmers and independent technicians from repairing Deere equipment.

John Deere has announced plans to introduce a range of self-driving farm and work vehicles, including tractors, dump trucks, and even a robotic lawnmower. The company plans a fully-autonomous corn and soybean farming system by 2030.

Republican vice presidential nominee Sen. JD Vance (R-OH) on Wednesday said that a Trump administration would use tariffs to “fight back against the theft of the American middle-class.”

Donald Trump said Monday that if John Deere moves manufacturing to Mexico, he will impose a 200-percent tariff on its imports to the U.S.

A married Iowa couple were laid off by John Deere on the same day as part of a massive wave of personnel downsizing after sales at the agricultural machinery company took a plummet.

John Deere is prepping for more big layoffs in two states that will leave 610 staffers without their jobs on August 30.

Approximately 150 workers at the John Deere Des Moines Works in Ankeny, Iowa, will experience layoffs soon.

John Deere announced to its employees on Wednesday that it will be moving part of its Tractor and Cab Assembly Operations facility from Waterloo, Iowa, to Mexico by Fiscal Year 2024.

Farmers stand to be hit hard by Biden’s supply chain crisis if they are unable to get the equipment they need before harvest time.

Over 10,000 John Deere workers from 14 different locations are on strike after the United Auto Workers (UAW) union told its members no new agreement was forged with the farm equipment-making giant meeting the “demands and needs” of the workers.
