Worldwide net sales and revenues decreased 3% for the third quarter of 2019 and increased 5% for 9 months. Company equipment sales are projected to increase by about 4% for fiscal 2019 compared with 2018.
Net sales from the agriculture & turf division improved by 3% to $7.3 billion vs. $7.04 billion the previous year. Year-to-date, net sales for the division were nearly $12 billion, an increase of 6% vs. the first 6 months of 2018.
Deere spokesperson Ken Golden says problems arose from past errors in air permits issued in 2005 for the center's engine test cells. He says that Deere took corrective actions and worked with Iowa officials toward the issuance of new permits after learning of the problems in late 2016.
K.C. Nielsen Ltd.’s Manson, Iowa, location was destroyed by a fire Sunday, April 14. It took at least 10 local fire departments to put out the fire and the dealership was estimated to be a complete loss.
Moline-based Deere & Co. announced Friday that its Board of Directors has elected John C. May, 49, president and chief operating officer, effective April 1.
Deere & Co. reported net income of $498.5 million for the first quarter ended Jan. 27, 2019 compared with a net loss of $535.1 million for the quarter ended Jan. 28, 2018.
Hutson Inc., a 13-store dealership based in Murray, Ky., uses direct mail for seasonal promotions, to drive service business and to stay connected with customers.
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