The investment plan included the construction of a 142,500 square feet factory equipped with the latest cutting edge manufacturing technology on TYM's 900,000 square feet factory grounds in Rome, Ga. The expansion of current parts center and the establishment of the TYM Technology Institute (TTI) for service education were also included in the investment plan.

Deere's small agriculture and turf sales were $3.6 billion, up 5% from $3.4 billion during the same period last year.

In 1947, forester Joe Cox observed the C-shaped jaws of a timber beetle larva deftly chewing through wood. This was the inspiration for his “Cox Chipper Chain,” which he quietly invented in the basement of his home in Portland, Ore.