John Deere reports increase in earnings
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Davenport, IA- Iowa's largest manufacturing employer is reporting a very good second quarter. Radio Iowa reports that Deere and Company is declaring net income for the quarter at more than $2.8 billion dollars, up from just $2 billion even a year ago. The Quad Cities-based farm and construction equipment maker is also reporting worldwide net sales and revenues rose by 30% for the quarter, and 31% in the past six months. Chairman and C0O John May says in a news release that Deere is continuing to benefit from "favorable market conditions and an improving operating environment," adding, the company's on the way "to another year of exceptional achievement."
John Deere reports increase in 2Q earnings
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Deere CEO talks about successes in virtual annual meeting
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