Deere Company (NYSE:DE)

Deere & Co is an American distributor and manufacturer of agricultural equipment, forestry machinery, turf equipment, and service parts.

The company provides these products under a global brand, John Deere. Its history dates back to 1837, when founder John Deere created a commercial steel plough. However, it was incorporated in 1868 as Deere & Company, with headquarters in Illinois.

The manufacturing company supplies service parts used in material handling, construction, road building, earthmoving, and timber harvesting. It provides a broad spectrum of equipment and machinery under the following categories:
• Agriculture
• Construction
• Forestry
• Golf & sport turf
• Electronic solutions
• Government and military sales
• Landscaping
• Rental sales

The US-based company caters to the global agriculture sector and provides various equipment, including utility tractors, tractor loaders, combines and harvesters, cotton stripper and pickers, etc. In addition, Deere & Co also provides related harvesting and turf equipment, including:
• front-end harvesting equipment
• pull-behind scrapers
• turf equipment
• commercial mowing equipment
• riding lawn equipment
• utility vehicles
• implements for snow, mowing, tilling, debris handling
• turf care applications
• outdoor power products
• self-propelled forage harvesters
• hay and forage machinery
• balers and mowers
• equipment for seeding and tillage
• soil preparation machinery

The rental equipment product portfolio comprises backhoes, compact track loaders, excavators, different kinds of dozers and motor graders, and construction attachments.

The manufacturing company conducts the business under three segments:
• Agriculture and turf
• Financial services
• Construction and forestry

The American Company also enables the online purchase of different equipment with free delivery. In addition, it claims to provide various damage insurance, extended service plans and warranties across its product range.

Deere & Co also provides financing solutions across North America. The firm is a sector leader in the industrial products industry and machinery sub-industry, reportedly The manufacturing operates through various subsidiaries and affiliates, including:
• John Deere Funding
• DFC Canada
• Farm Plan Corporation
• Hamm AG
• Nortrax Inc
• John Deere Canada ULC