John Deere

Leading manufacturer of farming and construction equipment.

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Headquarters:
One John Deere Place
Moline, IL 61265
Employees: 50,000
CEO: Robert Lane
Stock Quote: DE

Website: http://www.deere.com

Career Site

John Deere is a leading maker of industrial equipment used in farming and construction including bulldozers, tractors and lawn mowers.

John Deere consists of four major business segments (agricultural equipment, commercial & consumer equipment, construction & forestry and credit). Those segments, along with the support operations of parts and power systems, are focused on helping customers be more productive as they help to improve the quality of life for people around the world.

* Worldwide Agricultural Equipment - John Deere is the world's leading manufacturer of farm equipment. The company offers a complete line of farming services and solutions with products primarily sold and serviced through the industry's premier dealer network.
* Worldwide Commercial & Consumer Equipment - John Deere produces and markets North America's broadest line of lawn and garden tractors, mowers, and other outdoor power products. John Deere Landscapes provides irrigation equipment and nursery supplies to landscape-service professionals across the United States.
* Worldwide Construction & Forestry - The company is the world's leading manufacturer of forestry equipment and is a major manufacturer of construction equipment in North America.
* John Deere Credit Worldwide - John Deere Credit is one of the largest equipment finance companies in the United States and has operations in 17 countries. It provides retail, wholesale and lease financing, and offers revolving credit and operating loans. John Deere serves customers in more than 110 countries, always abiding by World Trade Organization guidelines.

In 2007, Deere had record revenues of $24.0 billion and net income of $1.82 billion.

History

In 1837, blacksmith John Deere created a new steel plow to help farmers cut clean furrows through sticky Midwest prairie soil. The plow became a hit among farmers and Deere was soon producing 1,000 a year. The company was incorporated as Deere and Company in 1868. His son Charles Deere would take over the company.

Benefits

The company offers the following benefits to employees:

Healthcare ­ Medical plans offered through John Deere Health or CIGNA Healthcare. Dental and healthcare reimbursement accounts also offered.

Time Off ­ The standard vacation policy starts with five days after six months and 10 days after the first year of continuous employment. The number of vacation days increases with continuous employment, up to a maximum of five weeks of vacation annually. You can also purchase additional time off to meet your personal needs. Deere recognizes up to 11 holidays per year.

Pension and 401(k) Plan ­ Pension plan provided based on years of service. 401(k) plan offers a minimum company match of 2.5% on the first 6% of your deferrals with a 10% maximum match on the first 6% based on company performance.

Tuition Reimbursement - $7,500 per year for undergraduate programs, $15,000 for graduate programs.

Fitness - On-site workout centers and discounts at local health clubs.

Discounts - Employee discounts on Deere products

Updated February 13, 2008