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Dispite Farm Equipment Sales Down Deere Hires New Workers
10 days ago
Farm machinery sales for new equipment remain the lowest in nearly a decade, but John Deere, for one, sees better days ahead. The Association of Equipment Manufacturers‘ latest data through September shows new tractor sales down 12.6% from a year ago, new combine sales down just short of 10%, but in spite of those numbers, John Deere reporting they plan to hire 400 new employees over the coming months and they continue callbacks from those that were laid off earlier, adding another 275 in Waterloo, Iowa alone, bringing total callbacks since 2024 to 1,000. This is the bottom-line report.
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