John Deere to Invest $20 Billion in U.S. Manufacturing

MOCKSVILLE, N.C. — John Deere announced today that it will invest $20 billion in U.S. manufacturing over the next decade, contradicting recent speculation about the company freezing its domestic operations.

Chairman and CEO John May emphasized the significance of this investment, stating, “Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions, and manufacturing capabilities.”

The announcement comes in response to misleading claims circulating on social media regarding potential layoffs and production cuts. According to the company, this investment is a strategic move to enhance job creation and long-term growth in the U.S. manufacturing sector.

Currently, more than 30,000 employees at John Deere work across 60 factories and offices in over 16 states, producing equipment for agriculture, construction, and landscaping sectors.

“This underscores our dedication to innovation and growth while staying cost-competitive in a global market,” May added, highlighting the company’s long-standing presence in American manufacturing since 1837.

With this investment, John Deere aims to bolster its manufacturing capabilities, ensuring that it continues to offer state-of-the-art equipment and solutions for its customers. As the company moves forward, it reassures the public and its workforce of its commitment to American industry and jobs.