John Deere Expanding Famous Tractor Facility 28/02/2008

John Deere will be growing its large horsepower tractor market they announced this month. John Deere tractors will invest an additional $90 million into its Waterloo, Iowa facilities with plans to expand the manufacturing facilities for its large, speedy horsepower tractors. The tractors have been enjoying increasing demand for the high powered, versatile tractors. The increasing demand for food production across the globe, especially meat and bio-fuels has seen farm machinery sell for higher prices, and fueling global demand for tractors made in Waterloo. John Deere tractors built in Waterloo are exported to more than 130 countries and mostly seen on the North American market. The $90 million investment will increase high-horsepower tractor manufacturing by 25 percent and will be ready by 2010.

The large investment will include tractor tooling, new technology, and improved work processes as well as redoing the current paint system. This investment plan follows on from a previous $140 million injected into the Waterloo plant over the last few years and will improve efficiencies in John Deeres largest tractor factory in the world. The large John Deere tractors were released last year, the 9030 Series Scraper tractors are available in three models, the 425 hp to 530 hp and are designed for large scale scraper operations. The John Deere tractors are well known for providing power, productivity and operator comfort and cleaner burning engines that meet federal Tier III emission standards. The tractors feature PowerTech Plus engines, and are cleaner burning than previous models and designed to be the most efficient and fast models on the market.

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