John Deere & Company is one of the world’s largest makers of farm equipment. Deere also is a leading producer of industrial, forestry, and lawn-care equipment. The company’s Commercial and Consumer Equipment division (CCE), which develops and markets ATVs and utility vehicles, had sales of $2.5 billion for the nine month period ended July 31, 2003.
Corporate-wide, the company earned $247.5 million on sales of $11.6 billion for the nine months ended July 31, 2003. By comparison, sales of Polaris Industries for 2002 were $1.5 billion and Arctic Cat’s fiscal 2003 revenues were $0.6 billion.
Deere, based in Moline, Ill., employs some 43,000 people and does business in more than 160 countries. The CCE division is based in Cary, N.C. It has 2,500 dealers in North America. For more information, visit the Deere Web site at www.johndeere.com.
Copyright 2004 Powersports Business