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The Daily Insight Hub

What year did John Deere become a company?

Author

Sophia Koch

Updated on January 11, 2026

1837
John Deere was a blacksmith who developed the first commercially successful, self-scouring steel plow in 1837 and founded the company that still bears his name.

What companies are owned by John Deere?

John Deere

John Deere World Headquarters in Moline, Illinois
Number of employees69,600 (2020)
Divisions
SubsidiariesNortrax, Vapormatic, Hagie, Monosem, Blue River Technology, Harvest Profit, Navcom Technology, OnGolf, Lesco, Unimil, John Deere Financial
Websitedeere.com

What is John Deere’s net worth?

In 2014, the Fortune Global 500 company held total assets to the value of approximately 61.3 billion U.S. dollars….Total assets of John Deere (Deere & Company) from 2013 to 2020 (in million U.S. dollars)

CharacteristicTotal assets in million U.S. dollars
201973,011
201870,108

Where did the John Deere company start?

Grand Detour, Illinois, United States
John Deere/Place founded

Are John Deere tractors made in China?

Currently John Deere makes agricultural tractors, combines and engines in China. And AGCO manufactures agricultural tractors, harvesting machinery, diesel engines and grain storage equipment. Other major foreign manufacturers — including Claas and Kubota — also have factories in China.

Who is John Deere’s biggest competitor?

John Deere’s largest competitors include CNH Industrial (U.K.), Kubota Corp. (Japan), AGCO (U.S.) and Claas KGaA (Germany).

What brand engine does John Deere use?

The engines used in their machinery are mainly made by themselves but for certain machinery which requires less horsepower like 100Hp and below, John Deere uses engines from Kawasaki, Yanmar, and Briggs & Stratton.

What farm tractors are made in the USA?

Top 7 Best American Made Tractor Brands You Should Know

  • John Deere.
  • Massey Ferguson.
  • Ventrac.
  • New Holland (part of CNH global)
  • Tuff-Bilt.
  • Power Trac.
  • Tilmor.

    Who is bigger John Deere or Caterpillar?

    Caterpillar is notably bigger than Deere. Caterpillar’s total revenues in 2018 stood at $55 billion – almost 50% more than Deere’s $37 billion. However, Caterpillar has added roughly $7.7 billion to total revenue since 2015 at an average annual rate of 5.2%.

    When did John Deere start his own company?

    It is headquartered in Moline, Ill. The company’s origin dates to 1836, when John Deere ( q.v.) invented the first steel plow that could till American Midwest prairie soil without clogging. The following year, Deere established a business to manufacture and market the plow, and his own company was incorporated as Deere & Company in 1868.

    What kind of company is Deere and Company?

    One of the five oldest companies in the United States, Deere & Company is the world’s largest manufacturer of agricultural equipment and a major U.S. producer of construction, forestry, and lawn and grounds care equipment.

    Where are the headquarters of John Deere tractors?

    Inside the United States, the company’s primary locations are its administrative center in Moline, Illinois, and manufacturing factories in central and southeastern United States. As of 2016 [update] , the company experiments with an electric farm tractor .

    When did the Deere and Mansur company start?

    1848: The company moved from its birthplace in Grand Detour, IL to Moline, IL due to the latter’s water, power, and transportation advantages. 1887: The Deere & Mansur Company, formed by Charles Deere and Alvah Mansur, a business partner of the Deere family, is a top manufacturer of planters.