John Deere is making a big push to grow its U.S. manufacturing. The company said it will invest $20 billion over the next 10 years to expand and upgrade its American operations.
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In doing so, John Deere also shot down recent online rumors that it would freeze domestic production. A story circulating online claimed the company was planning an “unprecedented shutdown” of U.S. factories. But John Deere responded directly, titling its update: “Myth Busted: John Deere is NOT Freezing U.S. Manufacturing.”
“We’re making a bold move by investing $20 billion into U.S. manufacturing over the next 10 years. That’s a powerful signal of our long-term commitment to building and growing right here at home,” said John May, Chairman and CEO of John Deere.
“Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions, and manufacturing capabilities,” May said. “Over the next decade, we will continue to make significant investments in our core U.S. market. This underscores our dedication to innovation and growth while staying cost-competitive in a global market.”
John Deere already employs more than 30,000 people in the U.S. across 60 locations in over 16 states. The company has been manufacturing in America since 1837.
This year alone, John Deere has put $100 million into U.S. factories, including a 120,000-square-foot expansion in Missouri, new assembly lines for high-horsepower tractors in Iowa, a new excavator plant in North Carolina, and upgrades to its turf equipment factory in Tennessee.
The company drew criticism in 2024 when some production was moved to Mexico. President Trump threatened to impose a 200% tariff on Deere imports if the company shifted more work across the border. In its recent statement, John Deere said it is not moving production out of the country.
Looking ahead, the company did not give specifics on which U.S. facilities will receive the bulk of the new investment.
