Friday, August 15, 2008

Farmers Reinvesting In Equipment

Via
thonline.com


Deere earnings surge on farm boom

Sales in construction division, including Dubuque factory, continue to sag


By EILEEN MOZINSKI TH staff writer

A strong agricultural market continues to drive growth at Deere &Co., even as unstable economic conditions pound some of the heavy equipment maker's divisions.

Deere posted record third-quarter earnings Wednesday showing growth companywide but a slowdown in the construction and forestry division, which includes John Deere Dubuque Works.

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