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Deere Expands In Brazil

Mon, 09 Sep 2013 15:53:03 CDT
By: IPR

Deere and Company is planning a major expansion in Brazil. The company has announced it will spend 40 million dollars to add production of another line of tractors, the 8-R, at its plant in the city of Montengro Spokesman Ken Golden says demand is growing in Brazil for higher horsepower models like the 8-R. The five-year old plant already manufactures three smaller models. Golden says this expansion in Brazil will not affect production or employment at the Waterloo, Iowa plant where the 8-R, and others are now being made. Production of the 8-R in Brazil should begin in 2015. John Deere first came to Brazil in 1979.

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