Deere Says Not Planning to Sell Finnish Plant, Kauppalehti Says

Deere & Co. (DE), the world’s largest farm-equipment maker, said it isn’t planning to sell a forestry gear plant in Joensuu, Finland, the Finnish business daily Kauppalehti reported.

“Deere plans to keep and further strengthen its leading position in logging equipment,” company spokesman Ken Golden said, according to Kauppalehti. He rebutted speculation about the unit after Deere said it was focusing on agriculture and construction, the newspaper said.

Click here for web link

To contact the editor responsible for this story: Diana ben-Aaron at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.