deere & co (DE) Key Developments
John Deere Introduces New Four-Cylinder 5E and 5ML Series Tractors
Jun 29 15
John Deere has introduced the new four-cylinder 5E and 5ML Series Tractors. The new four-cylinder 5E Series Tractors are built for
a variety of applications such as livestock feeding, haying operations, roadside mowing and property maintenance. The two new 5ML models are low-profile machines that are perfect for working in orchards, livestock barns and other environments with restricted heights. Whatever the chore, the new four-cylinder 5Es feature heavy-duty frames, axles, engines and transmission to deliver greater performance and value. Available in 85 and 100 engine horsepower, the 5085E and 5100E are powered by John Deere PowerTech 4045 diesel engines that meet Final Tier Four emission standards. This engine gives tractors the muscle to lift more than 3,200 pounds rear-lift capacity and more than 3,500 pounds at full front loader height. The durable 24/12 PowrReverser transmission in these machines increases top transport speed by one-third, so operators can do more in less time. Operators can shift from low to high at the touch of a button, without even needing to clutch. The economy PTO, standard on all 5E four-cylinder transmissions, lets operators reduce engine rpm to 1,700, which can lower fuel consumption by as much as 20%. The new sloping hood and raised operator platform on cab models offer 3.6 feet of extra visibility in front of the tractor. Better sight lines mean higher operator efficiency and comfort when performing many repetitive loader tasks. Design changes to the control pod and instrument panel provide easier monitoring and operating control.
John Deere Announces Agreement with King Agro
Jun 19 15
Deere & Company and King Agro announced a partnership focused on developing and distributing carbon fiber booms exclusively for John Deere application equipment. The agreement between Deere and King Agro is focused on offering growers the significant advantages of carbon fiber's versatility, strength and durability integrated into self-propelled spraying equipment. Compared to traditional sprayer booms, carbon fiber booms' reduced weight can also lower equipment induced soil compaction. John Deere will offer its 2016 model of the 4730 Sprayer with the option of carbon fiber booms exclusively to the South American and Latin American market. Deere is exploring selling carbon fiber product solutions in other markets in the future.
Deere & Company Introduces 210L EP and 210L Tractor Loaders
Jun 2 15
Deere & Company has added new 210L EP and 210L tractor loaders to its L-Series lineup. The L-Series meets today's emission regulations through a rugged Final Tier 4/EU Stage IV PowerTech Plus diesel engine on the 210L (93 hp) and a certified IT4/Stage III B John Deere PowerTech E engine on the 210L EP (70 hp). Both models boast a four-speed PowerShift transmission that allows smooth no-clutch fingertip shifting and direction changes for fast work cycles. Depending on intended use, each tractor loader model can be equipped with a canopy or an optional four-season air-conditioned/heated cab. Inside the cab, updates were made to improve comfort and visibility. These include a larger right-hand armrest and increased seat rotation up to 70 degrees (20 left and 50 right) for a better view of the box blade and easier entry and exit from the cab. The tractor loaders also boast a new fender design and improved lighting scheme for better visibility around the canopy. A premium LED package includes two front spotlights, two rear and two side floodlights. An easy-view, multi-language monitor displays important operating information. A new 'palm-on-top' loader-control grip increases operator comfort and provides exclusive fingertip control of clutch disconnect momentary mechanical-front-wheel drive (MFWD) and other loader functions. On-the-fly MFWD can be engaged to give extra traction in poor job site conditions or to move heavy loads. An optional limited-slip front axle delivers 65% of available power to the tire with the best traction for true all-wheel-drive pulling power. A new hitch design makes it easier to position the box blade over the pile for added versatility and productivity. Optional dual-tilt rear hydraulic cylinders provide greater three-point side-to-side hitch control of rear attachments. Both the 210L EP and 210L can also be outfitted with a quick-coupler to accept numerous attachments. The integral three-point hitch and optional power takeoff (PTO) accommodate a variety of Category 2 tools, such as disks, mowers, blades and box scrapers. Two rear ballast-weight packages (700 and 1,500 lb.) increase versatility in various loader applications.
Deere & Company Announces Quarterly Dividend, Payable on August 3, 2015
May 27 15
Deere & Company Board of Directors declared a regular quarterly dividend of $0.60 per share on common stock, payable August 3, 2015, to stockholders of record on June 30, 2015.
Deere & Company Announces Board Changes
May 27 15
Deere & Company announced that its Board of Directors has added two new members. Dmitri L. Stockton, President and Chief Executive Officer of GE Asset Management, and Sheila G. Talton, President and Chief Executive, Gray Matter Analytics, have been elected to the Deere & Company Board of Directors, effective May 27, 2015. Sheila Talton is a 30-year veteran in the information technology industry. She has a successful record of building consulting practices at EDS and Cisco Systems and helping technology businesses create and execute global strategies including initiatives focused on big data. Sheila is a graduate of Northern Illinois University and Harvard Business School's AMP program. Dmitri Stockton has held leadership positions in banking, asset management, commercial real estate, mortgage finance and insurance. He is a Senior Vice President at GE Company and serves on the Corporate Executive Council. He has held leadership positions at GE Asset Management, GE Capital Corporation and GE Consumer Finance.