SOURCE: Industrial Info Resources

Industrial Info Resources

May 17, 2012 06:15 ET

John Deere Plant Investments Lead to Strong Profits, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 17, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- John Deere has been the exemplary brand of Farm Machinery and Equipment for years. With strong profits announced yesterday for Deere & Company's (NYSE:DE) (Moline, Illinois) second fiscal quarter, it continues to be the leader in the industry.

Part of Deere's increase in revenues has been the increase in equipment sales in the United States and Canada, which have increased 18% year over year, compared to a 6% increase in overseas sales. Behind these increased profits is the side that many people don't consider -- the expansions and equipment additions John Deere has done and is currently performing.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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