John Deere pledges $20 billion U.S. expansion; new factories and facility upgrades in 2025

John Deere pledges to invest $20 billion in the United States over the next decade, Chairman and CEO John May said during the company’s second-quarter 2025 earnings call last week. The commitment includes expanding manufacturing, supporting workforce development, and upgrading facilities across more than a dozen states.

The company says that this planned initiative builds on existing efforts by the company to maintain and modernize its U.S. operations. Since 2019, John Deere has invested $2.5 billion in its American factories and reported an $80 billion spend with U.S. suppliers. The company also plans to put $100 million into its U.S. facilities in 2025 alone.

Planned projects include a 120,000-square-foot expansion of its remanufacturing facility in Missouri, a new excavator factory in Kernersville, North Carolina, and upgrades at its turf equipment plant in Greeneville, Tennessee. In Waterloo, Iowa, John Deere will add new assembly lines for its high-horsepower 9RX tractors.

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Originally published by AgDaily May 2025