Davenport, IA- Quad-cities-based Deere and Company is wrapping up its fiscal year on a high note.
Radio Iowa reports that Iowa’s largest manufacturing employer is releasing its fourth-quarter earnings, reporting net income of more than $2.3 billion for the quarter, up from 2.2 billion at this time last year.
A Deere news release says worldwide net sales and revenues fell one percent for the quarter and rose 16% for the year.
The statement says Deere is being driven by solid market conditions, differentiated products, and strong execution.
