Deere & Co Invests $70 Million In North Carolina Facility As Trump Hails 'Only Excavator Entirely Made' In US - Deere (NYSE:DE)

President Donald Trump revealed plans on Tuesday for a new John Deere facility from parent company, Deere & Co. (NYSE:DE) in the United States.Trump announced the company’s plan during his speech at Clive, Iowa, for a $70 million excavator manufacturing facility in Kernersville, North Carolina.“This is going to be the only excavator entirely made in the United States of America,” stated Trump. Following the announcement, John Deere, the farming equipment manufacturing company, confirmed the plan and also an ...