Latest news with #AGDaily
American Military News
23-05-2025
- Business
- American Military News
Major company announces $20 billion investment in US economy
John Deere recently announced that it will be investing $20 billion in the company's operations in the United States over the next decade. According to John Deere CEO John May explained during the company's recent second quarter 2025 earnings call that the company will be investing an additional $20 billion into its operations as part of the U.S. economy. The outlet noted that the investment demonstrates the company's commitment to invest in domestic manufacturing and create job opportunities in the United States over the next 10 years. 'Despite the near-term market challenges, we remain confident in the future,' May said. 'Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions, and manufacturing capabilities. Over the next decade, we will continue to make significant investments in our core U.S. market, underscoring our dedication to innovation and growth while focusing on remaining cost-competitive in a global market.' According to AGDaily, John Deere's $20 billion investment includes the construction of a new excavator manufacturing plant in Kernersville, North Carolina, a 120,000-square-foot expansion of the company's remanufacturing facility in Missouri, new assembly lines for John Deere's 9RX tractors in Waterloo, Iowa, and upgrades to the company's turf equipment plant in Greeneville, Tennessee. READ MORE: Video: Iconic tech company announces $500 billion investment in US economy reported that John Deere has invested roughly $2.5 billion in the company's U.S. factories since 2019. The outlet noted that John Deere has invested $100 million in U.S. factories just this year and that the economic impact of the company's operations across the United States is estimated at roughly $25 billion. According to AG Daily, John Deere currently has 60 facilities in 16 states and employs 30,000 employees in the United States. AG Daily reported that another 50,000 people are employed at independent John Deere dealerships. John Deere Chief Financial Officer Josh Jepsen told Brownfield AGNews, 'Our roots are in manufacturing here in the U.S. We're 188 years old. And the vast majority of that in the Midwest, really in Iowa and Illinois. So reaffirming that commitment (through this investment).' 'It's a real impact, and it's beyond just the products we're building,' Jepsen added. 'It's the employment that we drive, it's the local suppliers that we're impacting. And then it's the communities that we're in.'
Yahoo
13-02-2025
- Climate
- Yahoo
Farmers across America grapple with the impact of brutal winter weather: 'Preparation is critical'
Storm Blair sweeping across rural areas in the U.S. has forced farmers to consider how harsh conditions are impacting their operations. Extreme snowfall from Kansas to the East Coast has impacted growing conditions for the rest of the year, while farm animals are said to "face heightened risks" during freezing temperatures as deep snow can prevent farmers from accessing herds for feeding and water, per AG Daily. Kansas is believed to have faced the worst storm conditions, with "nearly a year's worth of snow in one event," AG Daily wrote. Faced with these conditions, farmers have looked for ways to shelter their animals, but a lack of infrastructure to meet these needs is adding to the stress brought on by the storms. "Preparation is critical, but the increasing unpredictability of weather patterns, driven by climate change, has added complexity to planning," wrote AG Daily. In the midst of climate change, storms are anticipated to drastically alter the agricultural industry, impacting the food supply and the economy of rural areas. National Geographic explained that scientists predict climate change could make blizzards more intense: "A warmer atmosphere holds more moisture. This moisture eventually falls as precipitation — either as rain (when temperatures are warm) or snow (when temperatures are below freezing) — which results in more frequent and intense storms." Additionally, rising sea temperatures make storms more severe by increasing the amount of energy and moisture available. In USA Leaders, it's predicted Storm Blair could cause billions in economic losses due to damaged infrastructure, emergency response costs, and diminished agricultural yields, which will likely "strain state budgets and consumer pockets well into the year." Based on past extreme weather events, it's also likely that the frequency of storms like these will impact human food supply as crops are unable to grow with conditions. What would you do if natural disasters were threatening your home? Move somewhere else Reinforce my home Nothing This is happening already Click your choice to see results and speak your mind. Hopeful stories of farmers pitching together to help with infrastructural damages have been circulating news publications. However, it remains clear that systemic changes must be made to redirect the trajectory of extreme weather events hitting rural farmlands. The U.S. Department of Agriculture described mitigation strategies that farmers are using, such as "high tunnels," which use plastic coverings placed along the hoop structure to create shade for crops. The department also spotlighted a series of resources that are improving farmers' lives, including the Natural Resources Conservation Service, which ensures farmers have the means to maintain conservation practices on their land. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
