Iowa’s largest manufacturing employer is reporting a solid rebound from the pandemic year of 2020.
Quad Cities-based John Deere reports second-quarter net sales rose 34-percent while net income was nearly $1.8 billion dollars for the quarter, versus $666 million from the quarter that ended a year ago.
For the first six months of the year, Deere reports net income topped three-billion, compared to 1.2 billion last year.
A statement from Deere says the report reflects strong market conditions and broad improvement across multiple divisions and geographies.