Quad Cities-based Deere and Company is wrapping up its fiscal year on a high note.
Iowa’s largest manufacturing employer is releasing its fourth quarter earnings, reporting net income of more than $2.3 billion dollars 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-percent for the year.
The statement says Deere’s efforts are being driven by solid market conditions, differentiated products, and strong execution.
