Farmers Reinvesting In Equipment


Deere earnings surge on farm boom

Sales in construction division, including Dubuque factory, continue to sag

By EILEEN MOZINSKI TH staff writer

A strong agricultural market continues to drive growth at Deere &Co., even as unstable economic conditions pound some of the heavy equipment maker’s divisions.

Deere posted record third-quarter earnings Wednesday showing growth companywide but a slowdown in the construction and forestry division, which includes John Deere Dubuque Works.

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