30
Nov
18:50
Deere downsizes Moline, Illinois, factory
US heavy equipment manufacturer Deere & Company is further reducing its workforce at its Moline, Illinois, facility to better align itself with predicted lower sales next year, Kallanish learns from a company statement.
About 220 employees at the facility will be put on “…indefinite layoff” as of February 15, Deere says in the statement.
“The layoffs reflect last week's forecast by Deere that agricultural machinery sales will …
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Anonymous
Very good overview of the weekly steel market.
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