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Significant Commitments to Important Markets China

  • Broad presence in market

    • 5 operations in place

  • Government support of agriculture

    • Central government spending on rural areas and farmers increased by 20% to 716 billion RMB in 2009

    • The government raised minimum state purchasing prices for grain by 13-15% in 2009

Tianjin, China Drivetrain Factory

Tianjin, China Tractor Joint Venture

Ningbo, China Tractor Factory

Jiamusi, China

Xuzhou, China

Combine Factory

XCG Excavator JV

  • Recent Announcements:

  • May 2011 - ~ $60 million investment to build new factory at Tianjin location to manufacture engines for use in John Deere equipment built in China

  • May 2011 - ~ $80 million initial outlay to build new factory to manufacture mid- and large-sized tractors, sprayers, planters and harvesting equipment

  • December 2010 - ~ $50 million investment to build new factory to manufacture construction equipment

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| Deere & Company

| August 2011

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