Deere Layoffs
October 3, 2019 5:59AM CDT
DAVENPORT, Iowa (AP) — Deere & Co. plans to lay off more than 110 workers at its plant in Davenport by Nov. 18.
The company also said Tuesday that it would lay off about 50 workers later this month from its Harvester Works plant in East Moline, Illinois, just across the Mississippi River from Davenport.
Deere public relations director Ken Golden says Deere has lowered its expectations for sales and net income because of decreased customer demand. He says the layoffs are a result of the market conditions.
He says no other Deere plant is included in the layoffs.
The company makes equipment for construction, agriculture and landscaping.