Cathay Forest Receives First Instalment Payment From DalEuroLes Sep 19, 2009
The funds have been used to develop the infrastructure of the forest property and to acquire the necessary forestry equipment. The infrastructure includes road building and rail landing facilities. (CCNMatthews Press Releases)
Thieves, vandals pick the wrong place to go bad Aug 23, 2009
They stole Forestry equipment. Reports say they even stole food from the refrigerator. (Wasilla Frontiersman, AK)
Deere falls on weak outlook Aug 20, 2009
(Reuters) Deere eported a higher-than-expected third-quarter profit as improved profitability in its core agriculture machinery business helped to offset weakness in construction and forestry equipment. But the company said it expected to barely break even in the current quarter, sending its shares down more than 4 percent in early trading. (Crain's Chicago Business)
Wenham Selectmens Notes Aug 13, 2009
The state grant for forestry equipment is one the department applies for every year: it pays $2,000 with a $2,000 match to upgrade or purchase new equipment. Another grant is for state funds for fire safety education that pays for year-round fire education programs with the schools and summer camp programs. (Hamilton Wenham Chronicle, MA)
Deere Reports Second-Quarter Earnings of $472 Million May 20, 2009
" At the same time, the global recession and volatile foreign exchange rates have put pressure on overall results. "Clearly, operations dependent on construction activity and consumer spending are feeling the full impact of the sharp downturn," Lane said. Also of note, the company has continued to benefit from a strong liquidity position and access to global capital markets on a competitive basis. Summary of Operations Net sales of the worldwide equipment operations decreased 17 percent for the... (Canada Newswire)
Deere 2Q profit tumbles 38 percent May 20, 2009
Sales of Deere's construction and forestry equipment plummeted 55 percent. To cope with the weaker demand, Deere has laid off more than 1,000 workers this year, though it recalled 68 workers recently. (Fresno Bee -- Business)
Duke Q1 results meet expectations May 1, 2009
the largest retail group of s construction and forestry equipment division, leased 24,000 square feet in the 128,000-square-foot building. Duke owns about 1. (Tampa Bay Business Journal, FL)
Deere to Combine Divisions, Cut 200 Jobs Apr 15, 2009
The cuts will be the latest at Deere, which has laid off more than 1,000 workers since the beginning of the year as the world financial crisis saps demand for its products, particularly construction and forestry equipment. Deere spokesman Ken Golden said the company will decide which 200 salaried jobs will be let go as the two operations start to merge. (ABC News -- Wire)
John Deere division opens national service center in Tampa Apr 11, 2009
Nortrax Inc., the largest retail group of s construction and forestry equipment division, has opened a center in East Tampa that will house an estimated 80 employees from accountants to IT workers that provide administrative support to 40 branches in the United States and Canada. Nortrax, part of Deere & Co. (: DE), will receive tax incentives for the move, but a spokesperson for declined to say how much, as did a company spokesperson. (Tampa Bay Business Journal, FL)
Deere announces layoffs at Ottumwa plant Apr 1, 2009
The announcement comes less than a month after Deere announced it would eliminate 325 positions at its plants in Dubuque and Davenport citing the global economic downturn and reduced demand for construction and forestry equipment. John Deere Ottumwa Works manufactures hay and forage equipment. (Muscatine Journal, IO)
Deere to lay off 325 more workers in Iowa Mar 7, 2009
- Deere lans to lay off an additional 325 workers at two plants in Iowa as the global economic downturn saps demand for construction and forestry equipment. Sales of Deere's construction and forestry equipment have tumbled amid the continuing housing slump and world economic turmoil, though its largest division _ agricultural equipment _ has posted strong results in recent months ... -based company reported its fourth-quarter profit plunged 45 percent, and that sales of its construction and... (Waterloo Courier, IO)
Deere 1Q Profit Falls 45 Percent, Outlook Weak Feb 19, 2009
Deere, which also makes lawn movers and forestry equipment, on Wednesday posted net income of $203. 9 million, or 48 cents per share, for its fiscal first quarter ended Jan. 31. (ABC News -- Wire)
