US farm with 93,000 hectares for sale: 10,000 cattle on 2 islands.
10,000 cattle, deer, bison, and a slaughterhouse in the middle of nowhere. One of the largest slaughterhouses in Alaska is located on the storm-battered Umnak Island.
John Deere, the leading agricultural machinery company, plans to invest an unusually high sum of 20 billion US dollars in the production facilities in the United States over the next decade.
Josh Jepsen, the Chief Financial Officer (CFO) of John Deere, announced that the company will be investing two billion dollars annually in expanding and developing production capacities. In addition to economic considerations, it seems that the current US political landscape also plays a role, as evident in the bold communication of the investment amount.
In a recent conversation with colleagues from the American online magazine brownfieldagnews.com, Josh Jepsen highlighted the importance of the USA as a production hub for the company. He emphasized John Deere's historical roots in the US, manufacturing in the country for 188 years, with the majority of production located in the Midwest, specifically in Iowa and Illinois. This investment reaffirms the company's commitment to the USA.
Jepsen mentioned various planned projects, including the expansion of the Remanufacturing Facility in Missouri. Remanufacturing involves the industrial refurbishment process of old parts, such as engines, transmissions, and hydraulic components, to bring them up to the quality standards of new parts. Additionally, investments will be made in new production lines for the 9 RX model at the Waterloo facility in Iowa.
During the 2024 presidential campaign, then-candidate and current US President Donald Trump threatened John Deere with tariffs of 200 percent due to plans to move part of the production from the US to Mexico. This threat highlights the importance John Deere places on clearly communicating its investment strategy with a focus on the US.