Wednesday, March 11, 2015

John Deere

The Story of John Deere

1.     He was born in Rutland, Vermont on February 7, 1804.
2.     He had a common school education and served a four-year apprenticeship learning the blacksmith’s trade.
3.     Business started to lack but many natives were going west due to rumors of prosperity and opportunities. He decided to go west to find work.
4.     Due to the need for a blacksmith being so high he built a forge and started helping out the community two days after his arrival.
5.     The tools they had been meant for light and sandy soil that was back east. The soil they were trying to fertilize stuck to the bottom of their plows quickly.
6.     John Deere thought he could solve their problem by making a plow with a highly polished and properly shaped moldboard and share ought to scour itself as it turned the furrow slice.
7.     Blacksmiths usually made their tools when the customer ordered them but Deere decided to make them before any customer placed an order.
8.     There were few banks, the transportation was bad, and there wasn’t much steel.
9.     He wanted to take advantage of the water power and transportation that location offered due to the Mississippi River.
10. In 1868, John Deeres company got renamed to Deere & Company because his business had been incorporated.
11. In 1911, the business brought in 6 noncompeting companies which made it into a full line manufacturer of farm equipment. The president at the time was William Butterworth; the third president of Deere & Company.
12. His strong emphasis on engineering and product development resulted in rapid growth of the company. He was a good president because he expanded the company quickly with determination.
13. The company did amazingly during the time of the depression and achieved $100 million in gross sales for the first time the in company’s history.
14. William A. Hewitt expanded the company even further and made the between 1955-1982 one of it’s greatest time periods of growth. The company had become worldwide and Deere became the number one producer in the world for farm equipment. Also, they became a major producer for forestry, construction equipment, and lawn care products worldwide.
 

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