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Waterloo's Largest Manufacturing Employer Rebounds From COVID


2020 was a difficult year for many Iowans. Health issues and empoyment issues were the two major issues associated with COVID-19. While health is always the most important, employment needs to be high on any family s list as we all need to pay the bills and keep food on our tables. If you are an employee of John Deere, Iowa’s largest manufacturing employer, 2021 has been kind to your employer so far.
John Deere reported a net income of over three billion so far
In only about six months, Radio Iowa reports the farm equipment giant has reported a solid net income of over three billion. This compares to only 1.2 billion in 2020. John Deere reported strong second-quarter net sales. Sales were up 34-percent, as net income was almost $1.8 billion dollars for the quarter. That compared to $666 million from the quarter that ended a year ago shows very strong growth year-over-year. ....

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