John Deere is putting some major dollars into investing in electric-powered equipment.
The company announced it is going to spend nearly $70 million to build a battery and charger manufacturing facility in Kernersville, North Carolina. The 115,000-square-foot facility will build Kreisel battery packs for off-road vehicles.
North Carolina’s governor says it will bring 50 jobs to the area.
Related Stories
Having a good read on fuel prices is a must during harvest, but one analyst says grain farmers should also be watching the crude oil markets.
Tune in on Wednesday, October 22 —
7:30 PM ET | 6:30 PM CT | 5:30 PM MT | 4:30 PM PT
7:30 PM ET | 6:30 PM CT | 5:30 PM MT | 4:30 PM PT
Gov. Gavin Newsom has until October 12 to sign a bill passed by the California state legislature allowing E15 sales.
The ag machinery leader is betting that, by throwing the weight of their established brand behind this cutting-edge technology, more producers will be motivated to adopt it sooner rather than later.
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.