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Nickelless
Administrator
USA
5580 Posts |
 Posted - 01/25/2009 : 22:37:04
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I wonder if this will affect harvests in the next few years. Just what we don't need are even higher food prices.
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The Associated Press
Farm equipment maker Deere & Co. will lay off nearly 700 workers between factories in Brazil and Iowa.
The Moline, Illinois-based company says it'll fire 502 workers at an agricultural harvesting equipment plant in Horizontina, Brazil.
And 190 employees at a plant in Davenport, Iowa, which makes construction and forestry equipment, will be laid off or temporarily reassigned effective Feb. 16.
That's according to an e-mail sent Sunday to The Associated Press by Deere spokesman Ken Golden.
Employees were informed last week.
In November, Deere announced that South American market sales could drop by 20 percent and worldwide construction and forestry equipment sales could fall by 12 percent.
In the past six months, Deere has placed 188 employees on indefinite layoff at the John Deere Dubuque Works in Iowa.
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Deere to lay off nearly 700 workers
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