News Release October 14, 2024
John Deere Reman Announces $13.5M Expansion
120,000-square-foot expansion to break ground in the spring
STRAFFORD, MISSOURI (October 14, 2024) – John Deere (NYSE: DE) announced plans today to expand its John Deere Reman Core Center facility by an additional 120,000 square feet. This $13.5M expansion will break ground mid-2025 and be completed in 2026. The investment will bring the facility’s total footprint to 400,000 square feet in size.
The facility, located in Strafford, Missouri, is one of several John Deere Reman facilities in the Springfield region. John Deere Reman remanufactures parts and components to deliver like-new performance at a lower cost, with reduced environmental impact. The company’s highly skilled local employees use a variety of techniques to bring components back to their original John Deere specifications, or better.
“This is a significant milestone for us and shows John Deere’s commitment to the Reman business and to the local community,” said Kevin Schrag, Manager, John Deere Reman. “Our dedicated employees, with their focus on keeping our customers running and commitment to the remanufacturing business, have made this investment possible.”
John Deere began its Reman business 26 years ago as a joint venture with Springfield Remanufacturing Corporation before eventually acquiring the company. Today, John Deere Reman employs over 500 people and provides more than 2,000 different remanufactured products to customers across the globe, exporting one-third of what it produces.
About Deere & Company
Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, turf, construction, and forestry equipment. We help our customers push the boundaries of what’s possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including the John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world’s increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial.
For more information on Deere & Company, visit us at www.deere.com/en/news.
Contacts
Dan Bernick
Public Relations Manager
BernickDanielG@JohnDeere.com
Dustin Lemmon
Public Relations Manager
LemmonDustinE@JohnDeere.com