thomas. Excavator. May 30th , 2018.
Deere & Company began when John Deere born in Rutland Vermont USA on February 7 1804 moved to Grand Detour Illinois in 1836 to escape bankruptcy in Vermont. Already an established blacksmith Deere opened a 1378-square-foot (128 m2) shop in Grand Detour in 1837 which allowed him to serve as a general repairman in the village as well as a manufacturer of large tools such as pitchforks and shovels. Small tools production was just a start; the item that set him apart was the self-scouring steel plow which was pioneered in 1837 when John Deere fashioned a Scottish steel saw blade into a plow. Prior to Deeres steel plow most farmers used iron or wooden plows to which the rich Midwestern soil stuck so had to be cleaned frequently. The smooth-sided steel plow solved this problem and greatly aided migration into the American Great Plains in the 19th and early 20th centuries.
Melroe was purchased by Clark Equipment Company in 1969 and then by Ingersoll-Rand in 1995. In 2007 Ingersoll Rand sold Clark Equipment Company to the Doosan Group of Korea along with the rest of its construction equipment group. The Clark Equipment Company now does business as Bobcat Company. Bobcat Company owns worldwide trademark registrations for its "Bobcat" name5 which only accurately refers to equipment manufactured by Bobcat Company.
Deere & Company is listed on the New York Stock Exchange under the symbol DE.5 The companys slogan is "Nothing Runs Like a Deere" and its logo is a leaping deer with the words JOHN DEERE under it. The logo has been used by the company for over 155 years.
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