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Deere History The Story of John Deere
John Deere was born in Rutland, Vermont, February 7, 1804. He spent his boyhood and young adulthood in Middlebury, Vermont, where he received a common school education and served a four-year apprenticeship learning the blacksmith's trade.
John Deere studied the problem and became convinced that a plow with a highly polished and properly shaped moldboard and share ought to scour itself as it turned the furrow slice. He fashioned such a plow in 1837, using the steel from a broken saw blade, and successfully tested it on the farm of Lewis Crandall near Grand Detour.
It was the practice of that day for blacksmiths to build tools on order for customers. But John Deere went into the business of manufacturing plows before he had orders for them. He would produce a supply of plows and then take them to the country to be sold - an entirely new approach to manufacturing and selling in those early pioneer days, and one that quickly spread the word of John Deere's "self-polishers".
In 1846, the first slab of cast plow steel ever rolled in the United States was made for John Deere and shipped from Pittsburgh to Moline, Illinois, where it was ready for use in the factory Deere opened there in 1848 to take advantage of the water power and transportation offered by the Mississippi River.
One of his early partners chided him for constantly making changes in design. His partner said his work was unnecessary because the farmers had to take whatever they produced. Deere replied: "No, they don't have to take what we produce. If we don't improve our product, somebody else will." Deere & Company has continued throughout its history to place a strong emphasis on product development and improvement. It has consistently devoted a higher share of its income to product research and development than most other companies in its industries.
In 1868, Deere's business was incorporated under the name Deere & Company. The following year John Deere's son, Charles, who was later to succeed him as president, was elected vice president and treasurer.
In 1911, under Deere & Company's third president, William Butterworth, six noncompeting farm equipment companies were brought into the Deere organization, establishing the company as a full-line manufacturer of farm equipment. In 1918, the company purchased the Waterloo Gasoline Traction Engine Company in Waterloo, Iowa, and tractors became an important part of the John Deere line.
Under the leadership of William A. Hewitt, who headed the company from 1955 to 1982, the John Deere organization experienced one of its greatest periods of growth. Manufacturing and marketing operations were established worldwide, and Deere became the leading producer of farm equipment in the world, as well as a major producer of construction and forestry equipment, and lawn care products.
Robert A. Hanson, who had served the company as president and chief operating officer, succeeded Hewitt as chief executive officer in 1982 and guided the company through one of its most difficult economic periods. Under his leadership, the company emerged as a more dynamic, flexible organization, better able to react to growing worldwide competition. The company rose from the turbulence of the 1980s to post record sales and earnings in the last three years of the decade.
Hans W. Becherer was elected chairman in 1990, succeeding Hanson, with whom he had served as president and chief executive officer. Becherer had been closely involved in the management actions that were so successful in establishing the company on the new foundations demanded by the 1980s and beyond. Like Hanson, Becherer has invested much of his long career in developing the company's international operations.In six of his years as chairman, the company earned record profits. Mr. Becherer also was a leader in the redevelopment of downtown Moline and for the development of the TPC at Deere Run and the John Deere Classic PGA TOUR event. In 2000, Mr. Becherer retired.
At the time that Mr. Becherer retired in August 2000, Robert W. Lane was elected chairman of the Deere & Company board of directors. He was already serving as chief executive officer and president. Mr. Lane has a broad range of managerial experience with John Deere, including his leadership of the worldwide agricultural equipment division, the credit organization and equipment operations across the world. This experience combined with his tenure in banking provide Mr. Lane the experience and background required for him to help the company extend John Deere's preeminence in the global marketplace. |
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