Deere & Company is one of the oldest industrial companies in the United States. It was founded in 1837 as a one-person blacksmith shop. Today, it does business in more than one hundred countries worldwide, and employs 55,700 people worldwide. Deere & Company markets its products through a worldwide network of independent dealers supported by a decentralized marketing organization.
Yengst Associates includes company profiles in our subscription service in order to further our understanding of what roles certain companies and industries play in the whole economy. Deere, one of the oldest industrial companies in the United States, for example, is predominantly an agriculture and turf equipment company. It derived approximately 70 percent of its total revenues in the first nine months of fiscal 2016 and 69 percent in fiscal 2015 from its agriculture and turf business segment.