Year of record sales and profits has led to an increase in 17 percent of Iowa jobs by Deere
Employees added bringing the total workforce of Iowa more than 14,000, on top of 12,000 that Deere was reported earlier this year.
Company s Ankeny facility has driven its work force by 25 percent, to 2,000 employees, largely on the strength of hot selling cotton harvesting, tillage and planting equipment is manufactured in the factory.
Deere said in a conference call to discuss earnings Wednesday that cotton harvesters who sold out cotton prices have boomed. historic highs last year.
Deere reports 50 percent rise in profits, to $ 1.7 billion, for fiscal year ended October 31.