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Discussion Forum
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John Deere Japanese owned?

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thesteamroller

12-28-2000 20:21:06




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Seasons greetings. I know little about JD as I am an old Ford tractor guy.

I heard just recently that John Deere is a Japanese owned company, and was very surprised by that. I thought JD for sure was still a US company. Can anyone here confirm or deny that fact and if so who is the parent company?

Thanks.




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ABSOLUTELY!!

12-31-2000 05:06:39




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 Re: John Deere Japanese owned? in reply to thesteamroller, 12-28-2000 20:21:06  
Thats why they called some of those...Rice Specials!!



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Jim Nielsen

12-29-2000 02:23:39




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 Re: John Deere Japanese owned? in reply to thesteamroller, 12-28-2000 20:21:06  
JD is a public company - it trades on the NYSE as 'DE' and was at $46 5/8 today. As such it is owned 100% by its shareholders. These shareholders could be from any country in the world - as its easy to trade stocks on the internet from any location. However, its a US company that pays taxes in the USA and most of its profits return there.

jim.



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thesteamroller

12-29-2000 09:32:19




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 Re: Re: John Deere Japanese owned? in reply to Jim Nielsen, 12-29-2000 02:23:39  
The real question is who has majority control, and from the responses it sounds like it is still in US hands. Good to hear.



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Oaktree

12-29-2000 01:25:07




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 Re: John Deere Japanese owned? in reply to thesteamroller, 12-28-2000 20:21:06  
The underlining question is when will the Japanese buy a majority holding in John Deere?



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Nick Fischer

12-29-2000 20:14:26




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 Re: Re: John Deere Japanese owned? in reply to Oaktree, 12-29-2000 01:25:07  
What makes you think that they will?



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G Taylor

12-30-2000 05:20:53




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 Re: Re: Re: John Deere Japanese owned? in reply to Nick Fischer, 12-29-2000 20:14:26  
They are still ticked at loosing WW2. What better icon of America to grab. They don't tell you what they are up to untill too late, eg Pearl Harbour.



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Shorty Dear

12-28-2000 20:54:45




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 Re: John Deere Japanese owned? in reply to thesteamroller, 12-28-2000 20:21:06  
I can't be absolutly sure of this, but I'm pretty sure John Deere is still owned by Deere and Co. They have some of their small horsepower tractors built by Yan Mar in a factory in Japan. There are some made in Manheim Germany too, but I think you will find that Deere is still owned by the same people that have always owned them.



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Iowan

12-29-2000 08:21:49




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 Re: Re: John Deere Japanese owned? in reply to Shorty Dear, 12-28-2000 20:54:45  
Deere no longer has any tractors made by Yanmar in Japan. Those horsepower tractors are now made in Augusta, Georgia. You are correct that they still make the 6000 series in Mannhiem, Germany.



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pete

12-30-2000 20:13:30




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 Re: Re: Re: John Deere Japanese owned? in reply to Iowan, 12-29-2000 08:21:49  
whoa! All JD 4000 and 5000 tractors are still Yanmars, and are made in Japan with SOME final assembly in Ga. Sorry...can't buy a US built tractor under 80hp anywhere (new)



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Iowan

12-31-2000 11:51:31




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 Re: Re: Re: Re: John Deere Japanese owned? in reply to pete, 12-30-2000 20:13:30  
Pete, Yanmar is the company Deere used to purchase complete tractors from. They manufactured them in Japan and imported them to the US.

4000 and 5000 series tractor use parts from all over the world, including Japan. The tractors are manufactured in Augusta, Georgia US engineered, US built, on US soil. They have NOTHING to do with the company called Yanmar.



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der a.

01-13-2004 17:10:05




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 Re: Re: Re: Re: Re: John Deere Japanese owned? in reply to Iowan, 12-31-2000 11:51:31  
Your both wrong. 90 and 4000 series have yanmar ingines and are assembled in Augusta Ga. They DO have something to do with Yanmar. Deere & co. owns part of Yanmar.



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Pete

01-01-2001 10:32:33




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 Re: Re: Re: Re: Re: John Deere Japanese owned? in reply to Iowan, 12-31-2000 11:51:31  
Iowan, Since I am a Kubota salesman, I try to make it my business to know my most worthy competition, and since my best buddy sells the green ones we regularly exchange info to make each others life a little easier. According to the JD paperwork fromhis last meeting, the 4000 and 5000 series are running Yanmar engines amd for the most part assembled in Japan. 790 and 990 models are completely built by Yanmar and assembled in Japan. Question is who cares? As I said, you can NOT purchase a US made new tractor under 80 HP; Deere is Yanmar, NH(now CNH or CaseNewHolland) is Shibaro, MF(AGCO) uses some Mitsubishi engines as does Cub Cadet, and another Japanes manufacturer whose name escapes me now. So what, JD sells an excellent tractor regardless of where they are made. Pete

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mark

12-31-2000 13:40:17




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 Re: Re: Re: Re: Re: John Deere Japanese owned? in reply to Iowan, 12-31-2000 11:51:31  
Just because they are US engineered and built from parts manufactured in a variety of places doesn't mean they are of US maufacture! Duuuhhhh! They are "assembled" in America. And what's so wrong with that? We JD people have to become a little more open-minded. We've got some neat tractors but a not-so-neat reputation for arrogance that is underscored everytime someone like you puts his foot in his mouth.

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Alan Farley

12-29-2000 12:10:31




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 Re: Re: Re: John Deere Japanese owned? in reply to Iowan, 12-29-2000 08:21:49  
Glad to hear that more JD tractors are being made in the U.S.A.! John Deere is quite possibly on e of The Greatest American Companys Ever. They have the exact same name and colors as the beggining unlike all of the other major brands. That's quite a accomplishment, they will never be bought out and parts will always be available. I think what saved both JD and Case in the 80's was their full line of construction equipment,and JD's lawn/garden since farm equipment wasn't selling. Case or Tenneco was able to buy IH. Just my 2-cents.

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Nick Fischer

12-28-2000 20:37:03




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 Re: John Deere Japanese owned? in reply to thesteamroller, 12-28-2000 20:21:06  
Just wondering, where did u hear that from?
As far as i know, John Deere always has been and continues to be american owned.



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thesteamroller

12-28-2000 20:44:42




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 Re: Re: John Deere Japanese owned? in reply to Nick Fischer, 12-28-2000 20:37:03  
Just a friend of a friend that I did not know very well but he was pretty adament. I then searched the JD archives and found this from a post on 11/17/2000:

"Rember Deere is or reciently was majority owned by a Japanese corporation. They do business differently, different culture. However Deere should provide parts and archieve info with a REASONABLE profit margin. "

So this led validity to the statement and I thought I would dig deeper.

Thanks

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G Taylor victim of practical joke by my accountant

12-28-2000 21:26:20




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 Re: Re: Re: John Deere Japanese owned? in reply to thesteamroller, 12-28-2000 20:44:42  
I must appologise for falling for that stinker and spreading it. I was rubbing it in to my golf loving accountant that Deere has the contract to provide equipment on the PGA courses. He is still a loyal red tractor man from his unfortunate childhood. While apparently dry & boring as he appears and sounds, his subtle dry sense of humour was unexpected. He was pulling my leg & I fell for it when he told me Deere was majority owned by foreign eastern interests. He even mentioned the Yamar & Hitachi joint deals. A lie containing some truth is most convincing. Sorry.

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