John Deere says it plans to suspend production at its Ottumwa plant for a month due to reduced demand for its products.

John Deere has announced it will close its Ottumwa plant for a month in December to match inventory with customer demand in a ...

As we head into the winter months, John Deere Ottumwa Works is planning a temporary inventory adjustment shutdown from early ...

Stephen Volkmann, an analyst from Jefferies, assigned the Buy rating on Deere (DE – Research Report). The associated price target is ...

In a statement, John Deere says that the shutdown is due to reduced customer demand for its products. The plant produces hay and forage equipment and employs less than 400 people. According to a union ...