Deere has opened two new factories in Indaiatuba, Brazil, to manufacture backhoe loaders and excavators.
The John Deere Construction & Forestry Division marked the completion of two manufacturing facilities in Indaiatuba, Brazil. Deere will manufacture itsloaders in one location and , in partnership with Hitachi Construction Machinery, in the other. Customers in Brazil have used Deere agriculture equipment for more than 60 years and the expansion marks a significant investment in the company’s construction business in the market.
“As one of the fastest-growing construction equipment markets in the world, Brazil offers a great opportunity for John Deere Construction equipment,” said Michael Mack, president John Deere Construction & Forestry. “The investment potential on infrastructure is very high in Brazil, which makes us confident in the success of this enterprise.”
Together with Hitachi, Deere invested about $180 million to build the two facilities to meet the needs of the established Deere dealer network that covers almost 90 percent of the Brazilian market. The project broke ground in December 2011 and was completed in a little more than two years.
Deere’s 310K backhoe loader and its 524K, 544K, 624K, 644K and 724K will be manufactured in Deere’s exclusive plant. To be produced in the excavator plant in partnership with Hitachi include: John Deere excavators 160G, 180G, 210G, 250G and 350G; as well as Hitachi excavators ZX160, ZX180, ZX210, ZX250 and ZX350.
Deere will continue to import three crawler dozer models and two motor graders to the Brazilian market.