Farm Equipment Manufacturing Brings $350 Million in Active U.S. Spending

September 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Agriculture is a bedrock of the U.S. economy, not only responsible for feeding for the nation, but also contributing to U.S. exports and used for non-food applications such providing feedstock for alternative fuels. To this end, farm equipment is an important component of the U.S. manufacturing sector, and manufacturers are expanding existing facilities in order to bring more or updated equipment to the marketplace. Industrial Info is tracking $350 million worth of active U.S. projects related to the manufacture of farming equipment. Companies featured: Deere & Company (NYSE:DE)