U.S. economy fails to meet expectations, Deere CEO says

06/14/2011 | Chicago Tribune (tiered subscription model)

The improved U.S. economy has not reached the potential hoped for by Deere & Co., said CEO Samuel Allen. However, the company will stick to its yearly profit outlook, predicting that a need for agricultural machinery in Brazil and in the U.S. will compensate for sluggish sales of construction and lawn-care products. "The turf business, the construction side, they are still well below what we would call a midcycle or normal year," Allen said.

View Full Article in:

Chicago Tribune (tiered subscription model)

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
VP of Video Content Distribution
Calkins Media
Levittown, PA
Director, Workforce
AIA
Arlington, VA
Administrative Assistant
Watco Companies
Los Angeles, CA