Analyst: Deere's growth in Russia will not affect U.S.

07/19/2009 | Telegraph Herald (Dubuque, Iowa), The

Deere & Co.'s planned expansion in Russia will not affect U.S. operations, according to Morningstar equity analyst John Kearney. "It seems to me more a strategy of trying to expand global presence than trying to ship jobs from here over there," said Kearney. Deere and its independent dealers currently employ 2,000 workers in Russia.

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Telegraph Herald (Dubuque, Iowa), The

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