Deere & Company, commonly known as John Deere, is an American manufacturer of heavy equipment for farming, forestry and construction, as well as smaller equipment for home use. They are the world's leading producer of agricultural machinery, with John Deere tractors for sale all across the globe and annual revenues typically exceeding $25 billion. Factories exist in the U.S., Canada, Mexico, France, Germany, Finland, The Netherlands and India.
If you are looking for a piece of heavy equipment to purchase, Deere probably has what you need and has a long reputation for producing high-quality, durable machines. Their familiar green and yellow equipment is seen everywhere and is immediately recognizable. They have been in business since 1837, with the company slogan that, “Nothing runs like a Deere” augmenting their well-known logo of a leaping deer.
It's not uncommon to find a decades-old piece of Deere equipment on a farm, as these units are built to last. If you're in the market for a piece of used equipment, John Deere tractors for sale are found at numerous online auctions.
Deere construction equipment includes loaders, excavators, graders, bulldozers and backhoes. You can also find harvesters, combines, seeders, spreaders and sprayers. They produce a line of lawn mowers, snow blowers and all-terrain vehicles. Deere also has a division that produces diesel engines and power-trains used by other companies in their heavy equipment.
The First John Deere Tractor
Although in operation since 1837, Deere didn't become involved in tractor manufacturing until 1876. They briefly delved into producing their own brand of tractor, although not very successfully.
In 1893, the Waterloo Gasoline Traction Engine Company was the first manufacturer to market a gas-powered tractor for farm use although, of the four units they produced during the first year, only two were sold. Both of those were considered unsatisfactory by the purchasers and later returned to the factory. The company was sold to an individual who elected to get out of the tractor business and to concentrate company efforts building gasoline engines.
After years of product development, Waterloo came out with a successful design in 1913, dubbed the Waterloo Boy. John Deere, seeing the success of this tractor, with more than 8,000 units sold, bought the company in 1918 and changed the name to John Deere Tractor Company. The Waterloo Boy became their first successful tractor, sold under the Waterloo name until 1923, when Deere came out with its own branded tractor, the Model D.
If you're looking for used John Deere tractors for sale and come upon an early Waterloo Boy, expect the price to top $200,000.