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Founded by John Deere in 1837, Deere & Co (DE) has grown into a leading manufacturer of agricultural, construction, and forestry machinery, known for its iconic green and yellow equipment. But it ...
John Deere Industrial Equipment Works at 301 Third Ave., Moline, where 500 employees made earth-moving equipment; John Deere Malleable Works at 1335-13th Street, East Moline, where 600 employees made malleable and nodular iron castings; John Deere Planter Works at 501 Third Ave., Moline, where 1,000 employees made agricultural implements
Deere offered employees a lump sum payment, based on their years of experience. Workers with one year at the factory received $15,000. Employees with 25 years or more of experience received $72,000.
Veridian was started in 1934 as John Deere Employees Credit Union in Waterloo, Iowa. [7] [8] In 1984, it became the John Deere Community Credit Union of Waterloo when the local community were allowed to join. [7] [8] In 1986, nearby residents in Cedar Falls also became eligible and it became the John Deere Community Credit Union. [7] [8]