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John Deere Harvester Works at 1100 13th Ave., East Moline, where 3,000 employees made agricultural implements; 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
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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.
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One of Deere's largest, it currently has about 5,000 total employees, with about 3,000 working in production and maintenance jobs. The company also plans to lay off seven employees from its ...
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]