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Moline, Illinois-based Deere & Company (DE) is a leading American multinational headquartered in Moline, Illinois, and one of the world’s largest manufacturers of agricultural, construction, forestry, and turf-care equipment. Founded in 1837, the company has evolved from producing steel plows to advanced machinery for precision agriculture and heavy equipment for infrastructure and forestry. Deere operates through key segments including Production & Precision Agriculture, Small Agriculture & Turf, Construction & Forestry, and Financial Services, supplying equipment and financing solutions to customers globally.
Companies worth $10 billion or more are generally described as "large-cap stocks." Deere fits right into that category, with a market cap of $127 billion that exceeds this threshold, reflecting its substantial size, influence, and dominance in the farm & heavy construction machinery industry.