News Release June 14, 2022
John Deere Announces New Global Agreement with Wacker Neuson on 0-9-Metric-Ton Excavators
- John Deere and Wacker Neuson will collaborate on the development of John Deere excavators less than 5-metric-tons that will be designed and manufactured by Wacker Neuson.
- John Deere will develop and manufacture 5-9-metric-ton excavators, incorporating designs from Wacker Neuson.
MOLINE, Illinois (June 14, 2022) — Today, John Deere announced an expanded relationship with Wacker Neuson, a leading manufacturer of compact and construction machines, for 0-9-metric-ton excavators, to include North America.
John Deere and Wacker Neuson will collaborate on the development of excavators less than 5-metric-tons, including battery electric excavators, that will be manufactured by Wacker Neuson. Additionally, John Deere will have control of the design, manufacturing, and technology innovation, for the 5-9-metric-ton models, leveraging a solid foundation from Wacker Neuson.
"Excavators are an integral part of our customers' jobsites, and we anticipate growing demand to continue," said Domenic Ruccolo, senior vice president, sales, marketing, and product support, global construction equipment, John Deere. "As we look to the future of our excavator line-up, this agreement will allow us greater flexibility as we continue to deliver a robust product portfolio that prioritizes the operator experience."
Distribution, parts, service, and support will continue through our world-class John Deere dealer network that customers have come to rely on.
"We're excited about the expanded agreement as it supports our goal of bringing productivity-driven features and industry leading technology to customers with greater agility," said Jerred Pauwels, vice president, excavators, strategy and business development, John Deere. "Through this relationship, we'll innovate faster, and offer additional features and performance differentiation for our customers."
The Wacker Neuson Group is an international group of companies headquartered in Munich, Germany, employing around 6,000 people worldwide. As a leading manufacturer of light and compact equipment, the Group offers its customers a broad portfolio of products and a wide range of services.
For more information, customers can contact their local dealers or visit www.johndeere.com.
About Deere & Company
Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, turf, construction, and forestry equipment. We help our customers push the boundaries of what’s possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial.
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