Deere Expects Excavator Delays after Japan Quake

March 21, 2011

Deere & Co. said it expects delivery delays for some construction excavators built under a joint venture with Japanese equipment manufacturer Hitachi.

Deere, which also is the world's largest manufacturer of farm machinery, said it's still assessing the effects of the March 11 earthquake and tsunami on the Japanese suppliers that provide components for Deere and Hitachi-branded excavators and Hitachi mining equipment.

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Source: Wall Street Journal