SOLID SUCCESS: Agricultural equipment maker Deere & Co. impressed investors Wednesday by reporting a 46 percent profit increase. The Moline, Ill., company reported net income of $670 million, or $1.62 per share.
GROWING PROFITS: Deere said it expects equipment sales to increase about 15 percent next year and profit to grow to $3.2 billion from this year's $2.8 billion.
EXPANDING EMPLOYMENT: To help meet growing demand, Deere's employment has grown about 10 percent over the past year to reach 61,000. A little more than half of Deere's employees are based in the U.S.