John Deere Expands U.S. Manufacturing, Acquires Tenna

In a speech in Clive, Iowa, in January, President Donald J. Trump announced two new John Deere facilities based in the United States. This includes a new parts distribution center in Hebron, Indiana, and the expansion of the campus in Kernersville, North Carolina.

“Our investment in these new facilities underscores John Deere’s dedication to strengthening the backbone of American industry and supporting local economies,” said John May, chairman and chief executive officer of John Deere. “We believe in building America, and these projects represent our intent to continue driving innovation and job creation in the United States.”

John Deere recently broke ground on the new distribution center near Hebron, Indiana, strategically located to enhance its supply chain capabilities nationwide. This facility will be designed to streamline operations and ensure timely delivery of equipment and parts. The Indiana project is anticipated to generate significant employment opportunities with approximately 150 jobs, contributing to the state’s economic growth.

The Kernersville, North Carolina, factory will assume production of future generation John Deere excavators previously produced in Japan.

The new $70M factory in Kernersville, North Carolina, will bolster John Deere’s manufacturing capabilities, leveraging advanced technologies to produce excavators for the construction market. The North Carolina factory will assume production of future generation excavators previously produced in Japan.

This facility will employ over 150 people and will help meet equipment demand and strengthen the company’s commitment to U.S. manufacturing innovation.

In other news, Deere & Company (NYSE: DE), Moline, Illinois, entered into an agreement in December to acquire Tenna, New Hope, Pennsylvania, which is a construction technology company, and a holding of The Conti Group, that offers mixed-fleet equipment operations and asset tracking solutions.

Tenna offers an integrated construction technology platform (“Tenna”) designed to automate and optimize construction operation workflows. The platform gives contractors a near real-time, full-picture view of their equipment operations and a greater understanding of equipment trends and maintenance needs, while also improving visibility, planning, and job site coordination.

Tenna will continue to operate as an independent business marketed directly to construction customers under the Tenna tradename and will focus on scaling and growing the business through its mixed-fleet business model.

This acquisition is pending regulatory approval and is expected to close in February 2026.