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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Deere and Co | NYSE:DE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
5.00 | 1.26% | 400.96 | 401.34 | 394.85 | 399.64 | 1,626,807 | 01:00:00 |
MOLINE, Ill., May 18, 2021 /PRNewswire/ -- John Deere (NYSE: DE) announced today commitments of over $2.7 million (USD) to provide urgent medical resources and ongoing state support to assist India in its fight against COVID-19.
"Our investment in communities in India where our employees, customers and business partners live and work is designed to help address the greatest needs in the ongoing fight against COVID-19," said John C. May, Chairman and Chief Executive Officer for Deere & Company. "This investment is particularly meaningful for John Deere, which has had a presence in India for more than 20 years and is the ancestral home for thousands of employees around the world."
John Deere India will work with United Way Mumbai to develop health care infrastructure as needed by state disaster management authorities overseeing COVID-19 response efforts. These include providing oxygen generator plants, oxygen concentrators, Ambulances, ventilators, child ventilators, setting up ICU's and other vital medical devices to establish health care centers.
"John Deere's higher purpose—we run so life can leap forward—guides our response to COVID-19," said Shailendra Jagtap, Country Manager, John Deere India. "We use resources to address the most pressing and immediate needs people are facing. At the same time, we are committed to invest in areas that can achieve long-term recovery and resilience against any future challenges we may face."
About John Deere
Deere & Company (www.JohnDeere.com) is a world leader in providing advanced products, technology, and services for customers whose work is revolutionizing agriculture and construction — those who cultivate, harvest, transform, enrich, and build upon the land to meet the world's increasing need for food, fuel, shelter, and infrastructure.
View original content:http://www.prnewswire.com/news-releases/john-deere-commits-2-7-million-to-assist-india-in-fight-against-covid-19--301293891.html
SOURCE Deere & Company
Copyright 2021 PR Newswire
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