John Deere And Company, John Deere & Company

1437 Words 6 Pages
John Deere was born on February 7th, 1804 in Middlebury Vermont. His father and mother ran a respected tailor shop, where if harvest was good, they were paid in cash, but if harvest was bad, they would pay wit milk or grain. This lack of income caused the Deere family, along with many other families, to fall into debt.
In 1808, John’s father, William Sr., caught wind of a small inheritance left for him by a British relative. In hopes of providing his family with a better life, he set sail for England, never to return. His boat was probably shipwrecked or kept in England because of the war it was in with France. But before he left, William Sr. left this advice for his children: “Let Truth and Honesty be your guide & on no pretense Deviate from
…show more content…
John dissolves his partnership with Andrus and moves to Moline, Illinois, located on the Mississippi River, which offered great sources of water power and cheap transportation. He partnered with Robert N. Tate, but just 4 years later he buys our his partners, and for the next 16 years the company would be know by the names John Deere, John Deere & Company, Deere & Company, and Moline Plow Manufactory. All through the change, John made sure to keep quality and innovation his number 1 priority.
Charles Deere, John’s only surviving son, was hired into the company as a bookkeeper once he graduated from Chicago commercial college in 1853 at age 16. During the 1850s, Charles would follow every penny and John would inspect every product, and they were able to produce 4000+ plows yearly. Charles climbed the leadership ladder, and in 1858 he was given over power of the company, but John remained president. After the Civil War, the company started making both walking and wheeled plows and cultivators, harrows, drill planters, wagons and
…show more content…
By the time of his death in 1907, the company was making over 300 different plows, 164 cultivators, and many planters. Charles’ son-in-law, William Butterworth, took over as president in 1907 until 1928, when he retired and became the first chairman of the board in Deere history. Charles Deere Wilman, great-grandson of John Deere, became president of Deere & Company, where he served until 1955 when William Hewitt, the last Deere family member to be president, replaced his father in law. His successors include Robert Hanson (1982-1990), Hans Becherer (1990-2000), Robert W. Lane (2000-2009), and today’s leader Samuel Allen (2009-present) have held the titles of president, chairman of the board and

Related Documents