The Clinton Herald, Clinton, Iowa

February 13, 2014

Deere laying off 120 in East Moline

Associated Press

EAST MOLINE, Ill. —  Deere & Co. says it will lay off about 120 workers at its combine plant in East Moline on March 31.

    According to the Quad City Times, employees learned the news Thursday during a meeting at the plant. About 2,800 people work at the factory.

    Moline-based Deere said this week that it expects the North American farm-equipment industry to see a 5 percent to 10 percent drop in sales this year after a record-setting 2013.

    The company also this week reported record first record first-quarter profits.

    Deere said the layoffs will be based on seniority.