Well-known producer of construction and agricultural equipment firm Deere & Company announced plans to invest $ 32 million in the expansion of its factory-owned agricultural machinery in Orenburg.
The rationale for this decision is the fact that Russia has a large agro-industrial potential and could become a future for the entire Eurasian breadbasket. The new investment will allow up to six times to increase the production of seeders, and plows and other equipment. It’s perfect Orenburg region in which grain is produced forces small farmers.
Another $ 18 million will be spent on improving service and sales network in the region and neighboring Kazakhstan. Today John Deere Orenburg produces a wide range of drills. After the expansion of the plant will produce a full set of equipment necessary for work on the ground.