MOLINE, Ill., Oct. 14, 2021 /PRNewswire/ -- The
International Union, United Automobile, Aerospace and Agricultural
Implement Workers of America (UAW) has called a strike against
Deere & Company (NYSE: DE), affecting more than 10,000 workers
at 14 facilities across the United
States.
"John Deere is committed to a favorable outcome for our employees,
our communities, and everyone involved," said Brad Morris.
"John Deere is committed to a favorable outcome for our
employees, our communities, and everyone involved," said
Brad Morris, vice president of labor
relations for Deere & Company. "We are determined to
reach an agreement with the UAW that would put every employee in a
better economic position and continue to make them the highest paid
employees in the agriculture and construction industries. We will
keep working day and night to understand our employees' priorities
and resolve this strike, while also keeping our operations running
for the benefit of all those we serve."
Deere & Company does not currently have an estimate of when
employees affected by the strike will resume activities or the
timing for completion of negotiations with the UAW.
Please visit one.deere.com for updates.
Safe Harbor Statement
Certain statements in this
release regarding future events are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements involve risks and
uncertainties. Actual results may differ materially from those
contemplated (expressed or implied) by such forward-looking
statements, because of, among other things, the risks and
uncertainties related to the outcome of the negotiations with the
UAW; timing of an agreement with the UAW and approval by the
company's employees; the company's ability to keep operations
running while negotiations with the UAW continue; the impact of the
strike and negotiations on the stock price; general economic
conditions in the global markets and industries in which the
company operates; the political and social stability of the global
markets in which the company operates; and the risk factors
identified under the heading "Risk Factors" and under the heading
"Safe Harbor Statement" in the Company's "Management's Discussion
and Analysis" section of the Company's most recent Annual Report on
Form 10-K and Quarterly Reports on Form 10-Q.
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SOURCE Deere & Company