Deere Pours $250M into Quad Cities Plants, Signaling Big Bet on Next-Gen U.S. Manufacturing

Deere & Company (NYSE:DE) is one of the best agriculture technology stocks to buy now. On August 4, 2025, Deere reportedly committed over $250 million to upgrade three of its manufacturing facilities in the Quad Cities: Harvester Works in East Moline, John Deere Seeding in Moline, and Davenport Works in Iowa.

The investment includes more than $149 million earmarked for a massive 385,000-square-foot renovation at Harvester Works, aimed at preparing the plant for next-generation equipment like the X9 combine.

According to the Quad Cities Business Journal, this marks one of Deere’s largest regional capital expenditures in years and signals a firm recommitment to domestic production. While the company hasn’t released a national press statement yet, the move aligns with its ongoing push to modernize its manufacturing base and deepen its roots in the U.S., especially after recently announcing broader $20 billion plans to invest across its American footprint.

Deere & Company (NYSE:DE), headquartered in Moline, Illinois, is a global leader in agricultural, construction, and forestry equipment. Its precision-agriculture technology and autonomous machinery have made it a central player in the future of farming.

While we acknowledge the potential of DE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.