CBS 2 - Search Results
John Deere Foundry Renovations Finished
WATERLOO, Iowa (AP) --
John Deere has completed renovations on its foundry in Waterloo, a $150 million project that will allow the company to produce larger castings for it larger tractors.
The Waterloo-Cedar Falls Courier reports (http://bit.ly/1bVFgwW ) renovations on the foundry, built more than 40 years ago, were announced in 2010. It includes a new high-tech mold line and an integrated cooling system.
Officials say the foundry gives the company a competitive edge. They also applaud committed employees.
The latest renovations are part of more than $1 billion in investments over the past decade to the Waterloo operations. It employs 6,000 people and is the company's largest manufacturing complex in the world.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.