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JOHN DEERE TO MAKE $40 MILLION EXPANSION AT ITS WATERLOO, IA, FACILITY
Des Moines Register reports:

John Deere is looking to expand its Waterloo campus with a $39.8 million investment in its tractor testing labs.

The Moline, Ill.-based company will come before the Iowa Economic Development Authority Board Friday seeking aid to help with the expansion project, according to state documents.

The project includes an addition of 61,820 square feet for two new buildings, additional testing equipment and infrastructure upgrades.

A major manufacturer in Iowa, John Deere has called its Waterloo Works campus the largest tractor factory in the world.

Iowa provided John Deere with $14.8 million in tax credits in 2010 for a $90 million investment at that location. At the time, the agricultural-equipment manufacturer was working on modernizing the plant.

In addition to Waterloo, the company has plants in Dubuque, Ankeny, Ottumwa and Davenport.


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