"John Deere Announces Agreement with King Agro"

Collaboration with carbon fiber technology expert includes exclusive development and distribution of carbon fiber booms for application equipment

 

OLATHE, Kansas (June 19, 2015) – Deere & Company and King Agro, a manufacturer of carbon fiber technology products, announced a partnership focused on developing and distributing carbon fiber booms exclusively for John Deere application equipment.

 

Deere is collaborating with King Agro because of its extensive 22-year experience innovating and developing carbon fiber applications. King Agro is a world leader in producing carbon fiber applications for boating and marine products, including masts for racing sailboats. The company has expanded into developing innovative carbon fiber structures for agricultural equipment.

"We believe our collaboration with King Agro demonstrates Deere's commitment to this innovative technology," says Aaron Wetzel, vice president, Crop Care Platform, John Deere. "By integrating carbon fiber technology into our products, we can offer solutions to help growers improve productivity."

The agreement between Deere and King Agro is focused on offering growers the significant advantages of carbon fiber's versatility, strength and durability integrated into self-propelled spraying equipment. Compared to traditional sprayer booms, carbon fiber booms' reduced weight can also lower equipment induced soil compaction.

"We believe carbon fiber is the key to innovation and progress in agricultural machinery industry in the next decade," says Guillermo Mariani, CEO King Agro. "John Deere's commitment to innovation and excellence in their products is a perfect match for King Agro's experience in carbon fiber."

John Deere will offer its 2016 model of the 4730 Sprayer with the option of carbon fiber booms exclusively to the South American and Latin American market. Deere is exploring selling carbon fiber product solutions in other markets in the future.

About John Deere

Deere & Company (NYSE: DE) is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity. For more information, visit John Deere at its worldwide website at www.JohnDeere.com.

About King Agro
 

Founded in 1975 as the King Company in Buenos Aires, Argentina, King Agro today has production facilities in Valencia, Spain and Campana, Argentina.

Media Contact:
Barry E. Nelson
Manager, Media Relations
John Deere Ag and Turf Division

10789 S. Ridgeview Road

Olathe, KS 66061
Phone: 913-310-8324
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Editorial Contact
Kelly Schwalbe, BCS Communications
Phone: 816-474-3166, ext. 31
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