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N.C. Commerce Dept.: John Deere Electric Powertrain to Invest $69 Million for Its North American Headquarters and New Battery Production Operations in Kernersville
August 15, 2023
RALEIGH, North Carolina, Aug. 15 -- The North Carolina Department of Commerce issued the following news release on Aug.14, 2023:

Deere & Company [NYSE: DE] and Kreisel Electric GMBH, an Austrian company, which John Deere acquired majority ownership of in 2022, will create 50 jobs in Forsyth County, Governor Roy Cooper announced today. John Deere Electric Powertrain LLC will invest $69.6 million to establish its North American headquarters and build a battery and charger manufact . . .

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