LISTEN: Deere Picks New U.S. Battery Hub

Published: Aug. 16, 2023, 6 p.m.

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On Monday, Deere & Company announced plans to build a new 115,000-square-foot manufacturing plant in North Carolina. According to the company, the new factory will expand production capacity for Kreisel Electric products, namely battery technology for e-mobility and stationary systems, as well as Level 3 charging solutions. If you recall, John Deere bought a majority ownership stake in the Austrian company in February 2022.

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