# John Deere Forestry to invest €15M in Joensuu factory expansion

John Deere Forestry Oy will invest about 15 million euros to expand its Joensuu factory's assembly, test drive facilities and component manufacturing capacity. The investment will begin in summer 2019 and be completed in 2021.

- Type: Expansion
- Announced: 2019-06-13
- Where: Joensuu, Finland
- Value: $16.9M (15.0M EUR)
- Starts operating: 2021
- Status: announced
- Products: forest machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [John Deere Forestry Oy](https://endata.com/companies/39997.md)
- [Deere & Company](https://endata.com/companies/21933.md) (investor)

## Sources

- [mequipment.ro](https://mequipment.ro/en/deere-si-joensuun-yrityskiinteistot-oy-investitie-de-20-mil-euro-in-dezvoltarea-fabricii-de-utilaje-forestiere/), 2019-06-13: "This expansion will help us to better meet demand during strong economic cycles."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.