# John Deere invests R$190 million in Brazilian construction division

John Deere announced a R$190 million investment in its construction division at two factories in Indaiatuba, Brazil, to increase production capacity for yellow-line machines and enhance Industry 4.0 technologies. The investment will also create jobs by expanding operations from one to three shifts.

- Type: Investment
- Announced: 2022-12-05
- Where: Indaiatuba, São Paulo, Brazil
- Value: $36.0M (190.0M BRL)
- Status: announced
- Products: construction equipment (yellow-line machines)
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [John Deere](https://endata.com/companies/15751.md)

## Sources

- [industria40.ind.br](https://www.industria40.ind.br/noticias/23261-john-deere-investe-r-190-milhoes-na-divisao-brasileira-de-construcao), 2022-12-05: "Esse aporte reforça a posição da John Deere como empresa inovadora e apta a utilizar tecnologia inteligente de maneira que garanta a excelência dos produtos."

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