# John Deere plans R$230M expansion of tractor plant in Montenegro, Brazil

John Deere will invest R$230 million by 2026 to expand its tractor factory in Montenegro, Rio Grande do Sul, Brazil. The investment includes new production lines, expanded storage, a warehouse, a restaurant, and increased internal areas.

- Type: Expansion
- Announced: 2024-03-01
- Where: Montenegro, Rio Grande do Sul, Brazil
- Value: $46.0M (230.0M BRL)
- Starts operating: 2026
- Status: announced
- Products: tractors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [gauchazh.clicrbs.com.br](https://gauchazh.clicrbs.com.br/colunistas/giane-guerra/noticia/2024/03/expansao-de-r-230-milhoes-em-fabrica-da-john-deere-no-rs-sera-feita-ate-2026-cltes638s008r0161eqrjtr1f.html), 2024-03-01: "O novos investimentos de R$ 230 milhões da John Deere em Montenegro, no Vale do Caí, serão feitos até 2026."

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