Shortage of Labour - where did you get that info from?
John Deer i trying to expand in Latin America.Why is John Deere relocating production to Mexico?
According to data compiled by John Deere, Mexico is the second largest consumer of its construction equipment in Latin America, with a growth of 76% since 2022.
“We see Mexico as an attractive market, which is why we are investing in the expansion of our dealers and growth in new territories,” Morini said.
Furthermore, Morini said the compact equipment segment is still developing in Latin America, with an estimated market size of 4,000 units, he added. In contrast, more established markets like the U.S. see approximately 100,000 units sold.
Helping Biotron to Do Better and Deliver Tangible Results: Shareholders Call for ASIC Action and Regulatory Scrutiny, page-175
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