WASHINGTON, Jan 27 (Reuters) – Farm-equipment maker Deere & Co is making a $70 million factory investment in North Carolina, U.S. President Donald Trump said in a speech on Tuesday.
Trump did not elaborate further on his comments but the company said in 2024 – when former President Joe Biden was in office – that it was committing to an investment of the same amount in Kernersville, North Carolina, that would add over 150 new jobs.
(Reporting by Kanishka Singh in Washington; editing by Michelle Nichols)
