Deere & Company has acquired full ownership of ReGen Technologies, Inc, a remanufacturing company located in Springfield, MO, U.S. Deere had already owned 50% of the business.
John Deere said the operations will be more fully integrated with remanufacturing operations in Edmonton, AB, Canada and the overall name of the business will be John Deere Reman -- an organization focused on growing Deere’s remanufacturing business globally.
ReGen was founded in 1998 to remanufacture engines for John Deere products in the US & Canada and has broadened its product line since then to include other engine components, fuel injection systems, starters, alternators, air-conditioning components, and other key parts for John Deere customers.
Schaffter said the remanufacturing business is important to Deere because of the environmental benefit that comes from recycling components of heavy equipment.
Back to Breaking News