DAVENPORT, Iowa—
For the second time in 2009, John Deere Co. announced 325 employees will be placed on indefinite layoff later this month. The cuts affect two of the company's plants specializing in construction and foresty machinery.220 workers will lose their jobs at the Dubuque Works plant, as well as 105 workers at Davenport Works.
The plant manufactures articulated dump trucks , four wheel drive loaders, motor graders, log skidders and cabs.
In November, 2008, Deere and Company had projected a 12% loss in construction and forestry for 2009. Deere posted a 45% profit loss in the first quarter of 2009, the first time in several quarters the heavy-equipment manufacturer hasn't had record gains.
