(VIDEO) Trump Announces John Deere is Building $70 MILLION Factory in North Carolina – “This is Going to be the Only Excavator Entirely Made in the United States of America”
President Trump announced on Tuesday that agriculture and construction machinery manufacturer John Deere is building a $70 million factory in North Carolina, moving its construction of excavators from Japan to the United States.
John Deere is also building a distribution center in Hebron, Indiana, according to a press release from the company.
“In keeping with our strong tradition of building America, we are excited to announce plans to open two new U.S.-based facilities: a state-of-the-art distribution center near Hebron, Indiana, and a cutting-edge excavator factory in Kernersville, North Carolina, both set to open in the next year,” the company said.
Each project is expected to employ 150 Americans.
Trump announced the “historic investment” while speaking at a rally on the economy and affordability in Clive, Iowa.
“John Deere is doing $70 million in factory in North Carolina,” the President said, describing John Deere as a “great American company.”
“It’s brand new, the best in the world, and I think it’s going to pay off very, very big,” he said. “It’s going to be the only excavator factory.”
Trump continued, “In other words, excavators– we all know, I love those excavators– believe it or not, I know a lot about them. We don’t make them here. This is going to be the only excavator entirely made in the United States of America.”
WATCH:
Trump: And today, I’m pleased to announce one more historic investment. The great American company that we just talked about is doing so much. I have to give, I have to give it really, I’d buy so much equipment from so many of the people in the— you know, we have a lot of very successful companies in here, but I know it’s a very, a very special deal, because John Deere is doing $70 million in factory in North Carolina.
It’s brand new, the best in the world, and I think it’s going to pay off very, very big. And if it doesn’t, I have nothing to do with it, but if it does, I’m going to take, I’m going to take full credit.
But what it is is an excavator factory, as I understand it, and it’s going to be the only excavator factory. In other words, excavators– we all know, I love those excavators– believe it or not, I know a lot about them. We don’t make them here. This is going to be the only excavator entirely made in the United States of America.
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