Deere and Company said it had a 50 percent increase in profits in 2011, to 2.8 billion dollars, and expected sales next year to increase by as much as 15 percent. Deere's four quarter profits were nearly 870 million dollars, a lot more green than the 457 million it reported in Q4 of 2010. Ag and turf equipment lead the way with an 18 percent increase for the fourth quarter and a 21 percent increase for the year. The Des Moines Register reports that while Deere may have HQ in Moline, IL, it has about 12 thousand workers throughout IA.
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