John Deere has announced a collaborative supply agreement with Wacker Neuson to produce and distribute compact excavators for the North American market.
The deal follows Deere and Hitachi ending their joint venture in March to produce and market excavators for the Americas.
The long-term exclusive supply agreement between Deere and Wacker Neuson covers compact excavators weighing less than 5 metric tons, including battery electric excavators sold in North America. Deere will also develop and manufacture 5- to 9-metric-ton excavators that incorporate designs from Wacker Neuson.
The deal will strengthen both companies’ positions in the compact excavator market across the world, they say.
In 2018, the two companies entered a similar agreement for the Asia-Pacific market. For that region, Wacker Neuson is building Deere-branded excavator models from 1.7 to 7.5 tons. The machines are built at a Wacker Neuson factory in Pinghu, China, and are only being offered in China, Southeast Asia and Oceania, which includes Australia and New Zealand.
The new agreement now encompass the North American market with machines being completed at Wacker Neuson’s plants in Menomonee Falls, Wisconsin, and Linz, Austria.
Production for many of the machines related to this new agreement will occur at Wacker Neuson's Menomonee Falls, Wis. plant.Wacker Nelson
Wacker Neuson will now also design and build Deere-branded compact excavator models less than 5 metric tons specifically for the North American market. The machines will be distributed under the John Deere brand via Deere’s network of dealers. Wacker Neuson will continue to distribute its models in the same product range.
