Tuesday, Deere & Co. (DE) said it has made a conditional offer to purchase certain assets and customer relationships of BHC Manufacturing, which is located near Beit Hashita, Israel.
BHC, which employs around 110 people, is a manufacturer of cotton picker repair parts for all makes of equipment and a supplier of cotton picker row units for other equipment manufacturers. The action would allow Deere to expand its products and services in the company's already successful cotton picker business.
"John Deere continues to focus on a strategy of global growth. This commitment extends to serving cotton customers around the world. By combining the manufacturing assets of BHC with Deere's existing manufacturing capacity, John Deere will have improved capability, efficiency, and geographic reach to satisfy customer needs," said Mark von Pentz, President, Agriculture & Turf Division.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.