Farming News - Caterpillar & John Deere suspend business with Russia

Caterpillar & John Deere suspend business with Russia

John Deere & Caterpillar are joining a growing number of companies that have halted business in the country after its invasion of Ukraine.

John Deere said it was deeply saddened by the significant escalation of events in Ukraine. The safety, welfare, and well-being of our employees in the region remain our top priority, and we continue to support and maintain close communication with our affected teams, providing necessary resources when possible. Our thoughts are with our employees, their families as well as our dealers, customers and all those impacted by this crisis.

Two weeks ago, we suspended shipments of machines to Russia and then subsequently, Belarus. We continue to monitor the situation closely while we fully abide by U.S. and international sanctions.

The John Deere Foundation has additionally been working directly with a number of organisations, including multiple UN agencies, to mobilise resources to support Ukrainians impacted by the crisis. Our mission is, and always has been, to help our customers feed the world.

Caterpillar Inc said on Wednesday ( March 9) that it was suspending operations in its manufacturing facilities in Russia, joining a growing number of companies that have halted business in the country after its invasion of Ukraine.

"Operations in Russia have become increasingly challenging, including supply chain disruptions and sanctions, and we are suspending operations in our Russian manufacturing facilities," a company spokesperson said.