Deere to buy King Agro
Deere & Co. has agreed to buy King Agro, a privately held manufacturer of carbon fiber technology products. The firm is headquartered in Valencia, Spain, with a production facility in Campana, Argentina. In 2015, John Deere and King Agro agreed to develop and distribute carbon fiber booms for John Deere application equipment. King Agro has been a family-owned business with approximately 180 employees and a 30-year history of developing various carbon fiber products.