MOLINE, Illinois (March 3, 2011) — Deere & Company has been rated as the top company in its industry in the annual “Most Admired Companies” ranking by Fortune magazine. Deere also achieved its highest ranking ever in Fortune‘s “World’s Most Admired Companies – Top 50.” The 2011 rankings were announced today.
Deere was ranked first overall in the Industrial and Farm Equipment industry for the first time since 2008. Companies are ranked in nine categories and Deere was chosen as the top company in its industry in six of those categories – innovation, use of corporate assets, social responsibility, quality of management, financial soundness and quality of products and services.
Just as importantly, Deere earned the 39th spot on Fortune‘s “World’s Most Admired Companies Top 50”, up four spots from last year’s ranking. It is the highest rank ever achieved by Deere on the world list.