What is a 'Grant'. A grant is the issuance of an award, such as a stock option, to key employees under a stock plan. A stock option grants the employee the right to purchase a certain number of shares of the company's stock at a predetermined price. This price is called the grant price.
John Deere agricultural tractors are built in Waterloo, Iowa, USA. Lawn mower tractors are built in Horicon, Wisconsin. Utility tractors are built in Grovetown, Georgia, USA. Other utility tractors sold in countries other than the US are built in Pune, India. Larger European tractors are built in Mannheim, Germany.
Deere sold its 2 millionth lawn tractor (a LX188) in 1992 and followed that up with its 3 millionth sale (a LT133) in 1998. Numbers of sales werenât the only things growing at the time, as the company also introduced a few landmark models that are critical to John Deere riding mower history.