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.
In 1966, John Deere took a leap ahead of the competition with their 20 series. With the 3020 and the 4020 came the Power Shift. John Deere has been a leading tractor for years and have been known to hold their value the best. The Ford 4000 and 5000 series were very tough and economical tractors. However, the hydraulic capacity for the 3-point does not have as much lift as the newer Ford models.