John Deere to stop telehandler production

John Deere has announced that it will stop making telescopic handlers.
The units, built at the firm’s Zweibrcken factory in Germany, are to be discontinued as of 31 October this year.
The firm says the decision to withdraw from telehandlers follows a detailed assessment of the worldwide market.
John Deere has been involved in this market since it entered an agreement with Northern Irish manufacturer Matbro in 1995.
The possibility of another manufacturer building telescopic machines for Deere has been ruled out, according to the company.
It is not clear whether Deere will sell the design rights to the telehandlers to another manufacturer, but it is thought unlikely.
John Deere says it will continue to provide customers with parts and product support for current and previous telescopic handlers, including both 3000- and 4000-series models.
Deere further states that the Zweibrcken factory will now focus on the design and manufacture of harvesting equipment – its combine harvester and self-propelled forage harvester ranges.
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