Deere Purchases Robotics Company
In August 2021, Deere agreed to purchase California-based Bear Flag Robotics, an agricultural technology company specializing in autonomous tractors, for $250 million. Specifically, technologies developed by Bear Flag Robotics allow tractors to operate autonomously. The two companies began collaborating in 2019.
The acquisition of Bear Flag Robotics complements Deere’s research and development activities, and broader commitment to providing innovative equipment with advanced connectivity capabilities. It also builds on other major recent company initiatives. In February 2021, for instance, Deere announced its Precision Forestry initiative, which is designed to reorganize the company’s technology portfolio and upgrade Deere’s forestry equipment offering.
Deere’s goal is to better serve customers in the agricultural and forestry sectors with individualized solutions to their needs. The next generation of forestry equipment from Deere will feature an array of new technologies, and the purchase of Bear Flag Robotics is a critical component of the company’s commitment to innovation.
Latest News
New From Tigercat: Triangulated Harvesting Head
In late September 2023, visitors to the Pacific Logging Congress, a live demo event held in Washington state, got a sneak peak of the new Tigercat 573 harvesting head processing logs on the end of a Tigercat 875E logger. Since then, multiple units have been testing in far flung regions from Alberta to Australia and the results are in. The 573 is shaping up to be a high performing, reliable head for roadside processing and harvesting.
AOL Health Insurance Now Available In Oregon
Following approval from Oregon’s Division of Financial Regulation at the end of 2023, Associated Oregon Loggers is now offering logger health plans through the association. The new AOL Association Insurance Program, offered by a partnership between the AOL Health Benefits Trust and the insurance provider, Health Net of Oregon.
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