John Deere R&D

Promoteur – Intermédiaire Financier

Deere & Co

Lieu

• France
• Allemagne

Description

The project concerns the promoter’s R&D investments in the field of engines and drivetrains efficiency, farming and harvesting technology, safety improvements of off-road mobile machinery cabins as well as GPS based precision farming.

Objectifs

The R&D activities include: development of enhanced tractor models in line with new emissions standards in order to improve the efficiency and reach a higher performance; design of efficient power transmissions, ergonomic cabins and use of alternative  energy sources; GPS applications. In the field of harvesting, enhancement of existing products and development of new products in order to improve productivity; development of new agricultural management systems. Concerning the production of engines, the objective is to improve existing engines in terms of efficiency, fuel consumption and emissions and to design new engines in order to meet the future emission standards.

Secteur(s)

• Industrie

Montant BEI envisagé (montant approximatif)

EUR 220 million.

Coût total (montant approximatif)

EUR 440 million.

Aspects environnementaux

The project concerns the continuation of current RDI practice and will be carried out within existing RDI facilities. An EIA should therefore not be required by EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, unless there are new premises to be built. The promoter will be required to assure that the provisions of the EIA Directive and those of any other relevant environmental requirements are complied with.

Passation des marchés

Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.

Statut

Signé - 21/07/2010