John Deere foundry in Waterloo completes $150M renovation - KWWL - Eastern Iowa Breaking News, Weather, Closings

John Deere foundry in Waterloo completes $150M renovation

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WATERLOO (AP) -

John Deere has completed renovations on its foundry in Waterloo, a $150 million project that will allow the company to produce larger castings for it larger tractors.

The Waterloo-Cedar Falls Courier reports (http://bit.ly/1bVFgwW ) renovations on the foundry, built more than 40 years ago, were announced in 2010. It includes a new high-tech mold line and an integrated cooling system.

Officials say the foundry gives the company a competitive edge. They also applaud committed employees.

The latest renovations are part of more than $1 billion in investments over the past decade to the Waterloo operations. It employs 6,000 people and is the company's largest manufacturing complex in the world.

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