John Deere Awarded $125M Contract to Build Machines for U.S. Marines

The U.S. Department of Defense awarded John Deere Construction & Forestry Company an estimated $125 million contract to build up to 540 Medium Crawler Tractors (MCTs).

The MCTs are being built for the Marine Corps Systems Command in Quantico, Va., for delivery to military bases throughout the United States and overseas. Based on the popular John Deere 850J Crawler Dozer, these machines will be modified to meet the Marine Corps' unique specifications.

The Clinton Global Initiative (CGI) announced today that eight utilities -- Con Edison, Duke Energy, Edison International, Great Plains Energy, Pepco Holdings, PNM Resources, Sierra Pacific Resources and Xcel Energy -- are committed to seeking regulatory reforms and approvals to increase their investment in energy efficiency by $500 million annually to about $1.5 billion annually. This increased level of investment in energy efficiency, when fully implemented in 10 years, will reduce carbon dioxide emissions by about 30 million tons -- the equivalent of removing nearly 6 million cars from the road. It will also avoid the need for 50 500-megawatt peaking power plants.

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