Trump is major customer of Deere & Co

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As an owner of golf courses, President Donald Trump needs to keep his fairways in good condition.

“I bought a lot of John Deere equipment, millions and millions and millions of dollars worth of John Deere equipment, one of their bigger customers they tell me,” Trump said during a roundtable discussion at Northeast Iowa Community College, just outside of Dubuque.

Deere confirmed Trump golf courses are among its biggest customers — but specifically for its golf-equipment line, which includes mowers and aerators. The business is a relatively small segment of Deere’s agricultural machinery unit, the world’s largest, and didn’t get a mention in the company’s most recent earnings statement.

That wasn’t the only presidential plug for Deere. Trump walked into the room with a stack of green-and-yellow baseball caps emblazoned with the slogan “Make Our Farmers Great Again.

“Because we have a lot of farmers in this place, we had this hat made up,” Trump said, showing off the one of the caps. “It’s the John Deere colors.”

Ken Golden, a spokesman for Moline, Illinois-based Deere, said the company’s trademark combination green-and-yellow doesn’t apply to hats, and that Deere had no involvement in the creation of the model displayed by Trump.

Deere’s copyright on the colors does apply to equipment, however. The combination qualifies as a “famous” trademark since the late 1960s, according to a court ruling last year.

Source & More: https://www.bloomberg.com/

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