In August 2007. John Deere acquired the largest tractor manufacturer in southern China, Ningbo Benye Tractor & Automobile Manufacture Co., Ltd to make another 100% owned JOHN DEERE facility in China, which was built in 1955. The new venture is named John Deere (Ningbo) Agricultural Machinery Co., Ltd. (JDNW for short). JDNW occupies an area of 189,151m2, located in Zhenhai District, Ningbo with total investment of RMB600million and around 1,000 employees.The company is the 5th manufacturing facility of the world leading DEERE & COMPANY (JOHN DEERE) in China. Deere & Company is the world largest agricultural machinery manufacture (Headquarters in Moline, U.S.A.) with 174 years history. It’s facilities and branches are all over the world manufacturing and distributing combine, tractor, engine, implements and construction machineries which eventually made the corporation a successful fortune 500 company.