at the last company I worked for, my boss was certainly wealthy, he retired and sold the company shortly after I left and has a nice place and a number of supercars... and I don't resent him for it at all, he is without a doubt both a brilliant mind and a stupid hard worker... he wasn't the early bird in the shop, usually showed up at 9am, but he was often there til 11pm, and took work home with him too. If a piece of equipment had a problem he'd work on it til it was done, and he worked along side the assembly people and we'd all figure it out.
Now when I was just coming up to my 2 year review, I'd spent 6 weeks on a particularly stubborn machine that NO ONE could get running and by the time I was done with it, it did what it was supposed to do.. this was a $500,000 machine that they were about to throw in the trash, and my pay raise? well, I was hoping for $2/hr, expecting 1... when I got 0.75 I was LIVID (this was on the shop manager more than the owner).. I wrote a letter and without saying any numbers, I got an additional $1.25.. the exact raise I'd hoped for... I got several more raises that year when 2 senior co-workers quit and I spent 5 months on the road
JD is much more than farm equipment, but like all "US" companies, they've outsources way too much to china and in JD's case, India.. no different from Cat and Cummins, and the quality has dropped seriously because of that.. I hear that pretty much all MFWD axles for all tractor manufacturers are made in the same factory.. Excavator booms are all made in china for all the big names, and the worst part of it is NONE of the savings are passed on the the consumer.. CAT wants $400 for a door latch, a fuel cap for my IH684 is $90
Indeed though, my biggest gripe with JD is their shift to being anti right to repair, lobbying lawmakers in their favor, etc
THAT is the great work these $20 million /year CEO's do, play golf to make laws that benefit them!