4. Deere Plans to Sell Homelite Unit, Shed 2,000 Jobs Moline, Illinois: Deere & Co. plans to sell its money-losing Homelite lawn care-products business and reorganize its construction and forestry division to cut about 2,000 jobs, or about 4.6 percent of its payroll. Homelite products include chainsaws, blowers and trimmers. Deere, the biggest farm-equipment maker, will try to sell the Homelite operation in Chihuahua, Mexico, which employs 1,200. In Charlotte and the South Carolina cities of Greer and Columbia, some or all of Homelite will be closed, and 475 jobs lost. Deere is scaling back a seven-year foray into retailing consumer-brand lawn-care products that was intended to reduce its reliance on sales of heavy farm equipment, analysts said. Deere already planned to trim production of tractors and combines by 25 percent as sales slow, and said in June it would prune 1,250 salaried positions in the U.S. ``It's becoming obvious the economy isn't going to bounce right back,'' said Susan Cross, an analyst with Wilmington Trust Co., which owns about 13,000 Deere shares. ``They're doing what they have to do given the environment.''