Reading Time: 2 minutes Racine | Reuters — Members of two local unions that have been on strike since May at CNH Industrial factories in Wisconsin and Iowa on Saturday voted down a tentative labour contract, the United Auto Workers union said. The union did not disclose how many workers at the two plants rejected the four-year deal, which […] Read more
CNH workers at two U.S. plants reject proposed contract
Plants' workers on strike since May
CNH buys spray boom manufacturing capacity
Specialty Enterprises has supplied Case IH with booms
Reading Time: < 1 minute A Wisconsin company that has supplied aluminum spray booms for Case IH sprayer product lines has been brought in-house. CNH Industrial, owner of the Case IH and New Holland brands, announced May 23 it has bought Specialty Enterprises, which is billed as North America’s biggest maker of aluminum spray booms for farm applications as well […] Read more
Workers on strike at two U.S. CNH plants
Production of Magnum tractors, combine headers affected
Reading Time: < 1 minute Workers at two CNH Industrial manufacturing plants in the U.S. Midwest have hit the picket line after their previous contract expired without an agreed-upon replacement. United Auto Workers, whose locals 180 and 807 represent over 1,000 employees at CNH’s plants at Racine, Wisconsin and Burlington, Iowa respectively, said Monday the workers went on strike that […] Read more
CNH confident on navigating supply issues beyond first quarter
Market environment remains 'a battle'
Reading Time: < 1 minute Milan | Reuters — CNH Industrial beat first-quarter earnings expectations on Tuesday and the agricultural and construction machine maker’s CEO said he was confident the company could successfully navigate ongoing global supply chain issues. “Don’t underestimate how difficult the environment is, it’s a battle,” CEO Scott Wine told analysts after the company posted a 9.2 […] Read more
CNH revs up its strategic plan
CNH Industrial’s new CEO sets a direction he thinks farmers will want to buy into
Reading Time: 6 minutes When a new executive takes over a major corporation, it’s no surprise that a new strategic plan gets announced within a few months. The plan becomes a road map of sorts, revealing the new boss’s objectives and vision for the future. A new broom sweeps clean, as the old proverb says, and it’s what these […] Read more
CNH sees revenues rising to 2024 on precision agriculture plans
Margin at agricultural unit seen at 14.5 to 15.5 per cent
Reading Time: 2 minutes Milan | Reuters — Italian-American vehicle maker CNH Industrial on Tuesday gave guidance for a total revenue growth of up to 24 per cent through 2024 as it presented a new business plan after spinning off its truck, bus and engine units. In a bid to focus on its higher-margin agriculture and construction machine businesses, […] Read more
CNH shareholders approve spin-off of truck maker Iveco
Reading Time: < 1 minute Milan | Reuters — Shareholders at CNH Industrial on Thursday approved the spin-off of its truck-making business Iveco Group, the company said, completing a plan launched more than two years ago to reorganize its businesses. Upon completion of the plan, CNH Industrial shareholders will receive one Iveco Group common share for every five common shares […] Read more
MacDon to make draper headers for Case IH, New Holland
Co-branded combine headers up for order next year
Reading Time: 2 minutes Canadian harvest equipment maker MacDon Industries will make draper headers for Case IH Axial-Flow and New Holland combines for the major manufacturers to sell through their own dealer networks in the new year. Case IH and New Holland, both owned by CNH, said separately Thursday they have partnership agreements in place with Winnipeg-based MacDon to […] Read more
CNH gets a new boss
Autonomous machinery is coming fast, but electrification not so much. Scott Wine, the new CEO in charge of Case IH and New Holland, sees a company in position to do business with a ton more farmers
Reading Time: 6 minutes It’s a very, very big ship that Scott Wine has taken the wheel of, so earlier this fall, Country Guide sought an opportunity to interview the new CEO of CNH Industrial, the parent company of Case IH and New Holland. Wine took over last January, so he’s got his feet under him now and we […] Read more
CNH to buy Raven Industries
Heavy equipment maker to pay US$2.1 billion for precision ag firm
Reading Time: 2 minutes The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based Raven Industries for about US$2.1 […] Read more