Milan | Reuters — Farm and construction equipment maker CNH Industrial said Tuesday its plan to abandon the Milan stock market and retain a single listing for its shares on the New York Stock Exchange would be effective from Jan. 2 next year. The Italian-American group, whose shares are currently traded both on the NYSE […] Read more
Tag Archives new holland — page 2
CNH to move to NYSE single listing Jan. 2
Company also plans new US$1B share buyback
CNH puts full-electric utility tractors on deck
New Holland T4, Farmall 75C due out early 2024
Heavy equipment firm CNH plans to get two new all-electric utility tractor models onto at least a few dealer lots in 2024 — including one it bills as a first in the tractor market. CNH’s New Holland Agriculture arm said Monday its T4 Electric Power model, “the first all-electric utility tractor with autonomous features,” will […] Read more
CNH enlists Sask. manufacturer for new windrower draper heads
Honey Bee to partner on new small-grain swathing combos
A new manufacturing partnership will see New Holland’s Speedrower Plus and Case IH’s WD5 windrower lines put to work swathing small grains and canola — and put made-in-Saskatchewan faces forward as they do. Case IH and New Holland’s parent firm CNH and Honey Bee Manufacturing say they’ve set up a partnership agreement for compatibility between […] Read more
At Ag in Motion: Seeding equipment gets its closeup
Multiple manufacturers seize opportunity to compare offerings
Ag in Motion’s 2023 edition continued to make equipment demonstrations a central part of its presentation to farmers. Not only can farmers kick the tires on a machine of interest — they can actually see how it performs compared to competitors. That definitely helps inspire confidence when making a buying decision. This year the show […] Read more
CNH raises revenue guidance on robust tractor demand
Price increases support profit margins
Milan | Reuters — Farm and construction equipment maker CNH Industrial on Friday raised its full-year revenue forecast as operating profit topped expectations in the first quarter, aided by a strong order backlog and resilient demand for its large tractors. The company increased its revenue outlook for industrial activities to between eight and 11 per […] Read more
CNH sheds Russian business
New Holland, Case IH maker had suspended shipments last year
The maker of Case IH and New Holland tractors and combines is selling its business activities in Russia for about US$60 million. CNH Industrial, which employs about 200 people in Russia, announced the divestment in a release Wednesday without naming the buyer. CNH in March last year suspended all shipments and supplies to Russia and […] Read more
CNH to buy Outback Guidance’s parent firm
Case IH, New Holland maker to pay US$175 million for Hemisphere
CNH Industrial, parent of the Case IH. New Holland, Steyr and Flexi-Coil farm equipment brands, has signed a cash deal to buy satellite positioning tech firm Hemisphere GNSS, parent of the Outback Guidance aftermarket GPS, precision ag and autosteer business. CNH announced Thursday it will pay $175 million for Hemisphere, which has been owned since […] Read more
NH’s methane-powered T6 tractor hits the market
Several years in development, the tractor can run on methane or CNG
Major brands in the auto and machinery sectors are putting emphasis on development of alternative fuel engines. While battery electric is seen as a contender in the passenger car and low-horsepower-equipment segment, other fuels will be needed to replace gasoline and diesel for large vehicles and equipment. And some brands, such as Toyota, are looking […] Read more
New Holland updates the Discbine
Cutter bar updates improve cutting efficiency
Glacier FarmMedia – New Holland updated its line of Discbine mower conditioners by introducing the Discbine Plus series. “The Discbine Plus models have bold, new styling and yellow accents to signify commercial-grade performance,” said Jordan Milewski, conventional hay tools marketing manager for New Holland Agriculture North America. “We’ve focused on enhanced cutting and swath controls […] Read more
CNH introduces the T4 Electric Power
Electric and autonomous utility tractor about to hit the market
Glacier FarmMedia – Last fall, CNH Industrial, parent company of Case IH and New Holland, announced the pending introduction of the agricultural equipment industry’s first battery-electric, fully autonomous tractor. A prototype version of it was on display for the first time at a media day in Phoenix, Ariz., in early December. It wore New Holland […] Read more
