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Screengrab from a CNH promotional video of its Magnum tractor assembly plant at Racine, Wisconsin. (CNH video)
Crops, Machinery

CNH sees headwinds easing in 2023 after strong fourth-quarter results

Long-running strikes end at two CNH plants in U.S.

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Reuters — CNH Industrial said on Thursday its 2023 net sales of industrial activities would grow by between six and 10 per cent, after the group posted stronger-than-expected results in the last quarter of 2022. The industry faced several headwinds in 2022, including a choppy supply chain and inflation, but late in the year these […] Read more
Local UAW union members arrive at Starbuck Middle School at Racine, Wis. to vote on CNH Industrial’s latest contract offer on Jan. 7, 2023. (Photo: Reuters/Bianca Flowers)
Crops, Machinery

CNH workers at two U.S. plants reject proposed contract

Plants' workers on strike since May

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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
Under their hoods, tractors may look very different than they do now in just a few years, with electric and hybrid powertrains as well as electric implement controls.
Machinery

What’s in store from machinery brands?

Deere, CNH commit to more tech, electric and hybrid drives

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Glacier FarmMedia – The new powered farm machines parked on dealership lots in the coming decade are going to look a little different than they do now, at least under the hoods. That’s according to information released recently by two major manufacturers, John Deere and CNH Industrial, parent company to Case IH and New Holland. […] Read more
Screengrab from a CNH promotional video of its Magnum tractor assembly plant at Racine, Wisconsin. (CNH video)
Crops, Machinery

Workers on strike at two U.S. CNH plants

Production of Magnum tractors, combine headers affected

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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
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Machinery

CNH confident on navigating supply issues beyond first quarter

Market environment remains 'a battle'

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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
The T6.180 Methane Power tractor is now commercially available to NH customers for the 2022 season.
Machinery

First methane-fuelled tractor hits the market

New Holland releases its alternative-fuel T6.180 Methane Power

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Glacier FarmMedia – New Holland has been teasing us with alternative-fuel concept tractors for several years.  We’ve seen the blue brand show both hydrogen- and methane-powered machines at prominent events like Agritechnica. The company has even gone so far as to establish an energy self-sufficient demonstration farm in Europe, where new machines undergo real-world testing. Now, we’re […] Read more
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Crops, Machinery, Markets

CNH sees revenues rising to 2024 on precision agriculture plans

Margin at agricultural unit seen at 14.5 to 15.5 per cent

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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
The T7 HD tractor series will include 14 models topping out at 300 horsepower and featuring “next-generation” PLM Intelligence.
Machinery

New Holland debuts redesigned T7 HD tractors

An all-new cab and enhanced digital features offered in 14 models

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Glacier FarmMedia – In a press event streamed live online from Europe last year, senior executives from New Holland announced the introduction of the new, 14-model line of T7 Heavy Duty series tractors, which join New Holland’s larger T8 and T9 series tractors by coming from the factory with the brand’s digital Precision Land Management […] Read more
Iveco’s products include the Stralis XP truck for the long-distance haulage market. (Iveco.com)
Crops, Machinery

CNH shareholders approve spin-off of truck maker Iveco

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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
A promotional photo of a MacDon FD2 FlexDraper header in a soybean field in Montana. (FD2.Macdon.com)
Crops, Machinery

MacDon to make draper headers for Case IH, New Holland

Co-branded combine headers up for order next year

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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

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