Case IH chief Baker to lead P&H Mining Nov 20, 2009
Baker served as president and CEO of the agricultural equipment business at CNH Global, a Burr Ridge, Ill ... Case IH is a brand of CNH Global, which was created with the 1999 merger of Racine-based Case Corp. and Amsterdam-based New Holland NV.. (Milwaukee Business Journal, WI)
Deere Lays off More Workers as Demand Lags Sep 11, 2009
Since sales of tractors, harvesters and other agricultural equipment rise and fall along with farm income, Deere and competitors CNH Global NV and Agco Corp have been scaling back production. (Reporting by James B. Kelleher; Editing by Toni Reinhold). (ABC News -- Wire)
Deere falls on weak outlook Aug 20, 2009
Since farm equipment purchases are highly correlated with crop prices and the cash receipts they represent, that was likely to translate into less demand for the tractors and harvesters produced by Deere and its top rivals, Fiat Spa subsidiary CNH Global NV and Agco Corp.. With demand from farmers easing, that puts added pressure on Deere 's construction and forestry unit, which competes with Caterpillar Inc., Komatsu Ltd. and Terex Corp. and has seen demand drop sharply as a result of the... (Crain's Chicago Business)
ProLogis Leases 246,000 Square Feet in Portland to CNH Parts & Service Jul 24, 2009
July 23 /PRNewswire-FirstCall/ -- ProLogis (NYSE: ), a leading global provider of distribution facilities, announced today that it signed a lease agreement during the second quarter of 2009 for 246,000 square feet of recently completed distribution space in Portland, Oregon, to CNH Parts & Service, the product support business of agricultural and construction equipment maker CNH Global N.V.. CNH will occupy space at ProLogis Park PDX, which is located near the intersection of Interstate 84 and... (PR Newswire)
CNH Global reports 2Q declines Jul 24, 2009
for free extra services. Subscribe to The Business Journal. (Milwaukee Business Journal, WI)
Caterpillar's dividend may be at risk: analyst Jul 10, 2009
Paccar's move follows dividend reductions at CNH Global NV, Timken Co., and Ingersoll-Rand Plc. Ingersoll in March cut its quarterly dividend to 7 cents a share, from 18 cents. (Crain's Chicago Business)
Moore: Chrysler talks 'difficult' Jun 19, 2009
assembly plant or making engines for the CNH Global tractor factory in Racine. CNH Global is largely owned by Fiat. (Chippewa Falls Chippewa Herald, WI)
Chrysler workers deserved better May 18, 2009
Kenosha Mayor Keith Bosman has even raised the idea of building tractor engines for the CNH Global plant in Mount Pleasant. Blame for Chrysler s diminished health can be parceled out in many directions. (Racine Journal Times, WI)
Fiat May Spin Off Automobile Division, Seeks to Acquire GM European Assets May 5, 2009
A spinoff of Fiat Automobile, which accounted for 45 percent of Fiats 2008 sales, would leave Italys largest manufacturer with assets such as the CNH Global NV agricultural and construction-equipment unit, and Iveco trucks. Instead of defending its niche market in Italy, Fiat decided to be a predator worldwide, Luca Peviani, managing director at P&G Sgr in Rome, said. (Bloomberg -- UK)
Lean harvest for Duluth-based tractor company Mar 7, 2009
The project, five years in development, aims to build AGCO s North American market share in a segment dominated by Deere nd the Case IH subsidiary of CNH Global ... Shares of Deere nd CNH Global are down 71 percent and 88 percent, respectively, over the last year. (Atlanta Journal-Constitution -- Business)
Fargo CNH plant to lay off 140 Feb 28, 2009
The plant's parent company, CNH Global NV., issued a two-sentence statement attributing the layoffs to a continuing weakness of the economy and a need to align production with demand ... "We really can't say anything else," Ralph Traviati, spokesman for CNH Global, said Friday ... Illinois-based CNH Global announced in December that it was temporarily shutting down one production line but said workers would be shifted to other lines. (Bismarck Tribune, ND)
Deere in the Crosshairs as Recession Hits Farmers Feb 16, 2009
Over the past year, Deere has outperformed its two primary rivals in the farm equipment business, Fiat SpA subsidiary CNH Global NV and Agco Corp , on Wall Street. True, the company has managed to do this mostly by not falling as much as its competitors. (ABC News -- Wire)
