The head of the union for the 850 workers at CNH Industrial's equipment plant in Mount Pleasant, Wisc., confirmed to the Racine Journal Times that the company will put 150 employees on indefinite layoff December 1.
CNH Industrial, which makes agricultural equipment at the factory, is shutting down second-shift tractor production and reducing production as the industry faces a slowdown, said Jeff Vassh, president of the United Auto Workers Local 180.
Read more at Racine Journal Times.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
