The acquisition builds upon a long partnership between the two companies and will further enhance CNH Industrial’s position in the global agriculture equipment market by adding strong innovation capabilities in autonomous and precision agriculture technology.
CNH Industrial reported first quarter consolidated revenues of $7.5 billion (up 37% compared to the first quarter 2020), net income of $425 million and adjusted EBIT of Industrial Activities of $545 million (up $693 million).
CNH Industrial has announced that it has appointed Parag Garg as Chief Digital Officer and Marc Kermisch as Chief Information Officer for Off-Highway business. This follows the appointment of Kevin Barr as Chief Human Resources Officer on March 19, 2021.
CNH Industrial announced it has completed the acquisition of a minority stake in Bennamann Ltd., a UK based, fast growing agricultural technology company in the field of clean energy. This acquisition will see CNH Industrial become Bennamann’s exclusive strategic agricultural technology partner.
CNH Industrial and Sandhills Global, following the establishment of a strategic partnership based in North America, announce the launch of an exclusive platform for dealers of CNH Industrial's CASE Construction, Case IH, and New Holland brands.
CNH Industrial announced it has completed its acquisition of a minority stake in Augmenta, an agricultural technology company, focused on automating farming operations using computer vision and artificial intelligence.
CNH Industrial announced it has completed its minority investment in Monarch Tractor, a U.S.-based agricultural technology company, which will assist in accelerating agricultural industry transformation towards autonomy and electrification.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.