reports
CNH announces signing of a €3.25 billion committed revolving credit fa...
CNH announces signing of a €3.25 billion committed revolving credit facility CNH announces signing of a €3.25 billion committed revolving credit facility Basildon, April 23, 2024 On April 19, 2024, CNH (NYSE: CNHI) signed a €3.25 billion committed revolving credit facility, intended for general corporate purposes of the Company. The facility, entered into with a group of 18 banks providing aggregate commitments in excess of €3.5 billion, has a 5-year tenor with two extension options of one year each, exercisable on the first and second anniversary of the signing date. It replaces an ...
CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group...
CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan CNH NAMES GERRIT MARX AS CEO Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan Basildon, April 21, 2024 CNH Industrial N.V. (NYSE:CNHI) announces the appointment of Gerrit Marx to the role of CEO effective July 1, 2024. He succeeds Scott Wine, whose request to leave ...
CNH to release 2024 First Quarter financial results on May 2
CNH to release 2024 First Quarter financial results on May 2 CNH to release 2024 First Quarter financial results on May 2 Basildon, April 18, 2024 CNH (NYSE: CNHI) will release its 2024 First Quarter financial results on Thursday, May 2, 2024. A live audio webcast of the financial results conference call will begin at 9:00 a.m. EDT (2:00 p.m. BST / 3:00 p.m. CEST) on the same day. It will be accessible at the following address: For those unable to participate in the live session, a replay will remain archived in the of the corporate website () for two weeks following the conference c...
CASE recognized for delivering first sustainable UK roadshow
CASE recognized for delivering first sustainable UK roadshow CASE recognized for delivering first sustainable UK roadshow Basildon, April 17, 2024 At CNH increasing productivity for our customers in a sustainable way is a key priority. We are investing in alternative propulsion, fuel use/input cost reductions, and other innovative technologies, and this is just the tip of the iceberg. To this end, our brand, CASE Construction Equipment, has broken new ground to deliver the first certified sustainable roadshow in the UK. We created a video and photo gallery to document how this milestone ...
Pricing of CNH Industrial Capital Canada Ltd. Cdn$400 million notes
Pricing of CNH Industrial Capital Canada Ltd. Cdn$400 million notes Basildon, March 21, 2024 CNH Industrial N.V. (NYSE: CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has priced Cdn$400 million in aggregate principal amount of 4.80% notes due March 25, 2027, with an issue price of 99.876%. The notes are being offered on a private placement basis to certain accredited investors in each of the provinces of Canada, which offering is expected to close on March 25, 2024, subject to the satisfaction of customary closing conditions. CNH Indus...
Pricing of CNH Industrial Capital LLC $600 million notes
Pricing of CNH Industrial Capital LLC $600 million notes Basildon, March 19, 2024 CNH Industrial N.V. (NYSE: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 5.100% notes due 2029, with an issue price of 99.157%. The offering is expected to close on March 21, 2024, subject to the satisfaction of customary closing conditions. CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, includ...
CNH publishes 2024 Annual General Meeting agenda
CNH publishes 2024 Annual General Meeting agenda CNH publishes 2024 Annual General Meeting agenda Basildon, March 19, 2024 CNH Industrial (NYSE: CNHI) announced today that it has published its notice of the 2024 Annual General Meeting of Shareholders (“AGM”) and proxy statement. The AGM will be held on May 3, 2024, in Amsterdam, The Netherlands. The proceedings can also be followed via a live webcast on the Company's website (. The Company’s AGM materials and instructions for voting and submitting questions in advance of the meeting, together with those on how to follow the AGM remo...
CNH brands recognized with iF Design Awards
CNH brands recognized with iF Design Awards CNH brands recognized with iF Design Awards Basildon, March 14, 2024 CNH brands Case IH and STEYR have each won a prestigious iF Design Award. Since their inception in 1953, these prestigious annual awards have been renowned as a global symbol of excellence in design. The Quadtrac 715, the highest horsepower machine Case IH has ever built, was recognized alongside the STEYR Plus Tractor, which offers all-round versatility for today’s mixed and livestock farms. Both vehicles blend innovative style and aesthetics with enha...
CNH Zedelgem: Where big farm machinery meets cutting edge tech
CNH Zedelgem: Where big farm machinery meets cutting edge tech CNH Zedelgem: Where big farm machinery meets cutting edge tech Basildon, March 7, 2024 At CNH we deliver customer inspired innovation, integrating great iron and advanced tech. The result: industry leading products that make farming more productive, efficient and profitable. Our photo series gives a behind-the-scenes glimpse of where modern harvesting comes to life. Discover our Harvesting Center of Excellence – Zedelgem, Belgium – home of the award-winning New Holland CR11 combine. Founded in 1906, our New Holland Harvesti...
CNH supports expanded rural connectivity in Latin America
CNH supports expanded rural connectivity in Latin America CNH supports expanded rural connectivity in Latin America The company’s latest strategic agreement in Argentina with Telecom takes our network coverage to close to 15 million hectares of farmland on the continent. Basildon, March 4, 2024 Farming is and always has been one of the toughest jobs out there, but through its suite of precision technology solutions, CNH is making the task easier and more productive. These technologies, which help our customers save time, money, and critical resources, depend on robust internet connectiv...
CNH takes minority investment in drone imaging AI company Bem Agro
CNH takes minority investment in drone imaging AI company Bem Agro CNH takes minority investment in drone imaging AI company Bem Agro Basildon, February 20, 2024 CNH continues to strengthen its tech stack with Ag Tech solutions that make farming easier, more efficient, and more sustainable for our customers. To further our offering in this field, our investment arm has taken a minority stake in – a Brazilian startup and existing supplier to CNH. Bem Agro uses AI to convert any type of aerial field image – including those taken from machines, drones and satellites – into Agronomic M...
CNH Industrial N.V. Reports Fourth Quarter and Full Year 2023 Results
CNH Industrial N.V. Reports Fourth Quarter and Full Year 2023 Results Fourth quarter net income increased by 4% year-over-year despite consolidated revenue declining by 2% Fourth quarter Agriculture segment adjusted EBIT margin up 40 bps year-over-year to 13.5%; Construction up 230 bps to 5.8% Full year net income up 17% year-over-year on a 5% increase in consolidated revenue Full year diluted EPS reaches $1.76; adjusted diluted EPS at $1.70 Cost reduction programs expected to improve through-cycle margins Company announces additional $500 million share buyback program Basildon, UK - ...
CNH among top 5% in S&P Global Yearbook and high scorer in Dow Jones S...
CNH among top 5% in S&P Global Yearbook and high scorer in Dow Jones Sustainability World & North America Indices CNH among top 5% in S&P Global Yearbook and high scorer in Dow Jones SustainabilityTM World & North America Indices Basildon, February 7, 2024 S&P Global – a leading authority in financial information and analytics – has ranked CNH as one of the strongest performers in its . We placed in the top 5% among the over 9,400 companies rated in the annual S&P Global Corporate Sustainability Assessment. This latest result adds to the recent second place ranking we received from S...
CNH to release 2023 Fourth Quarter & Full Year financial results on Fe...
CNH to release 2023 Fourth Quarter & Full Year financial results on February 14 CNH to release 2023 Fourth Quarter & Full Year financial results on February 14 Basildon, January 26, 2024 CNH (NYSE: CNHI) will release its financial results for the Fourth Quarter and Full Year of 2023 on Wednesday, February 14, 2024. A live audio webcast of the financial results conference call will begin at 9:30 a.m. ET (2:30 p.m. GMT / 3:30 p.m. CET) on the same day. It will be accessible at the following address: . For those unable to participate in the live session, a replay will rem...
Upskilling the future of India’s construction industry
Upskilling the future of India’s construction industry Upskilling the future of India’s construction industry Our video series looks at how a project in India has become a launchpad for the careers of underprivileged young people in the construction industry. Basildon, January 25, 2024 At CNH we stand with the world’s farmers and construction workers as part of our everlasting commitment to sustainability, innovation and productivity. Providing opportunities for young people to learn new skills and grow their careers in the construction industry is important to us. Our ...
CNH invests in ecofriendly bale storage innovator Nature’s Net Wrap
CNH invests in ecofriendly bale storage innovator Nature’s Net Wrap CNH invests in ecofriendly bale storage innovator Nature’s Net Wrap Basildon, January 23, 2024 CNH, through our investment arm , is supporting the scientific development of the first viable compostable net wrap for bales in agriculture. Our investment in the Canadian start-up Nature’s Net Wrap aims to accelerate their mission to eliminate waste from the process of collecting and storing crops. Shifting to compostable net wraps has the potential to significantly benefit farmers. It will reduce landfill use, haulage and d...
CNH’s Design Center wins four Good Design Awards
CNH’s Design Center wins four Good Design Awards CNH’s Design Center wins four Good Design Awards Basildon, January 18, 2024 Product designs from CNH’s global agriculture brands Case IH and New Holland have been honored with four . Winners of this renowned global prize for design excellence are determined by the and . This edition saw submissions received from over 55 countries. “Our CNH Design Team is always thrilled to be recognized by the Good Design Awards. The unique talents within this global team are on full display in these designs which include our brand...
CNH: €150 million investment in Harvesting Center of Excellence
CNH: €150 million investment in Harvesting Center of Excellence CNH: €150 million investment in Harvesting Center of Excellence The company is expanding its R&D and production capabilities at the New Holland Harvesting Center of Excellence in Zedelgem, Belgium, with its five-year investment plan. Zedelgem, January 17, 2024 CNH announces the latest phase in its five-year investment plan concerning its R&D and production facility in Zedelgem, Belgium. The €150 million sum is focused on further development and production of the new CR11, the next generation flagship combine harvester fr...
CNH investit 150 millions d’euros dans son centre d’excellence de Zede...
CNH investit 150 millions d’euros dans son centre d’excellence de Zedelgem CNH investit 150 millions d’euros dans son centre d’excellence de Zedelgem Le groupe augmente les capacités de R&D et de production de son Centre d’Excellence Récolte New Holland à Zedelgem (Belgique), grâce à un plan d’investissement sur cinq ans. Zedelgem, le 17 janvier 2024 CNH annonce la dernière phase de son plan d’investissement sur cinq ans en faveur de ses ressources R&D et de production à Zedelgem, en Belgique. Cet investissement de 150 millions d’euros est destiné au développement et à la production de ...
CNH: investering van € 150 miljoen in Harvesting Center of Excellence ...
CNH: investering van € 150 miljoen in Harvesting Center of Excellence CNH: investering van € 150 miljoen in Harvesting Center of Excellence Met zijn investeringsplan van vijf jaar breidt het bedrijf zijn R&D- en productiecapaciteiten uit in het New Holland Harvesting Center of Excellence in Zedelgem, België. Zedelgem, 17 januari, 2024 CNH kondigt de laatste fase aan van zijn vijfjarige investeringsplan ten behoeve van zijn R&D- en productiefaciliteit in Zedelgem, België. Het bedrag van €150 miljoen is bestemd voor de verdere ontwikkeling en productie van de nieuwe CR11, het topmodel ...
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