Articles tagged under: CNH Industrial
CNH 3Q Financials Released
Published November 8, 2023
CNH Industrial reports quarterly net income of $570 million, up from $559 million in the same quarter in 2022. Record margins were seen in the company’s agriculture business segment. CNH also announced a restructuring plan which will include a five…Net Income Up for CNH
Published July 31, 2023
CNH Industrial finished the second quarter with net income of $710 million. That’s up 29 percent from the same period last year. Net sales in the agriculture division rose four percent to $4.9 billion. Farm equipment sales are at the…Record Revenue and Income for CNH Industrial
Published February 3, 2023
CNH Industrial reports record net income of $592 million for 2022, up from $464 million in the previous year. Agriculture sales were up nearly 30 percent due to higher sales volume and a favorable price situation. In North America, sales…CNH Industrial Union Workers End Strike
Published January 24, 2023
Union workers at the CNH Industrial tractor plants in Racine, Wisconsin and Burlington, Iowa have agreed to a new contract. More than 1,000 union employees have been on strike for the last nine months. Labor Secretary Martin Walsh helped mediate…Unions Vote Down CNH Labor Contract
Published January 9, 2023
Two local unions at CNH Industrial factories in Wisconsin and Iowa have rejected a tentative labor contract. The four-year contract proposal included wage increases of 25-to-38 percent. A strike has been underway at the farm and construction manufacturing plants since…CNH Strike Continues
Published July 11, 2022
Negotiations between CNH and union workers broke down in mid-June and no additional meetings are scheduled. This labor contract is for 1,100 workers at the Case IH and New Holland plants in Burlington, Iowa and Racine, Wisconsin.No End in Sight for CNH Industrial Strike
Published May 26, 2022
Union workers at two CNH Industrial plants remain on strike. The work stoppage began May 1. CNH offered a three-year contract and an 8.5 percent raise in the first year, but labor leaders rejected the offer. The CNH plant at…CNH Industrial Updates Strategic Plan
Published February 23, 2022
This CNH Industrial plan focuses on its higher-margin agriculture and construction equipment business. The recent acquisition of Raven Industries was highlighted as an opportunity to increase the company’s precision agriculture and autonomous agriculture efforts. The Case IH and New Holland…CNH Industrial and MacDon Partnership
Published December 10, 2021
Manitoba-based MacDon Industries has entered into a partnership with Case IH and New Holland for a line of co-branded draper headers. Case IH will have the draper headers available for order by early 2022. The New Holland brand will have…