Articles tagged under: CNH Industrial
CNH Acquires Software Company
Published December 2, 2021
CNH has purchased a software engineering company called NX9 to support the digital platform for its agricultural division. NX9 specializes in technology that allows farm implements to communicate with each other. CNH, which is behind the Case IH and New…CNH Industrial Completes Raven Industries Acquisition
Published November 30, 2021
CNH Industrial finished its acquisition of Sioux Falls, South Dakota-based Raven Industries, a precision agriculture company. The first in-house products featuring fully integrated Raven precision agriculture systems will become available in 2022.$2.1 Billion Purchase Price for Raven Industries
Published June 21, 2021
CNH Industrial has an agreement to purchase Raven Industries for $2.1 billion. This deal is expected to close in the fourth quarter. Raven Industries is based in Sioux Falls and concentrates on precision agriculture and autonomous agriculture.CNH Revenues Increase 37 Percent
Published May 7, 2021
In its first quarter report, CNH Industrial said its net income totaled $425 million. In North America, the demand for 140 horsepower and under tractors was up 53 percent. For the larger tractors, sales increased 15 percent. Combine sales rose…CNH Industrial Outlines First Quarter Losses
Published May 10, 2020
CNH Industrial, the Case IH parent company, is reporting a 2020 fiscal year first quarter net loss of $54 million. That's based on consolidated revenue of $5.5 billion compared to a $264 million net profit one year ago. Net sales…CNH CEO Resigns
Published March 23, 2020
The CNH Industrial board has accepted the immediate resignation of CEO Hubertus Muhlhauser. CNH Chair Suzanne Heywood will serve as the acting chief executive officer. CNH markets agricultural and construction equipment including the Case IH and New Holland brands.Case IH and New Holland Equipment to Feature New Tool
Published September 3, 2019
CNH Industrial is acquiring AgDNA, which is a farm management information company. The CNH Industrial brands, including Case IH and New Holland, will be able to use AgDNA’s data integration, mapping and analytical tools. This initiative will consolidate agronomic information…