Fiat Industrial
| Company type | Public (NV) |
|---|---|
| Industry | Agricultural machinery, Construction equipment, Financial services |
| Founded | November 12, 1999 (merger of Case Corporation and New Holland) |
| Headquarters | Basildon , United Kingdom |
Area served | Worldwide (180 countries) |
| Products | Agricultural machinery, construction equipment, financial services |
| Owner | Exor (majority shareholder) |
Number of employees | 63,000+ (2019) |
| Website | www |
CNH Industrial NV is a multinational enterprise with Italian-American roots, headquartered in Basildon, United Kingdom, and predominantly controlled by the investment firm Exor, which is owned by the Agnelli family. The corporation specializes in the design, production, and sale of agricultural machinery and construction equipment under prominent brands such as Case IH and New Holland Agriculture. CNH Industrial maintains a global presence, emphasizing growth in emerging markets through strategic joint ventures. By 2019, the company employed more than 63,000 individuals across 67 manufacturing facilities and 56 research and development centers, distributing products to 180 countries worldwide. On 1 January 2022, following a corporate separation, the Iveco Group was formed.
Listed on the New York Stock Exchange, CNH Industrial is legally incorporated in the Netherlands, with its official registered office in Amsterdam and its main operational headquarters situated in London.
Brands
CNH Industrial delivers its product portfolio internationally via multiple brands organized into two primary sectors: agriculture and construction.
Agricultural brands
Within the agricultural equipment category, CNH Industrial produces a range of agricultural machinery including tractors and combines, as well as equipment for hay, forage, and specialized harvesting tasks.
Case IH
Case IH manufactures a variety of agricultural machinery such as tractors, balers, coffee harvesters, combines, cotton pickers, planters, sugar cane harvesters, and tillage implements. These products are distributed through an extensive global dealer network.
New Holland
New Holland Agriculture offers an array of machinery including tractors, balers, combines, forage and grape harvesters, hay tools, material handlers, planters, seeders, sprayers, tillage equipment, and grounds care machines. The brand operates multiple production sites and offices worldwide supported by a comprehensive distribution system.
Steyr
Steyr is an Austrian-based tractor manufacturer catering to agricultural, forestry, and municipal sectors.
Construction brands
In the construction machinery segment, CNH Industrial produces equipment such as backhoe loaders and skid-steer loaders primarily in North America, alongside crawler excavators produced in Western Europe.
Case Construction Equipment
Case Construction Equipment’s product lineup includes backhoe loaders, articulated trucks, crawler and wheeled excavators (including compact models), telehandlers, motor graders, wheel loaders (including compact variants), vibratory rollers, crawler dozers, skid steers, compact track loaders, tractor loaders, and rough-terrain forklifts.
New Holland Construction
New Holland Construction manufactures a diverse range of machinery including crawler and wheeled excavators, wheel loaders, backhoe loaders, skid steer loaders, dozers, telehandlers, mini-wheel loaders, compact track loaders, mini and midi excavators, as well as graders.
Financial services
Through CNH Industrial Capital, the company provides financial solutions encompassing retail financing for purchasing or leasing new and used equipment. It also offers wholesale financing to dealers primarily via floor plan financing. These services operate across North America, Australia, Brazil, and Western Europe through wholly owned subsidiaries and a partnership with BNP Paribas Lease Group within Western Europe.
Parts and Service
After-sales support, parts, and maintenance for CNH Industrial products are available both through dealerships and direct field service. The company provides parts for current models as well as legacy equipment up to two decades old. Parts distribution is managed via depots located on every continent.
Global Footprint and Manufacturing Facilities
CNH Industrial operates with a network exceeding 11,500 dealers and distributors spanning around 170 countries. While the majority of these dealerships are independently owned, there are 12 company-operated outlets in North America and Europe. The production infrastructure consists of 37 plants situated across Europe, Latin America, North America, and Asia.
Case Construction Equipment Timeline
- 1842: Establishment of Case
- 1912: Introduction of road construction machinery such as graders and compactors
- 1957: Debut of the Model 320, the first backhoe loader fully integrated at the factory level
- 1969: Commencement of skid steer loader manufacturing
- 1988: Case’s loader/backhoe recognized by Fortune Magazine as one of "100 Products America Makes Best"
- 1998: Pioneered ride control systems on backhoe loaders and skid steer loaders
- 2000: Production milestone reached with the 100,000th skid steer loader
- 2005: Half a million loader/backhoes produced
- 2008: Jerome I. Case inducted into the Construction Hall of Fame; engineer Elton Long followed in 2011 for significant industry contributions
- 2011: First construction equipment manufacturer to implement selective catalytic reduction and cooled exhaust gas recirculation meeting U.S. and European emission standards
- 2012: Marked 170 years since founding
Case IH Key Milestones
- 1842: J.I. Case establishes Racine Threshing Machine Works
- 1845: Cyrus Hall McCormick Sr. secures patent for the McCormick reaper
- 1902: Formation of International Harvester (IH) through merger of McCormick, Deering Harvester Company, Plano Manufacturing Company, Champion Line, and Milwaukee Harvester Company
- 1923: Launch of the Farmall tractor, known as the "little red tractor"
- 1942: Case produces its first self-propelled combine harvester
- 1977: Introduction of the first Axial-Flow rotary combine
- 1985: Merger between Case and International Harvester’s agricultural division creates Case IH
- 1987: Acquisition of Steiger by Case IH
- 1988: Release of Magnum tractor, the initial new model developed from combined IH and Case engineering efforts
- 1996: Debut of Steiger Quadtrac tractor; entry into sugarcane harvester market via purchase of Australian manufacturer Austoft
- 2006: Rollout of on-board module builder technology with Module Express 625—the first commercial cotton picker capable of module construction during harvest
- 2009: Launch of six new Axial-Flow combine models including Class IX 9120
- 2010: Introduction of EfficientPower models including Puma, Puma CVX, Magnum, Steiger & QUADRAC designed for improved fuel efficiency
New Holland Agriculture Milestones
- 1895: Abe Zimmerman develops a feed mill catering to Pennsylvania farmers
- 1903: Foundation of New Holland Machine Company by Zimmerman in New Holland, Pennsylvania
- 1906: Belgian mechanic Leon Claeys begins manufacturing threshing machines; factory established in Zedelgem by 1909
- 1907: Ford prototypes a mass-produced tractor; Fordson Model F follows about ten years later
- 1919: FIAT Trattori initiates production of Model 702 tractor
- 1939: Ford introduces first mass-produced Ferguson System tractor featuring three-point hydraulic linkage—transforming agricultural practices
- 1964: New Holland acquires significant stake in Claeys
- 1975: Braud launches its inaugural grape harvester, model 1020
- 1980s: FIAT acquires Braud brand
- 1986: Ford purchases New Holland, creating Ford-New Holland Inc.
- 1991: FIAT acquires 80% ownership of Ford-New Holland; New Holland becomes a global full-line manufacturer
- 2001: Launch of CX series combines
- 2006: Centenary celebration for Zedelgem manufacturing plant
- 2007: Begins sponsorship partnership with Juventus Football Club in Turin
- 2009: Introduction of hydrogen-powered NH2 tractor alongside Energy Independent Farm initiative
- 2011: Acts as Gold Sponsor for Climate Action Networking Reception hosted with UNEP and South African government in Durban
- 2012: Achieves production milestone with 200,000th tractor at Greater Noida facility near New Delhi
New Holland Construction Key Developments
- 1931: FIAT Trattori manufactures the inaugural crawler track tractor
- 1947: Bruneri, based in Turin, constructs the first hydraulic excavators, later integrated into FIAT in 1970
- 1966: Ford introduces its initial backhoe loader model
- 1972: Production of the first skid-steer loader under New Holland begins
- 1974: FIAT and Allis-Chalmers combine operations to establish FiatAllis
- 1991: FIAT secures an 80% ownership stake in Ford-New Holland
- 2002: A worldwide partnership is formed with Kobelco to utilize their four decades of experience in crawler excavators
- 2005: The New Holland Construction brand is officially launched
- 2007: The 200,000th skid steer loader rolls off the line, marking 35 years since the original model debut
- 2008: Introduction of the E215B crawler excavator equipped with a low-emission power unit
- 2011: Release of diesel models meeting Tier 4 interim emission standards
CNH Global
CNH Global N.V. served as the parent company for the global agricultural and construction machinery producer created on 12 November 1999 through the merger of Case Corporation and New Holland. On 29 September 2013, CNH Global combined with FIAT Industrial S.p.A., resulting in the formation of CNH Industrial N.V.
The company operated worldwide across five continents, encompassing engineering, manufacturing, marketing, and distribution activities. Its business was segmented into agricultural machinery, construction equipment, and financial services.
By late 2012, CNH maintained 37 production plants globally and distributed its products in approximately 170 nations via about 11,500 dealers and distributors.
Notable milestones include:
- 1999: CNH established through the merger of Case and New Holland
- 2000: Purchase of Canadian agricultural equipment manufacturer Flexi-Coil Ltd.; Paolo Monferino appointed as CEO
- 2001: Entered global alliance with Kobe Steel and Kobelco to enhance crawler excavator offerings; expanded presence in Japan and Asia Pacific markets
- 2002: Formed Shanghai New Holland Agricultural Machinery joint venture in China; launched FIAT Kobelco Construction Machinery; partnered with BNP Paribas Lease Group for retail financing across Europe
- 2005: Unified non-Case construction brands under New Holland Construction in Europe and Latin America; Harold Boyanovsky named CEO
- 2006: Sergio Marchionne assumed role as Chairman
- 2007: Established strategic partnership between Case Construction Equipment and Hyundai Heavy Industries focusing on select wheel loaders
- 2010: FIAT announced separation of CNH, IVECO, and FIAT Powertrain Industrial & Marine from automotive division to create FIAT Industrial; initiated strategic alliance with KAMAZ targeting Russian production and sales
- 2011: CNH integrated into FIAT Industrial S.p.A. effective from January 1
- 2012: Richard Tobin appointed President and CEO
FIAT Industrial
FIAT Industrial S.p.A. was an Italian corporation formed in 2011 following the spin-off of most non-automotive operations from FIAT S.p.A.. It functioned as a holding entity for truck manufacturer IVECO, held an 89.3% interest in agricultural and construction equipment maker CNH Global, and controlled FPT Industrial, which managed industrial and marine powertrain activities previously part of FIAT Powertrain Technologies. The Chairman was Sergio Marchionne, who also led FIAT S.p.A. and Chrysler Group LLC (now merged as FIAT Chrysler Automobiles).
On 1 January 2011, each share of FIAT S.p.A. was converted into one share of FIAT plus one share of FIAT Industrial. Exor (under the Agnelli family control) retained close to a 30% stake in both entities. Exor explored possibilities for partial divestment of its holdings.
In September 2011, FIAT Industrial was recognized as a leader in the Industrial Engineering sector by inclusion in the DJSI World and Europe indexes.
On 29 September 2013, FIAT Industrial merged with CNH Global N.V., creating CNH Industrial N.V., registered in the Netherlands. Shareholders of FIAT Industrial received one share of CNH Industrial for each held share, while CNH Global shareholders obtained 3.828 shares of CNH Industrial per CNH Global share. Subsequently, CNH Industrial N.V. was listed on both the NYSE and Milan stock exchange (Mercato Telematico Azionario).
CNH Industrial
- 2013: On September 30, CNH combined with its parent company FIAT Industrial S.p.A., resulting in the creation of CNH Industrial N.V.
- 2014: The company secured a licensing partnership with Sumitomo (S.H.I.) Construction Machinery and completed the acquisition of Miller-St. Nazianz, Inc.
- 2016: CNH expanded by acquiring Kongskilde Agriculture and formed a strategic exclusive alliance with Hyundai Heavy Industries for mini-excavators.
Brands
- Case Construction
- Case IH
- New Holland Agriculture
- New Holland Construction
- Steyr
- Miller
- Raven
- Hemisphere
- Flexi-Coil
- Eurocomach