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CNH Industrial N.V.
Company typePublic (NV)
IndustryAgricultural machinery, Construction equipment, Financial services
FoundedNovember 12, 1999; 26 years ago (1999-11-12) (merger of Case Corporation and New Holland)
Headquarters
Basildon
,
United Kingdom
Area served
Worldwide (180 countries)
ProductsAgricultural machinery, construction equipment, financial services
OwnerExor (majority shareholder)
Number of employees
63,000+ (2019)
Websitewww.cnhindustrial.com

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

External links