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Tag: CNH: Page 3
Business
CNH reports increased first-quarter profits and sales despite sharp decline in construction equipment
Equipment manufacturer CNH Global announced its first-quarter financial results this morning with the positive news of increases in both sales and operating profits. During the first three months of the year, CNH saw sales of $4.7 billion, an increase of 1 percent over the $4.64 billion the company reported last year at the same time. [âŚ]
April 30, 2013
Business
Kobelco moves into temporary North American headquarters in Houston
The doors to Kobelco Construction Machinery USA new, albeit temporary, home in Houston, Texas have officially opened. Following the end of a 10-year agreement with CNH this past December, Kobelco will begin directly marketing its excavators in the U.S. and in Canada. Kobelco is in the process of building a custom HQ and manufacturing facility in [âŚ]
April 12, 2013
Gear
GEAR: 1955 Mercedes-Benz 404 Unimog is a piece of constructionâs past and present
This 1955 Mercedes-Benz 404 Unimog is one of the cooler vintage vehicles weâve stumbled upon. This one in particular is the fourth that rolled off the assembly line in 1955 and is located in Orange County, California. The 404 Unimogs were built to be cross-country trucks and judging by the sellerâs description it accomplishes that [âŚ]
March 27, 2013
Business
CNH Board of Directors approves merger plan with Fiat Industrial
The CNH Global board of directors have approved the companyâs merger plan with Fiat Industrial. The board met February 25 and approved the plan for merging into a NewCo with and as a subsidiary of Fiat. The merger was initially agreed to by CHN back in November. NewCo is a name typically given to startups or merged companies before [âŚ]
February 27, 2013
Construction Equipment
Marketplace: February 2013
February Editorâs Pick: Capable Crawl Handle a range of site prep applications including landclearing and grading with Komatsu Americaâs D37-23 and D39-23 crawler dozers. Powered by a Tier 4 Interim Komatsu engine, the 220-rpm dozers offer a fuel savings of up to 10 percent compared to previous models. The dozers deliver 80 and 105 horsepower, [âŚ]
February 4, 2013
Business
CNH sales increase 8 percent in 2012 despite dip in construction sales
CNH Global announced today that it saw sales increase 8 percent in 2012 to $19.4 billion â no thanks to construction equipment. Construction equipment sales dipped 3 percent to $3.8 billion. Picking up the slack was agricultural equipment sales which were up 10 percent to $15.7 billion. The breakdown of net equipment sales finished at [âŚ]
January 31, 2013
Technology
CNH Parts & Service launches My Yard app
North American customers of CNH can now find and order parts from the CNH Parts & Service smartphone app, My Yard. The fleet management app allows equipment owners to manage, organize and store equipment data online, including creating pick lists for specific equipment models that they can submit to their dealer from their phone. The [âŚ]
January 11, 2013
Business
CNH, Kobelco end agreement
CNH and Kobelco Construction Machinery (owned by Kobe Steel) are âunwindingâ their joint ownership and equity positions in all companies and eliminating any geographical exclusivities, both companies have announced. CNH says it will continue to manufacture excavators incorporating Kobelco technology at its plants in Calhoun, Georgia; Italty and Brazil, and source select models such as [âŚ]
December 27, 2012
Business
Fiat Industrial, CNH reach merger agreement
Fiat Industrial and CNH Global have reached a merger deal that will allow Fiat to absorb the remaining 12 percent of the equipment maker that it doesnât currently own. Under the terms of the transaction, Fiat and CNH will merge into a new company known as NewCo based in the Netherlands and listed on the [âŚ]
November 28, 2012
Home
Fiat Industrial suggests merger with CNH
CNH Globalâs Board of Directors received a proposal from Fiat Industrial regarding a combination transaction between the two companies that would form a combined holding company. The proposed merger was suggested in a letter sent on May 30 by Sergio Marchionne, chairman of Fiat Industrial S.p.A., to the Board of Directors of CNH. The Board [âŚ]
June 5, 2012
Business
CNH announces new hires
CNH Global has promoted Mario Gasparri and Franco Fusignani to the positions of CNH Construction Equipment president and CNH International general manager, respectively. Gasparri, who currently serves as general manager, will replace James McCullough as president of the company on April 1, when McCullough retires. Gasparri has served as general manager of CNH International since [âŚ]
March 1, 2012
Equipment Experts
Machine Matters
Where Small is Big Looking for a compact excavator? Thereâs no shortage of choices and options on the market By Mike Anderson For equipment considered foreign to North American contractors not much more than a generation ago, the compact excavator has become a mainstream part of their fleets. Within the 3.0- to 6.0-metric-ton range alone, [âŚ]
January 27, 2012
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