Tag: CNH Industrial: Page 3

Dealers

CNH Industrial profit up in 2Q despite sales dip

Despite a 3-percent decline in net sales for the second quarter, CNH Industrial saw profit increase 5 percent largely due to strong performance in the company’s agricultural, commercial vehicle and powertrain segments. CNH, makers of Case and New Holland heavy equipment, reported total revenues of $6.7 billion and a net profit of $129 million. “Our […]

August 2, 2016

Business

CNH Industrial sales drop 20% in 2015 as profit is cut in half

An expanding European truck market was the lone bright spot in CNH Industrial’s full-year earnings report for 2015 as sales across each of the company’s segments fell. The company, manufacturer of the Case and New Holland brands of have equipment, reported fourth quarter sales of $7.1 billion, down 15 percent from the previous year. However, profit […]

February 3, 2016

Business

CNH Industrial cuts 100 workers across 2 plants

CNH Industrial has announced that it will lay off 100 full-time workers across two manufacturing facilities. According to a report from NBC Nebraska, the construction and farm equipment manufacturer will lay off 70 workers at its Grand Island facility. The report says the indefinite layoffs will likely take effect in October. Valley News Live reports […]

August 28, 2015

Dealers

Case donates backhoe to community college and more in the latest Dealer and Manufacturing News Roundup

CNH Industrial and Case donate backhoe to Southeastern Community College CNH Industrial and CASE Construction Equipment’s Burlington, Iowa, plant donated a CASE 580N backhoe loader to Southeastern Community College. The college’s Construction Technology and Agriculture programs will use the backhoe for student training and instruction as well as special class projects. It will also be […]

August 24, 2015

Business

CNH Industrial sales fall 10%, profit plummets in 2Q

CNH’s continued struggles with the global agricultural slowdown continued in the second quarter, compounded by decreased construction equipment sales. The company, manufacturer of the Case Construction and New Holland equipment brands, reported sales and revenues of $7 billion, down 10 percent from the same period in 2014. Profit plummeted 236 percent to $122 million. For the […]

August 4, 2015

Construction Equipment

New Holland launches 4 C Series backhoes with Auto Glide Ride loader control (PHOTOS)

Boasting new engines and a ride control technology previously reserved for the company’s wheel loaders, New Holland Construction has introduced its C Series lineup comprised of 4 backhoes and a tractor loader. The B95C, B95C TC and B95C LR are powered by a 97-horsepower engine, while the B110C backhoe boasts a 110-hp engine. The U80C tractor […]

May 5, 2015

Technology

Improved telematics on Case and New Holland equipment will use Quake QPro modems

CNH Industrial has announced that it has selected Quake Global’s QPro modem as part of its enhanced SiteWatch telematics service on Case construction equipment. CNH announced last week both SiteWatch and New Holland’s Fleet Force telematics would soon gain satellite connectivity to continue transmitting machine data even when operating on jobsites outside of cellular networks. Quake’s […]

March 10, 2015

Business

CNH Industrial to lay off more than 200 factory workers at Nebraska, North Dakota plants

CNH Industrial has confirmed indefinite layoffs at two plants in response to, “market conditions,” as the farm and construction equipment manufacturer continues to deal with a global agricultural slowdown. According to a report from KFGO AM, CNH will lay off 80 full-time workers at its Fargo, North Dakota, plant, while the Grand Island (Nebraska) Independent reports […]

March 1, 2015

Business

Sales fall again in 4Q as CNH Industrial posts 14% profit decline for 2014 on slumping farm demand

It wasn’t nearly as bad as the third quarter, but the fourth certainly wasn’t much better for CNH Industrial which saw sales declines across all equipment and vehicle segments. Sales for the company, makers of the Case Construction and New Holland equipment brands, fell 10 percent during the quarter to $8.4 billion. Despite the drop […]

January 29, 2015

Business

Turnaround in construction equipment sales lone 3Q highlight as CNH Industrial profit plummets 113%

Following a second quarter where profit increased despite sales declines, CNH Industrial did not fare nearly as well in the third, as sales and revenues fell again and profit has plummeted year-over-year. CNH Industrial, makers of the Case Construction and New Holland equipment brands, saw profit fall 113 percent during the third quarter from the […]

October 31, 2014

Business

Case to move M Series dozer production to Burlington, Iowa plant in $24 million expansion

Case Construction Equipment has announced that it plans to move production of its M Series crawler dozers to Burlington, Iowa, following an expansion of a plant there. The dozers are currently being made at a plant in Calhoun, Georgia. In late June, Case’s parent company CNH Industrial announced that the Calhoun plant would be closing in […]

August 5, 2014

Business

CNH Industrial profit up 10% despite sales declines in construction and ag equipment

A slight increase in revenues boosted profit 10 percent at CNH Industrial during the second quarter of the year as sales gains in the company’s powertrain segment offset decreases in both construction and agriculture equipment. CNH, makers of the Case Construction and New Holland equipment brands, saw revenues rise to $8.9 billion, up 0.9 percent from the […]

August 4, 2014