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Tag: Case New Holland
Construction Equipment
Barry Ruffalo picked as new CEO for Astec Industries
Barry Ruffalo has been appointed the new president and CEO of Astec Industries, parent company of Roadtec and Carlson Paving. Richard Dorris, who will serve as interim CEO until Ruffalo starts his new job August 12, will return to serving as chief operating officer. Dorris has been interim CEO since January 21 when Benjamin G. […]
July 25, 2019
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
Construction Equipment
CNH Industrial sales drop 24% in 3Q as company posts $128 million loss
Across the board declines continued for CNH Industrial in the third quarter, leading the company to decrease its sales forecast for the rest of the year. The company, which manufacturers the Case and New Holland brands of construction and agricultural equipment, saw sales drop 24 percent during the quarter to $5.85 billion. Consequently, the company […]
October 29, 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
Business
New Holland taps Lieberman as new VP of North America
Bret Lieberman, a 25-year veteran of CNH Industrial is the next vice president for North America at New Holland equipment. “I am excited for this new opportunity to lead the brand as I have spent a significant portion of my career here on the New Holland campus,” Lieberman said in a statement. “I deeply understand the […]
July 2, 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
CNH board to hold final vote on Fiat Industrial merger July 23rd
CNH announced today that its Board of Directors will hold the final vote concerning the pending merger with Fiat Industrial on July 23. Fiat Industrial, which owns 87 percent of CNH’s outstanding shares has committed to vote in favor of the merger. The news comes about three and half months after CNH’s Board of Directors […]
June 4, 2013
Roadbuilding
New Road Products
New Power Equipment, Materials, and Supplies for the Road Market, including introductions for the World of Concrete are featured.
April 1, 2011
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