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New Holland is a global full-line agricultural machinery manufacturer founded in New Holland, Pennsylvania, and now based in Turin, Italy.New Holland's products include tractors, combine harvesters, balers, forage harvesters, self-propelled sprayers, haying tools, seeding equipment, hobby tractors, utility vehicles and implements, and grape harvesters.
Fiat Trattori S.p.A. was a Fiat group company founded in 1919, and was a constructor of agricultural equipment, tractors in particular. Over its decades of history, it established itself as Italy's leading constructor and one of the biggest in Europe; in 1991, it took over Ford-New Holland and adopted its name to increase its status on the world markets.
1919: Fiat starts production of Model 702 tractor 1964: New Holland buys a major interest in Claeys 1975: Braud launches the first grape harvester, model 1020 1980s: Fiat acquires Braud 1986: Ford buys New Holland and forms Ford-New Holland Inc. 1991: Fiat purchases 80 percent of Ford-New Holland and New Holland brand becomes a global full ...
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The first tractor developed by the new corporation was the Magnum. Introduced in 1987, the Magnum began production and the 94 series line was dropped. When Case IH bought out Steiger in 1986 they also continued the Steiger branding, and still do today. In 1996, Austrian tractor builder Steyr Tractor was purchased. Case IH Combine circa 2006.
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With the 1980s came an expanded line of four-wheel-drive tractors that stretched to 470 horsepower in the Versatile 1150. They entered the race to build the largest tractor in the world with "Big Roy", named after one of the founders, in 1977. Roy produced 600 HP on the draw bar. In 1987, Ford-New Holland bought Versatile. [3]