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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.
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With prototypes of his new engine completed, Zimmerman, now wished to manufacture and sell his new engine. To do this he needed to incorporate and take on some new investors. Accordingly, Zimmerman raised $50,000 by selling 500 shares in the new company to his neighbors. [10] Thus, in 1903, the New Holland Machine Company was born.
In 1839, the last land in Western New York was sold off to local investors and settlers, and the Batavia office was closed. [2] Land sales in Pennsylvania were concluded in 1849, [7] and in 1856, the Philadelphia headquarters closed. [2] The company was formally dissolved in 1858. The town of Holland, New York was named after the company. [29]
New Holland is located in eastern Lancaster County at (40.102095, -76.087646 The municipality is an enclave of Earl Township. Pennsylvania Route 23 passes through the borough as Main Street, leading east 11 miles (18 km) to Morgantown and west 14 miles (23 km) to Lancaster, the county seat.