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CNH Industrial N.V. is an American-Italian multinational corporation [4] with global headquarters in Basildon, United Kingdom, [5] [6] but controlled and mostly owned by the multinational investment company Exor, which in turn is controlled by the Agnelli family.
Roughly 15 months after CNH Industrial workers and the company came to an agreement to end a long strike in Racine County, the company has slashed the work force by about one third.. Between 200 ...
Case IH history began when, in 1842, Jerome Case founded Racine Threshing Machine Works on the strength of his innovative thresher. In 1869 Case expanded into the steam engine business and, by 1886, Case was the world's largest manufacturer of steam engines.
The company evolved into the Case Corporation, which merged with New Holland in 1999 to become CNH Global which in 2011 became CNH Industrial. [3] 2005: Case made its 500,000th backhoe loader and in 2010 made its 250,000th skid steer loader. [8] [3]
CNH Industrial's (CNHI) third-quarter 2021 results are likely to reflect the negative impact of the global supply crunch and rising commodity, freight, and logistics costs.
In 1999, Case LLC merged with New Holland Agriculture to form CNH Global, a Fiat Group division, which has since been demerged into a corporation that is majority-owned by Fiat Industrial. The name Case lives on in two CNH brands: Case CE (from "Construction Equipment"), which is the world's third largest brand of construction equipment, and ...
On 1 January 2022, CNH Industrial executed a spin-off of its on-highway activities, creating Iveco Group N.V., the new holding company for Italian truck manufacturer Iveco, which was listed on Borsa Italiana. [53] As a result, Exor became the leading shareholder of the new entity, with a 27% stake and 42% of voting rights.
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