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CNH Industrial N.V. (symbol: CNHI) is a global leader in the capital goods sector, renowned for its extensive industrial experience and a wide array of products. The company boasts a significant presence worldwide, with each of its brands being a major international force within their specific industrial sectors. CNH Industrial's brands include:
- Case IH, New Holland Agriculture, and Steyr for tractors and agricultural machinery
- Case and New Holland Construction for earth moving equipment
- Iveco for commercial vehicles
- Iveco Bus and Helieuz Bus for buses and coaches
- Iveco Astra for quarry and construction vehicles
- Magirus for firefighting vehicles
- Iveco Defence Vehicles for defence and civil protection
- FPT Industrial for engines and transmissions
Recently, CNH Industrial has achieved notable milestones. Case IH launched the new Axial-Flow Series 160 Automation in Brazil, incorporating advanced artificial intelligence for improved productivity. New Holland celebrated 60 years of its tractor factory in Basildon, England, by unveiling a special edition tractor and reinforcing its role as the Alternative Fuels Centre of Excellence. Furthermore, CASE presented an eco-friendly compact crawler tractor and a new wheel loader version at the M&T Expo 2024, emphasizing sustainability and efficiency.
Financially, CNH Industrial is robust, continuously investing in innovations and infrastructure, which is evident in the recent R$100 million investment in the Sorocaba plant in Brazil. The company also focuses on workforce training and technological advancements to maintain its competitive edge. Partnerships with local and international entities ensure that their products are always at the forefront of technology and efficiency.
In terms of environmental sustainability, CNH Industrial has made significant strides. The company supports World Environment Day and participates in initiatives to combat land degradation, desertification, and drought. The introduction of eco-friendly machinery, like the 100% electric mini excavators and the T6.180 Methane Power tractor, highlights their commitment to sustainability.
For more detailed information about CNH Industrial and its operations, visit their corporate website at www.cnhindustrial.com. For career opportunities, check their LinkedIn profile or the careers section on their website.
On January 18, 2023, CNH Industrial announced a minority investment in US ag tech company EarthOptics through its Ventures arm. This investment is part of EarthOptics' Series B funding round and aims to enhance their proprietary soil sensing technology, which measures soil health and structure using various advanced methods. The funding will help improve the technology's capabilities and expand collaboration with service providers. In 2023, CNH plans pilot testing of this technology under the Case IH brand, aiming to advance tillage automation and agronomic insights for farmers.
CNH Industrial introduced innovative automation and autonomy solutions at its Tech Day in Phoenix, Arizona. Key offerings include the Driverless Tillage and Driver Assist Harvest solutions, which enhance farm productivity while addressing labor shortages. The Driver Assist Harvest Solution optimizes grain unloading efficiency, while the Driverless Tillage employs remote operation for precise farming. Additionally, Baler Automation uses LiDAR technology for improved baling operations. These advancements are part of CNH's broader Ag Tech strategy aimed at sustainable farming practices.
Case IH and New Holland, brands of CNH Industrial, received accolades at the 2022 Good Design Awards for innovative agricultural equipment. The Case IH Patriot 50 series sprayer enhances operational efficiency with advanced connectivity and spray technology. New Holland's Straddle Tractor Concept, designed with Pininfarina, meets the needs of narrow vineyards and showcases electric traction. The TK4 Methane Power vineyard crawler tractor emphasizes sustainability with its biomethane engine. These awards underline CNH Industrial's commitment to excellence in design and innovation for agriculture.
On January 11, 2023, CNH Industrial's agricultural brands, Case IH and New Holland, received four prestigious 2023 ASABE AE50 awards. Case IH was honored for the Early Riser 2150S Front-Fold Split-Row Planter and New Steiger Series Tractor Three-Point Hitch system, which enhance efficiency and productivity. New Holland's Guardian Front Boom Sprayer and Pro-Belt Series Variable Chamber Round Balers were also recognized for innovative features that optimize agricultural operations. These accolades reflect the company's commitment to innovation and customer-focused design.
CNH Industrial introduces the New Holland T7 Methane Power LNG Pre-Production Prototype through its partnership with Bennamann to promote clean energy solutions in agriculture. This innovative tractor aims to enhance energy independence for farms and reduce CO2 emissions significantly, with the potential equivalent reduction for a 120-cow farm being compared to 100 households. The pilot project, initiated in Cornwall, UK, utilizes advanced biogas capture technology to convert cow manure into biomethane, which is used for vehicles and electricity, contributing to sustainability and environmental benefits.
CNH Industrial launched a successful straw management initiative in Kallar Majri, Punjab, aimed at reducing pollution and increasing yield among local farmers. Established in 2016, the program eliminated stubble burning within its first year, generating new income through straw sales for renewable energy. By October 2022, the initiative celebrated its five-year milestone, expanding to ten additional locations with eight more under evaluation. The project underscores the company's commitment to sustainable agriculture, showcasing interviews with farmers who embraced this transformative technique.
CNH Industrial's brand New Holland Agriculture showcased its innovations at CES 2023 in Las Vegas from January 5-8. Partnering with Microsoft and Touchcast, they presented the T4 Electric Power tractor, featuring autonomous capabilities and a metaverse customer experience. This immersive platform allows potential buyers to interactively explore tractors in a digital showroom. The T4 Electric Power aims to reduce environmental impact, aligning with CNH's commitment to sustainable agriculture. The prototype was also highlighted at CNH's Tech Day in December 2022.
CNH Industrial has opened a new technical center in the Detroit Metro area to enhance its electrification capabilities. This facility aims to support innovation in electric vehicle technology and is strategically located near a hub for electrification OEMs and suppliers. The center complements an existing site in Modena, Italy, and emphasizes the company's commitment to alternative propulsion, backed by over 15 years of R&D experience. Key executives highlighted the importance of leveraging a skilled workforce to advance electrified drivetrains and high voltage systems.
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