CNH Global
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| CNH Global N.V.
<tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;"> | |
| Type | Public (NYSE: CNH) |
|---|---|
| Founded | 1996 |
| Headquarters | Amsterdam, the Netherlands
<tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>Sergio Marchionne, Chairman |
CNH Global N.V. (short for Case-New Holland; NYSE: CNH-ADR's) is the second largest manufacturer of agricultural equipment and the third largest maker of construction equipment in the world. Based in Amsterdam, Netherlands, in the most recent year it produced $11,545 million in revenues, and is 91% owned by Fiat.
CNH Global's main competitor in the agriculture market is Deere & Company, while it is behind CAT (#1) and Komatsu (#2) in the construction arena.
Farm implements include: attachments and loaders for tractors, commercial and residential mowers, harvesters, hay balers, planting and seeding equipment, sprayers, tillage equipment, and tractors, and account for around 70% of sales. The company makes a wide range of construction machinery including: articulated trucks, backhoe loaders, crawler loaders, directional drills, dozers, excavators - wheeled and crawler, forklifts, graders, skid steer loaders (miniloader), telescopic handlers, and wheel loaders. CNH sells its products through 12,000 dealers and distributors in 160 countries. It also receives a portion of its revenue from its CNH Capital division, which provides capital lending to equipment buyers in Canada and the United States.
CNH has 31 factories in 16 countries, including two each in China and India, one in Uzbekistan, and 12 in the United States. It also has 26 research and development (R&D) centers in 12 countries.
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[edit] Planted seeds
The combined companies of CNH Global have a strong and rich, 170-year, tradition in the manufacture of agricultural equipment.
The combined company traces its International Harvester (IH) roots back to 1830s, and Robert McCormick in Virginia developing his mechanical reaper. The McCormick Harvesting Machine Company, formed in Chicago, 1848, with Cyrus H. McCormick, Robert's son, as its leader. It would become International Harvester in 1902 after a merger with the Deering Harvester Company.
While the McCormick’s were building IH, Jerome Increase Case was also forging ahead with Racine Threshing Machine Works in 1842, in Racine, Wisconsin. J. I. Case’s wooden thresher would bring a ten-fold increase, over hand thresher, to grain production. In 1869 Case produced a belt-driven steam-boiler thresher; this innovation would lead the company to become the larger maker of steam engines by 1886.
Steyr was founded in 1864 Austria by Josef Werndl to make bicycles. In 1915 Steyr rolled out its first tractor, and the popular 180-model was introduced in 1947. The company introduced the first crop loader and the first four-wheel drive tractor in the 1960s.
Alexandre Braud built a stationary thresher in 1875, in Loire-Atlantique region of western France. Braud was born and a factory constructed in Saint Mars-La-Jaille, France in 1898, then moved to Coex. It produced the first grape harvester in 1975, the model 1020, and then the legendary model 1014 in 1979.
New Holland, Pennsylvania was the site that gave its name to the company founded by Abe Zimmerman in 1895, the New Holland Machine Company. In 1899 Zimmerman rolled-out his portable feed mill, the first freeze-proof cylinder tank engine came in 1901, and the first stone crusher was unveiled in 1910.
CNH also includes the tractor businesses of both Fiat and Ford Motor Company; the combination of threshing machine maker Werkhuizen Leon Claeys, founded by Leon Claeys in 1906; and Emerson and Kenneth Summach's Flex-Coil, founded in 1952 to produce the coil packer, which is used in the seeding process.
[edit] Brands
- Agricultural:
- Case IH (a combination of Case and the old International Harvester farm implement company)
- New Holland Ag
- Steyr (Europe)
- Construction:
- Case CE (construction equipment)
- New Holland Construction
- Kobelco (excavators)
[edit] Subsidiaries
- CNH Capital America LLC
- New Holland North America
- Kobelco Construction Machinery America LLC
