During his career with CNH, Derek has held a range of leadership positions, making major contributions to manufacturing, the former commercial vehicles division, the EMEA region, also serving for a time as interim CEO. For the past six years, he has overseen the transformation of CNH’s agricultural business and its accompanying record performance. Derek has developed a strong team that will continue to place the needs of CNH’s agricultural customers at the center of the business as the company continues the development of the next generation of digitally enabled products.

“On behalf of the entire company, I would like to thank Derek for his years of unstinting dedication to CNH. His commitment to the development of outstanding, customer-focused products and his championing of constant improvement have been critical to the success of our continuing transformation. The entire CNH team wishes him every success with his future plans.”

said Suzanne Heywood, Chair of CNH.

Source: CNH Industrial

The post Derek Neilson to Step Down From His Role as Head of CNH’s Agricultural Segment appeared first on North America FarmQuip Magazine.

This prestigious acknowledgment was the culmination of research conducted in partnership
with the National Biodiesel Board and National Renewable Energy Lab (NREL) and focused
on different biodiesel blends and their effects on FPT’s latest North America product range.

In particular, the NBB-funded research involved a NEF six-cylinder engine certified to U.S. EPA Tier 4 Final, which was endurance-tested at the NREL lab in Colorado.

The final results, presented in Kansas City, showed positive results in FPT Industrial engines’ ability to operate with different biodiesel blends. The project also highlighted the need to approve similar projects in order to expand usage to further reduce the agroindustry’s dependence on fossil fuels.

“I am pleased to see that this partnership generated valuable data for our research and development activities. We also gained recognition in the industry for our efforts. This project really shows what’s possible when we leverage our external partnerships to push forward change in our industries together,”

comments Chris Walters, head of Regulatory Affairs Engine Emissions at CNH Industrial.

The post FPT Industrial Wins the “Researcher of the Year” Award for its Outstanding Impact on Biodiesel Research appeared first on North America FarmQuip Magazine.

The license agreement foresees the launch of a scalable, modular electrification platform focusing on low horsepower tractors. These will be developed across multiple product families in the coming years, using an agile process that continuously gathers farmers’ input to ensure we create industry-leading, differentiated solutions aligned to customer needs. This agreement also furthers CNH Industrial’s ongoing commitment to decarbonizing agriculture through alternative propulsion systems.

Electrification and machine automation are key tenets of CNH Industrial’s strategy to become an even stronger technology leader in agriculture and drive customer value. This mutually beneficial partnership enables CNH Industrial to enhance its internal electrification capabilities and develop and implement new electrified platforms faster. In turn, Monarch Tractor will be able to harness the benefits of CNH Industrial’s deep sector expertise in product, brand, distribution, and supply chain strength.

“We are confident that the new pathways provided by Monarch will rapidly strengthen our competitive position in sustainable precision farming. Their talented team, exceptional engineering acumen, and Silicon Valley R&D ecosystem will greatly enhance our digital capabilities. We look forward to working with Monarch to accelerate innovation in EV technology and expeditiously bring customer-valued, autonomous, fully electric solutions to the world’s farmers,”

said Scott Wine, Chief Executive Officer, CNH Industrial.

The post CNH Industrial Enters into Technology Licensing Agreement with Monarch Tractor appeared first on North America FarmQuip Magazine.

More than 71% of the outstanding shares of Raven voted, and of the shares that voted, over 99% voted in favor of the transaction with CNH Industrial.

Dan Rykhus, Raven President & Chief Executive Officer, said,

“We thank our shareholders for their strong support of this transaction. We look forward to working with the CNH Industrial team to close the transaction.”

The transaction is expected to close in the fourth quarter of 2021, subject to approval from the Committee on Foreign Investment in the United States (CFIUS) and acceptance by the Defense Counterintelligence and Security Agency (DCSA) of a signed commitment letter.

The final voting results will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission, after certification by Raven’s inspector of elections.

J.P. Morgan Securities LLC acted as financial advisor to Raven and Davis Polk & Wardwell LLP as its legal advisor.

Source: Raven Industries

The post Raven Industries Shareholders Approve Transaction with CNH Industrial appeared first on North America FarmQuip Magazine.

Monarch’s leading-edge electric tractor platform offers a unique combination of a fully electric powertrain with autonomous technologies. This is paired with a comprehensive agronomic and machine data management platform to deliver a complete technology ecosystem. This technology will provide professional agriculture producers the first-to-the-market offering in the sub-100hp segment, which lowers overall emissions, improves agronomic insights, and enhances safety.

“Monarch is pioneering tractor technology that incorporates electrification, autonomous use, and data management. These are three of the key pillars supporting sustainability, productivity, and profitability, both for CNH Industrial and for our farming customers. We are incredibly excited to work with Monarch to develop and deploy their ground-breaking technology ecosystem, which we believe has applicability across our entire Off-Road business. This partnership underscores our commitment to rapidly improving our alternative propulsion and precision farming portfolio while extending our world-leading sustainability credentials,”

said Scott Wine, Chief Executive Officer, CNH Industrial.

“Monarch Tractor is a 21st-century tool for the global farmer helping increase farm sustainability and efficiency. We share CNH Industrial’s commitment to supporting the sustainable development of agriculture and are excited about the partnership’s positive global impact on farm economics and sustainability,”

said Praveen Penmetsa, CEO, Monarch Tractor.

Source: Monarch Tractor

The post Monarch Tractor Recieves Minority Investment from CNH Industrial appeared first on North America FarmQuip Magazine.

CNH Industrial Reman and Sullair are excited to announce the new Sullair Certified Reman portable air compressor program for Case IH, Case Construction, New Holland Agriculture, and New Holland Construction dealers. Through the new program, CNH Reman will distribute Sullair Certified Reman whole goods to the CNH dealer network.

“This program brings tremendous value to our dealers that have existing compressed air units as they can now purchase them directly from CNH. For those dealers who don’t already have compressed air units, this program allows them to move into a new product line to service their existing customers or attract new customers,”

said Vaughn Henson, business development director at CNH Industrial Reman.

The Sullair Certified Reman program is a class-leading remanufacturing program with 14 remanufactured air compressor models and more than 3,000 units sold since 2013. This program also includes a better-than-new warranty – two years or 3,000 hours for engines and five years or 10,000 hours for air ends. Sullair Certified Reman portable air compressors feature OEM quality parts and strict testing that meets the same high standards as brand-new units. All units follow strict EPA compliance and have the same high level of performance as new units.

“This is an exciting time to be paired with an industry-leading name and reputation like CNH Industrial Reman. Sullair remanufactured compressors are industry-leading and bulletproof products—a perfect addition to supplement the CNH Industrial Reman product offerings,”

said Brian Waldo, director of remanufacturing for Sullair.

In addition to distributing Sullair portable air compressors through the new program, CNH Industrial Reman produces a broad range of remanufactured parts for agriculture and construction applications, leading to increased reliability and lower cost of ownership.

“It’s a powerful combination of leading OEM remanufacturing programs. Both partners have extremely high-quality standards and support their products with a better-than-new warranty on remanufactured parts,”

said Henson.

The post CNH Industrial Reman Announces Portable Compressed Air Program appeared first on North America FarmQuip Magazine.

The video was shot on location at the New Holland Agriculture facility in New Holland, Pennsylvania, USA. The opening panoramic scenes show the 15 acres of industrial hemp, which was planted at the brand’s on-site test farm for educational and analytical purposes. This test plot was used to provide valuable crop and soil data as well as a unique opportunity to study the crop cycle from planting to harvesting, which is the focus of this webisode.

New Holland Agriculture has been working with partners, the National Hemp Association and Penn State University, in a bid to raise awareness and educate producers about the benefits of this crop and its exciting potential for economic sustainability. The aerial footage of the hemp plantation gives an idea of the scale of this project and shows how New Holland products can be used throughout the entire cropping cycle. This is further testament to New Holland’s commitment to helping accelerate the return of hemp crops on farms across North America.

Through a series of interviews with experts from the National Hemp Association, Penn State University, and the New Holland brand itself, the video highlights some of the benefits, challenges, and opportunities associated with the campaign to turn this crop into a valuable commodity once more. CNH Industrial’s support of the evolving hemp industry is another demonstration of the Company’s commitment to promoting more sustainable agricultural practices.

Source: Case IH

The post CNH Industrial Supports the Growing Hemp Industry in North America appeared first on North America FarmQuip Magazine.

Case IH is launching updates to Puma series tractors — models 185, 200, 220, and 240 — to enhance efficiency, comfort, and convenience. From an updated hood with new styling to increased service intervals and enhanced drivability, the new features and advancements aim to improve the operator’s experience and boost productivity.

“Producers need more time to tackle the tough jobs on their operations, and this Model Year 2021 tractor lineup aims to help provide more uptime, more efficiency, and more comfort to make long days feel shorter,”

said J.E. Cadle, Case IH Maxxum, Puma, and Optum series tractors marketing manager.

“Puma series tractors deliver the right size and power to handle a wide range of applications. With these updates, our engineers used feedback from our customers to provide an enhanced operator experience and maximize productivity.”

Updates to the Model Year 2021 Puma series tractors include:

• Increased service intervals to maximize efficiency and uptime
• Redesigned hood with enhanced LED work lights to provide a uniformly lit work area, helping the operator safely tackle after-hour jobs
• Drivability improvements for the optional CVXDrive continuously variable transmission
• In-cab cool box feature for enhanced comfort
• Redesigned optional front hitch
• Low-mount wiper for maximum visibility in any conditions

Longer service intervals, efficient power

Helping producers achieve greater productivity with less fuel, Case IH Selective Catalytic Reduction (SCR) technology improves horsepower, engine responsiveness, fuel economy, and durability, all while lowering emissions. With the latest advancements, the Model Year 2021 Puma models 185, 200, 220, and 240 achieve longer service intervals without sacrificing production: 750 hours for engine oil and 1,500 hours for transmission fluid.

Cadle said:

“Not only will increased service intervals save producers time but also it helps keep maintenance costs down. With SCR technology, we’re able to maximize horsepower with better fuel economy.”

Enhanced drivability with CVXDrive

Available on Puma series tractors, CVXDrive continuously variable transmission provides intuitive operation and smooth, seamless power transfer through varying conditions without torque interruption. By selecting the target speed, the transmission automatically adjusts to deliver the desired speed to match load conditions. When equipped with CVXDrive, updated Puma models 185, 200, 220, and 240 incorporate several drivability enhancements, including:

• Greater customization to match transmission behavior with any job
• Smoother acceleration, deceleration, and shuttle behavior
• Finer drive pedal and MultiController sensitivity
• Cruise control pedal override
• MultiController low-speed safety lock and position detection

Updated Puma models 185, 200, 220, and 240 are now available to order. The model Year 2021 Puma 150 and 165 tractors with updates including longer service intervals and refreshed styling will be available in March 2021.

Source: Case IH

The post Case IH updates Puma series tractors appeared first on North America FarmQuip Magazine.

To help operators achieve high-efficiency application in challenging conditions, Case IH is launching the FA 1030 air boom applicator. Initially available for the Titan 4540 floater, this rugged applicator is built to carry more product, enhance productivity and deliver accurate application across changing terrain. The FA 1030 will be available for the Titan 3540 in July 2021.

With a rear-mounted 72-foot stainless steel boom and 350 cubic feet of struck capacity, the FA 1030 air boom applicator helps cover more ground. The ability to configure the FA 1030 to spread up to three products and up to 1,200 pounds per acre of total product at 10 mph further ensures maximized field efficiency. The FA 1030 also offers variable rate product application and left/right boom section control, giving operators the ability to optimize their product delivery.

Mark Burns, Case IH application equipment marketing manager, said:

“Not only do today’s operators demand application equipment that will help them cover more ground in less time, but they also need the flexibility and configurations to tailor their equipment, matching their customers’ needs and fields. This rugged applicator is built to carry more product and make the most of in-field time.”

The post Case IH presents FA 1030 Air Boom Applicator Boosts Productivity, Efficiency appeared first on North America FarmQuip Magazine.

Research report provided by Reports Monitor is a detailed study of the Farm Equipment market, which covers all the essential information required by a new market entrant as well as the existing players to gain a deeper understanding of the market. Farm Equipment Market report is divided in terms of regions, product type, applications –

The complete value chain, downstream and upstream essentials are carefully studied in this report. Trends that are impacting the market growth like globalization, growth progress, fragmentation regulation and ecological concerns are described. Farm Equipment market research report signifies technical data, raw materials, volumes, and manufacturing analysis. It explains which product has the highest penetration in which market, their profit margins, break even analysis and R&D status. The report makes future projections for prominent opportunities based on the analysis of subdivision of the market.

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The Major Manufacturers Covered in this Report:
John Deere, AGCO Corporation, CNH Industrial N.V,, Kubota Corporation, Mahindra & Mahindra, Alamo Group Inc., Zetor Tractors A.S, Bucher Industries, Class KGaA, Escorts Group, Exel industries, Netafim Ltd, Tractors and Farm Equipment Limited, 

Years that have been considered for the study of this report are as follows:

• History Year: 2015-2019
• Base Year: 2019
• Estimated Year: 2020
• Forecast Year: 2020 to 2025

Regional Segmentation:

• North America (United States, Canada, and Mexico)
• Europe (UK, Germany, France, Russia, and Italy)
• Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
• South America (Brazil, Colombia, Argentina, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)

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Additionally, the analysis also delivers a comprehensive review of the crucial players on the Farm Equipment Market along with their company profiles, SWOT analysis, latest advancement, and business plans.

The analysis objectives of the report are:

• To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
• To know the Farm Equipment Market by pinpointing its many sub-segments.
• To profile the important players and analyze their growth plans.
• To endeavor the amount and value of the Farm Equipment Market sub-markets, depending on key regions (various vital states).
• To analyze the Global Farm Equipment Market concerning growth trends, prospects and also their participation in the entire sector.
• To examine and study the Global Farm Equipment Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2025.
• Primary worldwide Global Farm Equipment Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
• To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

To conclude, the Farm Equipment Industry report mentions the key geographies, market landscapes alongside the product price, revenue, volume, production, supply, demand, market growth rate, and forecast, etc. This report also provides SWOT analysis, investment feasibility analysis, and investment return analysis.

Source: ReportsMonitor

The post Impact of Covid-19 on Farm Equipment Market 2020-2025 , John Deere, AgCo Corporation, CNH Industrial, ETC. appeared first on North America FarmQuip Magazine.