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File photo from CNH-owned FPT Industrial’s Bourbon-Lancy engine manufacturing plant in eastern France. (Photo courtesy CNH Industrial)
Crops, Machinery, Reuters

CNH to temporarily shut several plants in Europe

Eight-day shutdown due to supply disruptions

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Reuters — Italian-American vehicle maker CNH Industrial said Wednesday it will temporarily shut several of its European agricultural, commercial vehicle and powertrain manufacturing facilities due to the disruptions of procurement of components, including semiconductors. The maker of farm machinery, Iveco commercial vehicles, construction equipment and powertrains plans to shut the concerned plants for eight working […] Read more
Two Raven OMNiPower (formerly DOT) machines at work in the field. (RavenPrecision.com)
Crops, Machinery

CNH to buy Raven Industries

Heavy equipment maker to pay US$2.1 billion for precision ag firm

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The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based Raven Industries for about US$2.1 […] Read more
Raven is rebranding the DOT autonomous system, shown here, under the name OMNiPower. (Raven Precision video screengrab via YouTube)
Crops, Machinery

DOT, AutoCart autonomous equipment lines rebranded

Parent firm Raven Industries' products tied to new brand

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U.S. precision agriculture equipment firm Raven Industries has set up a unifying brand for its acquired product lines, including the Canadian-born DOT autonomous field tool system. South Dakota-based Raven on May 12 launched the OMNi brand for its autonomous platform, rebranding DOT as OMNiPower and the AutoCart system as OMNiDrive. All of Raven’s intelligent autonomous […] Read more
(LakelandCollege.ca)
General, Machinery

Alberta’s Lakeland to offer ag tech degree

College to launch first-in-Canada program in September

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East-central Alberta’s Lakeland College is set to offer what’s billed as Canada’s first degree program in agriculture technology, as a two-year post-credential program, starting in September. The program, announced Wednesday, will consist of full-time studies at Lakeland’s campus at Vermilion, about 180 km east of Edmonton, plus “experiential learning practicums” off campus, en route to […] Read more
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Crops, Machinery, Reuters

CNH to work with Microsoft, Accenture on ‘smart’ vehicles

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Milan | Reuters — CNH Industrial has set up a five-year collaboration with Microsoft and Accenture to help it to develop “smart” and connected industrial vehicles, the Italian-American vehicle and equipment maker said on Monday. The programme, part of CNH Industrial’s digital transformation plans, is expected to help the group “achieve significant revenue growth,” the […] Read more
File photo of Rocky Mountain’s dealership at High River, Alta. (Country Guide photo by Scott Garvey)
Crops, Machinery

Equipment dealer chain Rocky Mountain to go private

Publicly traded CNH dealer's top brass make offer

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Canada’s biggest farm equipment dealership chain has made a deal to take itself private after almost 13 years on the TSX. Rocky Mountain Dealerships (RME) announced Monday it has an agreement in place with a numbered Alberta company controlled by CEO Garrett Ganden and board chairman Matthew Campbell, for 100 per cent of RME at […] Read more
An OFX widget is now available for farmers perusing AgDealer’s online listings. (GFM staff photo)
General, Machinery

AgDealer plugs into forex service provider

Listing site to offer currency exchange service on cross-border purchases

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Farmers buying used iron internationally by way of AgDealer are getting access to what’s billed as a lower-cost option to handle the currency exchange. AgDealer, Canada’s largest used farm equipment shopper publication and online listing platform, announced a partnership Tuesday with OFX Group, an Australian-based online currency exchange provider. Farmers, distributors and buyers outside of […] Read more
Suzanne Heywood. (CNHIndustrial.com)
Crops, Machinery, Reuters

CNH Industrial replaces CEO, sticks with spinoff plan

Chairman Suzanne Heywood becomes interim CEO; CFO also leaving

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Updated, March 24 — Milan | Reuters — The chief executive of CNH Industrial is leaving with immediate effect, the industrial vehicle maker said on Monday, less than two months after a profit warning. CNH said board chair Suzanne Heywood would replace Hubertus Muhlhauser as CEO until a permanent replacement was found. A source close […] Read more

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