CNH INDUSTRIAL N.V. Stock Price, News & Analysis

Titan International (NYSE: TWI) has announced a three-year agreement with CNH Industrial (NYSE: CNHI) to supply farm wheels and tires, which is valued at approximately $400 million. This contract will involve manufacturing in Titan's North America, South America, and European plants. CEO Paul Reitz emphasized the significance of the long-standing relationship between Titan and CNH, highlighting the intention to deliver innovative products for diverse applications globally.

Raven Industries is expanding its facilities in Arizona and South Dakota to enhance its agricultural technology capabilities. The new engineering center in Scottsdale, Arizona, will facilitate close collaboration with Arizona State University for talent acquisition and product testing. This expansion supports the integration of Raven's technologies with CNH Industrial platforms. The company aims to improve autonomous solutions in agriculture, illustrated by the recent launch of the OMNiPOWER™ 3200 system, enhancing operational efficiency for farmers.

CNH Industrial (NYSE: CNHI) has opened a new engineering center in Scottsdale, Arizona, aimed at advancing its Raven precision agriculture technology business. This facility will accelerate developments in AI, machine learning, and data science. The company also plans to invest in expanding Raven’s existing Innovation Campus in Baltic, South Dakota. Both sites will enhance engineering talent and foster innovation for Case IH and New Holland Agriculture brands. These investments align with CNH Industrial's commitment to deliver cutting-edge technology to its customers.

On March 23, 2022, CNH Industrial (NYSE: CNHI) received a ‘Lifetime Achievement Trophy’ from Flanders Investment & Trade, honoring its commitment to investment in the Flanders region. The ceremony, attended by government officials, celebrated CNH's long-standing operations and significant contributions since 1906. The Zedelgem and Antwerp facilities employ over 4,100 people and focus on R&D and manufacturing. CNH plans continued investment and recruitment to enhance its operations, contributing to regional job growth and innovation.

Raven Industries has launched the OMNiPOWER™ 3200, enhancing its autonomous power platform for agriculture. The new model features a Tier 5 engine, improved hydraulics, and better serviceability, allowing farmers to operate multiple tasks autonomously. Showcased at Commodity Classic, these innovations reflect Raven's commitment to advancing farm automation and fulfilling the growing global food demand. The model is expected to drive higher adoption of their technology, making farming operations more efficient and practical.

CNH Industrial (NYSE: CNHI) has launched its new India Technology Center (ITC) in Gurugram, enhancing its R&D capabilities in digital solutions and product development. Operational since March 2021, the ITC features advanced facilities like a virtual reality lab and innovation center. With over 100 employees, the Center is set to bolster CNH's global projects by leveraging India's skilled workforce. CNH Industrial has invested significantly in India’s agricultural and construction sectors over the past decade, aiming to position the country as a technology hub.

On March 4, 2022, CNH Industrial (NYSE: CNHI) announced a $500,000 donation to support Ukrainians affected by the ongoing crisis. The donation will be deployed through NGOs providing direct assistance. Additionally, CNH Industrial will create a global fund for employee contributions, matching them dollar for dollar. CEO Scott W. Wine expressed condemnation of the violence in Ukraine and emphasized the safety of employees in the region, where CNH Industrial has 38 staff currently receiving support.