CNH Industrial NV - CNHI STOCK NEWS

CNH (NYSE: CNHI) will release its financial results for the Fourth Quarter and Full Year of 2023 on February 14, 2024. The company, known for its world-class equipment and services, focuses on Innovation, Sustainability, and Productivity. Its global and regional brands, such as Case IH, New Holland, and CASE, offer a wide range of agricultural and construction products. CNH has a history spanning over two centuries and continues to drive customer efficiency and success. The company's 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow and build a better world.

CNH Industrial's We Care, We Share program in Thailand demonstrates the company's commitment to giving back to farming communities. The program includes purchasing high-quality rice from local farmers to support charitable works, and donating essential items to the Foundation for Slum Child Care. Managing Director Mark Brinn emphasizes the company's dedication to volunteerism and community service.

CNH Industrial (NYSE: CNHI) launches a skill project in India to provide training and career opportunities for underprivileged young people in the construction industry. The initiative offers backhoe loader training and has successfully placed 177 young individuals into roles within the construction industry. The company's commitment to sustainability, innovation, and productivity is evident through its strategic direction, R&D capabilities, and investments that enable the success of its global and regional brands.

CNH IndustrialCase IH Launches AGXTEND, a Suite of Solutions for Digital Agriculture, Prioritizing Connectivity and Sustainability

CNH Ventures, the investment arm of CNH, is supporting the development of a compostable net wrap for bales in agriculture through an investment in the Canadian start-up Nature’s Net Wrap. The eco-friendly innovation aims to reduce waste, landfill use, and plastic contamination in agriculture, with an expected initial product launch in 2024. CNH Industrial (NYSE: CNHI) is a global equipment and services company with a focus on Innovation, Sustainability, and Productivity, providing strategic direction, R&D capabilities, and investments for global and regional brands.

The American Society of Agricultural and Biological Engineers (ASABE) has selected products from CNH brands, Case IH and New Holland, as 2024 ASABE AE50 winners. This recognition signifies the 13th time in the past six years New Holland has been acknowledged during the awards. The products awarded include the T6.180 Methane Power tractor and the T7.300 Long Wheelbase with PLM Intelligence™ from New Holland. For Case IH, the Steiger 715 Quadtrac, 2024 Steiger 425-645 tractors, AFS Furrow Command for Precision Disk Drills and toolbar lift system for 2120 Early Riser rigid trailing split-row planter were all recognized as well. The ASABE AE50 is a unique awards program, dedicated to honoring groundbreaking product advancements within the domains of agriculture, food and biological systems. The awards are presented by ASABE's Resource magazine, aiming to acknowledge the 50 most pioneering products introduced to the market annually across these sectors. A panel of expert engineers meticulously selects the winners, using criteria that emphasize innovation, engineering advancement and market impact as the key criteria. This victory highlights CNH's continuous focus on technological innovation and dedication to make farming more efficient, effective, and sustainable across the globe.

CNH Industrial's Córdoba plant in Ferreyra recently conducted an afforestation day where over 50 families planted 200 trees, part of a long-term plan to create a private nature reserve. The project aims to positively contribute to the local ecosystem and minimize environmental impact. The plant also has an Ecological Island that recycles waste generated in manufacturing, donating the products to non-governmental entities or as gifts. In 2023, the plant recovered 1,170 tons of wood, 68 tons of cardboard, and 5.4 tons of bottles. CNH and its brands are committed to sustainability and ESG, aiming to continue their forestry plan in 2024.

CNH's global agriculture brands, Case IH and New Holland, have been honored with four Good Design Awards for their product designs. The designs include the world's most powerful tractor, a fully electric tractor, an AI and machine learning integrated flagship combine, and an all-electric utility tractor. The designs were recognized by the Chicago Athenaeum Museum of Architecture and Design and Metropolitan Arts Press Ltd. This recognition highlights CNH's commitment to innovation and sustainability in the agriculture and construction equipment industry.

CNH announces a €150 million investment in its Harvesting Center of Excellence in Zedelgem, Belgium, to further develop and produce the new CR11 flagship combine harvester. The investment plan will result in a completely redesigned assembly line and logistics area, integrating new testing stations and wireless automated systems, enhancing manufacturing flexibility and high-tech capabilities. The company received support from the Flemish Government's Flanders Innovation & Entrepreneurship Agency, advocating for innovation projects in the region. The new CR11 was awarded a gold innovation medal at Agritechnica, and its production in Flanders is expected to have a significant impact on employment, investment, and knowledge development in the region. CNH's commitment to excellence in the specialized equipment sector demonstrates its ability to constantly innovate for the benefit of farmers worldwide.