The ongoing global shortage of semiconductor chips has created difficult times for farm machinery makers, but there may be light at the end of the tunnel. CNH Industrial CEO Scott Wine says equipment makers, such as the company’s Case IH and New Holland brands, still have some tough months ahead and are “probably nine months… Read More
Tag: Scott Wine
CNH Industrial has reached an agreement to acquire Raven Industries for US$2.1 billion, in a move to enhance CNH’s position in the areas of autonomous and precision agriculture technology. The deal would see the parent company of Case and New Holland acquire 100 per cent of the capital stock in Raven for US$58 per share…. Read More