CNH, Deere Announce Layoffs
Deere plans to lay off 42 workers in Waterloo, Iowa. The Case New Holland plant in Fargo, N.D. is laying off 35 people.
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CNH Industrial Acquires AgDNA
CNH Industrial has agreed to acquire AgDNA, a farm management information systems company. In other news, the company announced it plans to split into two distinct off-highway and on-highway business segments.
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acquisition will enable CNH Industrial’s customers, and those of third party agricultural machinery, to benefit from AgDNA’s single point data integration, mapping and analytical tools.
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Ag Sales Decrease at CNH
Net sales for the agriculture division of CNH Industrial decreased. The company noted that trade tensions remain unresolved and recent weather events in North America, Australia and Northern Europe have negatively affected the industry.
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