CNH Global NV—a leading agricultural and construction equipment business company—will build a new manufacturing plant for its Case IH and New Holland brand agricultural equipment in Harbin, China
The Illinois-based company estimated the initial investment for the 4.3-million sq. ft plant at US$90 million. The new facility will produce high horsepower tractors, combine harvesters and other machinery featuring advanced technology. With this investment, CNH will expand its manufacturing base in China, where it currently assembles high horsepower tractors and other agricultural equipment in Harbin, and operates a manufacturing plant dedicated to low and medium horsepower tractors in
President and CEO of CNH, Richard Tobin, said, “China is a very important market for us and we strongly believe in its potential. CNH has invested in this country for more than 100 years, when the first International Harvester tractor was imported to China.
“We will continue to invest to ensure our customers have access to our best technologies and expertise.”
The investment in a new manufacturing base will further strengthen CNH’s position in China and enable its agricultural equipment brands to contribute to the mechanisation of the country’s fast developing agriculture sector.