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DMiller 
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 Topic: Looks like new name is CNH Global N V
Posted: 17 Dec 2013 at 4:57pm |
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http://www.zacks.com/stock/news/101153/CNH-Global-to-be-Renamed-Post-Merger
AGCO will probably discontinue as a name brand, CNH will most likely become the entire line of varieties. I just wonder how much already limited machinery components will discontinue.
Kubota is named in the article as a brand in the system.
Edited by DMiller - 17 Dec 2013 at 4:58pm
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CTuckerNWIL
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Posted: 17 Dec 2013 at 6:43pm |
This renaming has nothing to do with AGCO. AGCO has nothing to do with CNH Global. "Currently, Fiat Industrial has 88% ownership stake in CNH Global.
Earlier in Nov 2012, the company inked a definitive merger agreement to
merge the businesses of both Fiat Industrial and CNH Global to form a
separate company, organized under the laws of the Netherlands and listed
on the New York Stock Exchange." AGCO did say they would be interested in buying CNH from Fiat a couple years ago but they won't be buying it now that Fiat merged the industrial parts to form CNH Global. http://www.zacks.com/stock/news/101153/CNH-Global-to-be-Renamed-Post-Merger
Edited by CTuckerNWIL - 17 Dec 2013 at 6:49pm
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Unit3
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Posted: 17 Dec 2013 at 6:44pm |
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Are you saying that AGCO has been bought out, did AGCO buy CNH?
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wjohn
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Posted: 17 Dec 2013 at 9:43pm |
No. CNH was just reorganized.
The bottom of the article mentions AGCO as being another "notable company in the industry." They are separate companies.
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1939 B, 1940 B, 1941 WC, 1951 WD, 1952 CA, 1956 WD-45
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Coke-in-MN
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Posted: 19 Dec 2013 at 10:27am |
Fiat as a parent Co of many lines in both Ag and Construction has combined and renamed the parts of the organization. Fiat-Allis as well as Ford line of construction is now New Holland while Case is still it's own line but under the same company direction as part of the group of Fiat.
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Faith isn't a jump in the dark. It is a walk in the light. Faith is not guessing; it is knowing something.
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Ian Beale
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Posted: 19 Dec 2013 at 2:09pm |
This thread at Red Power has been going for a while
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DMiller
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Posted: 19 Dec 2013 at 4:54pm |
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I stand corrected, did not realize that AGCO had bought away from the partial partnership quite a while ago.
Edited by DMiller - 19 Dec 2013 at 4:56pm
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DMiller
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Posted: 19 Dec 2013 at 4:59pm |
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With that in mind, I wonder why AGCO never went back into small heavy equipment, as the farm use of these machines seemed greater than the industrial toward the end of Allis Commercial. Are not many small scale dozers or loaders beyond Deere and they are not so hot as far as I have seen, high priced as well.
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DougG
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Posted: 19 Dec 2013 at 6:52pm |
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Deere sells the crap out of them, im working along I270 and trucks are rolling thru with alot of yellow Deeres of all sizes
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Ian Beale
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Posted: 19 Dec 2013 at 7:32pm |
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Here in Oz the smaller Fiat ag crawlers are about the only ones in that class with readily available spares. Very popular in the hobby farm area and seem never to be advertised for long.
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Coke-in-MN
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Posted: 19 Dec 2013 at 9:20pm |
With the rest of AC Industrial in was sold off to Ingersol Rand / and a few others so the fork truck and some of the loaders ended up ?
There is only so much market on small track machines as the skid loader segment has taken much of the market now . Tracked skid steer is a big industry now with all the mfg having a machine out there , and skid steer have went from power scoop shovel to small traxcavators. Also the small and medium excavators have replaced much of the tracked loader market for work in digging and loading jobs. 4 W drive or assist TLB machines have also filled many of the niches where small track loaders were used. I can load a 12/14 yard truck twice as fast with my 715B TLB than it takes me with my HD5G as long is it's not in soft sand.
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Faith isn't a jump in the dark. It is a walk in the light. Faith is not guessing; it is knowing something.
"Challenges are what make life interesting; overcoming them is what makes life meaningful."
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JohnCO
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Posted: 20 Dec 2013 at 4:46pm |
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AGCO is missing a major market by not selling light industrial machinery, small trackhoes, skid steers, extended reach forklifts, etc. etc. I wonder if there isn't some unpublished agreement to not compete with Cat?
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DougG
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Posted: 22 Dec 2013 at 6:42am |
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Fiat is one of the smarter players in todays businesses ; they are in about everything and always buying the good deals!
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