Power transmission specialist Carraro SpA has secured contracts with CNH Global worth $471 million over the next four years.
The revenues will help underpin operations at the Carraro Drive Tech and Gear World business units, which are to be merged this year to streamline management and reduce overhead costs.
The latest agreement between Carraro and CNH renews an existing supply contract for front drive axles and transmissions for backhoe-loaders. It also adds new contracts for…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
