The investment index fell 6 points compared to a month earlier, pushing it down to 37, its lowest reading since last November. 

CNH Industrial announced June 1 the appointment of Friedrich Eichler as Chief Technology Officer (CTO).

Deere & Company announced today that its Board of Directors elected Jahmy Hindman senior vice president in addition to his current position as chief technology officer, which he has held since 2020.

While increased supplies of refined products might offer lower pump prices for motor fuels in some cases, experts say the boosts in production likely will be aimed at replenishing stockpiles of gasoline, diesel and jet fuel drawn down as the nation returned to work after the effects of COVID.

The system’s integration will be led by the Raven team and will be commercially available via the global Case IH and New Holland Agriculture brands.

Michelin today announced its plan to invest more than $100 million into its Junction City, Kan. operations over the next 5 years to increase production capacity of tracks for agricultural equipment.