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CNH Industrial to transfer European grader manufacturing from Germany

CNH

The Company plans to close its grader production facility in Berlin, Germany and relocate it to its manufacturing facility in Lecce, Italy.

LONDON, Nov. 20, 2015 /PRNewswire/ -- As part of the on-going CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) Efficiency Program, the Company intends to undertake a production transfer of its grader product line from within its construction equipment portfolio.

The transfer concerns European manufacturing of graders, wheeled machines for levelling ground, currently produced in Berlin, Germany. The Company plans to relocate these operations to Lecce, Italy, where it operates an existing construction machinery plant currently manufacturing Backhoe Loaders, Wheel Loaders, Compact Wheel Loaders and Telehandlers for the Company's construction equipment brands Case Construction Equipment and New Holland Construction.

Lecce is CNH Industrial's largest centre of excellence for construction equipment in the EMEA (Europe, Middle East and Africa) Region. Covering Manufacturing, Purchasing, Product Development & Validation and Engineering departments, the site's know how and proven competency make it the best location in order to further develop the business.

The Berlin site has a current workforce of 89. Commercial and commercial support activities for the German, Austrian and Swiss Construction Equipment markets will continue. According to the plan, Product Development and Production activities currently based at the Berlin facility should cease at the end of March 2016.

In accordance with the provisions of applicable laws, the Company has begun the information and consultation process with both the European Works Council and the body representing the employees of CNH Industrial Baumaschinen GmbH in Berlin. Negotiations will also be conducted with the latter group.

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

For more information contact:

Email: mediarelations@cnhind.com
www.cnhindustrial.com