New Holland Construction announced that in North America it will refocus on its compact product lines for the landscaping, utility, residential construction and agriculture industries, among others. As a result, starting in 2012 New Holland Construction will begin withdrawing from the North American market its crawler dozers, motor graders, 80-hp and larger wheel loaders, six-ton and larger excavators, and telescopic handlers.
New Holland Construction will continue to offer compact products and associated attachments, including the successful skid steer loaders, compact track loaders, tractor loaders, loader backhoes, compact wheel loaders, and compact excavators.
This announcement only concerns the North American market, as New Holland Construction will continue to sell the heavy equipment product lines in all other world markets.
"New Holland Construction's heritage in North America is a great source of pride and we are pleased with the success of our compact line. We are committed to providing our New Holland Construction customers with the superior equipment performance they expect," commented Jim Hasler, vice president of CNH Construction, North America.
New Holland is a division of CNH Global N.V., whose stock is listed at the New York Stock Exchange (NYSE:CNH), which is a majority-owned subsidiary of Fiat Industrial S.p.A. (FI.MI). More information about CNH can be found online at www.cnh.com.