CNH Industrial welcomes Federal Reserve Bank of Minneapolis Representatives, local dignitaries and business leaders to Fargo ...
12 Aprile 2019 - 4:30PM
CNH Industrial welcomes Federal
Reserve Bank of Minneapolis
Representatives, local dignitaries and business leaders to
Fargo
facility
Burr Ridge, April 12, 2019
CNH Industrial (NYSE: CNHI /MI: CNHI) hosted
President Neel Kashkari of the Federal Reserve Bank of Minneapolis,
along with other representatives of the bank and local business
leaders, to its Case IH, New Holland Agriculture, CASE Construction
Equipment and New Holland Construction facility on Wednesday, April
3. The Minneapolis Fed, with one branch in Helena, Montana, serves
six states of the Ninth Federal Reserve District: North and South
Dakota, Minnesota, Montana, 26 counties in northwestern Wisconsin
and the Upper Peninsula of Michigan. This was President Kashkari’s
first visit to the Fargo facility.
“It is a privilege to represent the employees of
CNH Industrial and welcome guests to our facility on the occasion
of the 50th anniversary of the Case IH Steiger tractor in
Fargo. This Plant has a legacy of innovation in the design,
testing and manufacturing of products for customers around the
world, in both the Agriculture and Construction segments,” said
Aditya Garg, Fargo Plant Manager. “Fostering an important
discussion about manufacturing and our industries with
distinguished guests, and demonstrating the transformation of raw
steel into the finest 4WD tractors and large wheel loaders within
our integrated World Class Manufacturing facility, illustrates our
dedication to supporting the communities where we live and
work.”
The event, which included a plant tour as well
as a round table discussion, also welcomed representatives from
North Dakota State University and local business leaders from local
companies including Titan Machinery, Amity Technology, RDO
Equipment and WCCO Belting, among others.
“In order to make good economic policy, it is
important that we gain useful and timely information about the
economy. We spend a lot of time looking at data, but that’s not
good enough; it is especially helpful to talk to a diverse array of
businesses so they may share their experiences and tell us about
the real issues they face,” said Joseph Mahon, Regional Outreach
Director at the Federal Reserve Bank of Minneapolis. “Manufacturing
and agriculture remain critical in the region’s economy, and I was
thrilled to visit the CNH Industrial facility in Fargo and to have
the opportunity to learn from the leadership there as well as the
other business leaders who joined us.”
Mr. Garg added, “It is important to us, as a
member of this business community, to share feedback with policy
makers on issues that have a direct impact on our operations, such
as workforce development and tariffs.”
The Fargo facility is home to the Company’s most
powerful tractor ranges and employs some 675 people, exporting
worldwide. The 86-acre site is a dedicated research and development
and test equipment facility, as well as an integrated manufacturing
plant that produces 4WD tractors for Case IH and New Holland
Agriculture, and wheel loaders for CASE and New Holland
Construction.
CNH Industrial has 11 manufacturing
plants, 12 research and development
centers, and a workforce of 9,000 in North America. The
Company designs, produces and sells ‘machines for work’ and is
present in all major markets worldwide, giving it a unique
competitive position.
CNH Industrial (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
Sign up for corporate news alerts from
the CNH Industrial Newsroom:
https://media.cnhindustrial.com/NAFTA/Subscribe
Media contact:Catherine
Morgenstern
Corporate Communications – North America
CNH Industrial
Tel: +1 630 887 2360
E-mail: mediarelations@cnhind.com www.cnhindustrial.com
- CNHInd_Fargo_Lunch-Roundtable_04032019_29A4638_midres
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