Farm Equipment Manufacturers and AG Technology Companies Forge Closer Ties [Yahoo! Finance]
CNH Industrial N.V. Common Shares (CNH)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
Mytko , "As technological innovation accelerated in the global farm machinery industry in recent years, manufacturers have increasingly partnered with or acquire agricultural technology companies." Through such cooperative agreements and acquisitions, producers of agricultural equipment are able to gain access to new technologies, bolster their research and development (R&D) activities, and expand their product portfolio, giving them an advantage over competitors. Furthermore, these moves are likely to have a long-term, positive impact on company growth. Because innovation will continue to transform most types of agricultural machinery, companies will increasingly focus on product development and complying with new regulations. For instance, the next generation of emissions standards for off-highway diesel engines will require significant innovations. A number of important acquisitions or cooperative agreements – that brought together manufactures of farm machinery and agricultura
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