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Digging deep into construction machinery news

Tue 29 Apr 2014

CNH ties up a new deal with Sumitomo

Under this new technology license and component supply agreement, CNH Industrial will manufacture Sumitomo designed crawler excavators (models ranging from 13 to 35 tonnes) at designated plants within its manufacturing network. Start of production of the new localized models is planned for mid-2016. Photo: Digger Man Blog archive, Michael Bullock on Sumitomo SH300 in Australia. This agreement also extends the existing Global Product Supply (OEM) agreement between CNH Industrial and Sumitomo (S.H.I.) Construction Machinery for the sourcing of excavators from Sumitomo plants. Sumitomo has been a supplier to the CNH Industrial global distribution network since 1992 for models ranging from 7 to 80 tonnes. This next step will further strengthen the partnership between the two companies. European users are already very familiar with the Sumitomo based Case models which have been extremely well received by owners and end users over the years. I personally rate the machines very highly as an operator and have always enjoyed any time I have spent on them. “With this new agreement CNH Industrial has completed the transition from its previous dual source excavator strategy to a single global partner. This new licensing agreement builds on our successful long-term relationship with Sumitomo. It confirms CNH Industrial’s intention to invest and leverage the most advanced specialist players in the industry in order to provide customers around the world with construction equipment that consistently delivers performance and productivity” said Richard Tobin, CNH Industrial CEO and Brand President of Case and New Holland Construction. “We are excited to embark on this new phase of our partnership with Sumitomo (S.H.I.) Construction Machinery as it secures our supply position in this important product category and increases our manufacturing flexibility to meet the demands of our customers”. “Sumitomo and CNH Industrial’s relationship will reach a new stage as both companies pursue synergies through this agreement. By maintaining and building on the strong relationship between the two companies, we will aim to grow our market share in the construction machinery sector ”said Mikio Ide, President of Sumitomo (S.H.I.) Construction Machinery.      

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