who owns case tractors
Release time：2023-06-24 12:43:18
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author：Yuxuan
When you see a farmer on a Case tractor, you may wonder who actually owns the company. The Case Corporation has a long history dating back to 1842 when Jerome Increase Case first began building threshing machines. Today, the company's focus is on manufacturing heavy equipment like tractors, excavators, and construction machinery, but who owns the brand today? Let's take a closer look.
A Brief History of the Case Corporation
The Case Corporation has gone through a lot of changes over the years. In 1999, it merged with New Holland to form CNH Global, which is a subsidiary of the Italian company Fiat Industrial. This move created one of the largest farm equipment companies in the world. Still, the Case name remained intact, and the company continued to produce tractors and other machinery under the Case brand.CNH Global - The Parent Company
CNH Global is a publicly-traded company on the New York Stock Exchange and the Milan Stock Exchange. It's also a subsidiary of Fiat Chrysler Automobiles (FCA), which is a large Italian-American multinational corporation that produces automobiles and industrial vehicles. FCA owns 88% of CNH Industrial, which means they ultimately own the Case brand.The Impact of FCA
The ownership of Case by FCA is important to consider when it comes to the company's future plans. FCA has deduced that their future will primarily be in producing more tech-heavy autonomous vehicles. So, it's safe to say that there will be a focus on adding more technology to their tractors over the years to come. This could mean more Bluetooth connectivity and more advanced sensors, for example.Conclusion
In conclusion, while farmers may be the ones actually driving the Case tractors, it's FCA that is ultimately pulling the strings. It's interesting to see how the ownership of companies changes over the years and how it impacts their operations and future plans. However, one thing is certain - the Case brand will continue to be a major player in the world of farm machinery for many years to come.
