CNH Industrial Finalized Minority Investment in Monarch Tractor

CNH Industrial Finalized Minority Investment in Monarch Tractor

Monarch Tractor has a significant role in accelerating the agricultural industry evolution

CNH Industrial N.V. declared on 2nd March 2021 that it had finalized minority investment in Monarch tractor. Monarch tractor is an agriculture technology company based in the US. It has a significant role in accelerating the agricultural industry evolution. Now, CNH Industrial N.V. has a part in the Monarch company. This prudent collaboration is an essential step towards future growth and long term sustainability. It is also a concrete step for farmers and agribusinesses to comprehend successful zero emission farming. 

 

Key Pillars of This Partnership 

Monarch is a global leader in producing electric tractors, which comes with a unique combination of autonomous technologies that are fully electric powertrain. It is a platform that delivers a fully advanced technology ecosystem for machine data management. These technologies are best for professional agriculture producers. They offer tractors sub 100 hp segment, which lowers emission, increases safety and upgrades agronomic insights. 

Scott Wine (Chief Executive Officer, CNH Industrial) said, “Monarch is a leading brand that provides tractor technology with electrification, data management and autonomous use. The three key pillars are profitability, sustainability and productivity, which are best for CNH Industrial as well as farming customers”. 

He added, “They are excited to work with Monarch to evolve and launch a more advanced technology ecosystem. He believes that their partnership will break all records and they always try to fulfil their every commitment in the precision farming portfolio all over the world.” 

 

About CNH Industrial 

CNH Industrial is a world kind of capital goods segment that is initiated by industrial experience. They have a worldwide presence and provide a massive range of products. It has numerous businesses, including CNH Industrial and New Holland. They sell and produce agricultural equipment, trucks, construction equipment, commercial vehicles, special vehicles, buses and many more.  

For further information, you can visit  www.monarchtractor.com.

 

About Monarch Tractor 

The monarch tractor platform is a combination of power and efficiency. The brand Integrate automated operations, powerful tools, data analytics and optional driver modes with power and strength with all electric platforms. 

For further information, you can visit  www.monarchtractor.com.

 

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