CNH Industrial to invest $5 billion in US manufacturing and research
Published by Global Banking & Finance Review®
Posted on November 4, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking & Finance Review®
Posted on November 4, 2025
1 min readLast updated: January 21, 2026
CNH Industrial will invest $5 billion in US manufacturing and R&D, closing its Burlington, Iowa plant by 2026, affecting 200 employees.
(Reuters) -Farm and construction equipment maker CNH Industrial said on Tuesday it will invest nearly $5 billion over five years into manufacturing and research and development facilities in the United States.
CNH also said it will stop production at its Burlington, Iowa, assembly plant by the second quarter of 2026, citing declining demand and underutilization.
It said the plant closure would affect about 200 employees.
The company will report its third-quarter earnings on November 7.
(Reporting by Anshuman Tripathy in Bengaluru; Editing by Alan Barona)
Manufacturing is the process of converting raw materials into finished goods through the use of labor, machines, and tools. It plays a crucial role in the economy by creating jobs and producing products for consumers.
Research and development (R&D) refers to the activities companies undertake to innovate and introduce new products or services. R&D is essential for maintaining competitive advantage and driving growth.
Job creation refers to the process of generating new employment opportunities in the economy. It is often driven by business expansion, investment, and economic growth.
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