• 17-JAN-2020

  • Turin, January 17, 2020

FPT INDUSTRIAL SIGNS MEMORANDUM OF UNDERSTANDING WITH YANMAR TO DEVELOP AND SUPPLY MARINE ENGINES

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FPT Industrial, the brand of CNH Industrial dedicated to the design, production and sale of powertrains for on and off-road vehicles, marine and power generation applications, signed a memorandum of understanding with Yanmar Marine International, foreseeing a commercial cooperation to develop and supply marine engines.

FPT Industrial will manufacture and provide two types of diesel marine engines based on its existing N67 EVO and C90 engine families to be customized by Yanmar and marketed under its brand.

“The collaboration with Yanmar is proof of the quality of our products and the high level of our engineering”, says Annalisa Stupenengo,  President Powertrain of CNH Industrial and CEO of FPT Industrial. “We begin 2020 with a solid partnership, supporting Yanmar in its portfolio expansion.” 

Conclusion of negotiations for the definitive agreements is expected within Q1 2020.

Based in the Netherlands, Yanmar Marine International focuses on the recreational marine sector globally, supplying engines for both sailboats and powerboats, and light-duty commercial applications.

FPT Industrial is a brand of CNH Industrial, dedicated to the design, production and sale of powertrains for on and off- road vehicles, marine and power generation applications. The company employs more than 8,000 people worldwide, in ten manufacturing plants and seven R&D Centres. The FPT Industrial sales network consists of 73 dealers and about 800 service centres in almost 100 countries. A wide product offering, including six engine ranges from 42 hp up to 1,006 hp, transmissions with maximum torque of 200 Nm up to 500 Nm, front and rear axles from 2 to 32-ton GAW (Gross Axle Weight). FPT Industrial offers the most complete Natural Gas engines line-up on the market for industrial applications, including engine ranges from 136 hp up to 460 hp. This extensive offer and a close focus on R&D activities make FPT Industrial a world leader in industrial powertrains. For further information, visit www.fptindustrial.com.

About Yanmar

With its beginnings in Osaka, Japan in 1912, YANMAR went on to become the first company to succeed in making a compact diesel engine of practical size in 1933. With industrial diesel engines as the cornerstone of the business, YANMAR has continued to expand its range of products, services and expertise to deliver total solutions as a diesel

engine and equipment manufacturer. Providing small and large engines, agricultural machinery and facilities, construction equipment, energy systems, marine engines, machine tools, and components YANMAR’s global operations span seven business domains on land and at sea. 

Based in the Netherlands, YANMAR MARINE INTERNATIONAL is focused on the recreational marine sector globally, supplying engines for both sailboats and powerboats, and light duty commercial applications. Over the years, YANMAR has built an enviable reputation for proven marine technology delivering high quality and reliability and continues to develop advanced technology for the cleanest and most efficient diesel engines.

Turin, January 17, 2020