• 20-NOV-2015

CNH Industrial to transfer European grader manufacturing from Germany



The Company plans to close its grader production facility in Berlin, Germany and relocate it to its manufacturing facility in Lecce, Italy.

As part of the on-going CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) Efficiency Program, the Company intends to undertake a production transfer of its grader product line from within its construction equipment portfolio.

The transfer concerns European manufacturing of graders, wheeled machines for levelling ground, currently produced in Berlin, Germany. The Company plans to relocate these operations to Lecce, Italy, where it operates an existing construction machinery plant currently manufacturing Backhoe Loaders, Wheel Loaders, Compact Wheel Loaders and Telehandlers for the Company's construction equipment brands Case Construction Equipment and New Holland Construction.

Lecce is CNH Industrial's largest centre of excellence for construction equipment in the EMEA (Europe, Middle East and Africa) Region. Covering Manufacturing, Purchasing, Product Development & Validation and Engineering departments, the site's know how and proven competency make it the best location in order to further develop the business.

The Berlin site has a current workforce of 89. Commercial and commercial support activities for the German, Austrian and Swiss Construction Equipment markets will continue. According to the plan, Product Development and Production activities currently based at the Berlin facility should cease at the end of March 2016.

In accordance with the provisions of applicable laws, the Company has begun the information and consultation process with both the European Works Council and the body representing the employees of CNH Industrial Baumaschinen GmbH in Berlin. Negotiations will also be conducted with the latter group.

London, November 20, 2015