CNH Industrial Temporarily Shutting Some Plants in Europe
October 13 2021 - 5:18PM
Dow Jones News
By Stephen Nakrosis
CNH Industrial N.V. on Wednesday said it will be temporarily
shut some of its European factories due to "ongoing disruptions to
the procurement environment and shortages of core components,
especially semiconductors."
The company said it will be temporarily closing several
agricultural, commercial vehicle and powertrain manufacturing
facilities.
CNH said it expects the closures will be for no longer than
eight working days in October.
The company's brands include Case IH, Steyer, New Holland and
IVECO.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 13, 2021 17:03 ET (21:03 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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