Farm Equipment's sister publication Ag Equipment Intelligence has acquired photos of a memo sent to UAW-represented CNHI employees explaining details of the manufacturer's last contract offer on May 19.
In a statement to Farm Equipment, John Deere stated it will "consolidate the manufacturing of cabs from the Tractor and Cab Assembly Operations (TCAO) to Ramos Component Works in Mexico."
When asked how they anticipated their customers' planned purchases to be impacted by the strike if it lasted 30 days or more, responses from Case IH and New Holland dealers were mixed.
A recent survey from Farm Equipment, conducted from May 3-4, found that 79.7% of CNH dealers forecast some degree of lost new wholegoods revenue if the ongoing strike lasts 30 or more days.
According to a news release from United Auto Workers (UAW), CNH Industrial workers in Racine, Wis., and Burlington, Iowa, have gone on strike as of 12PM CST, May 2, 2022.
According to a press release from UAW posted to UAW Local 180's Facebook page, United Auto Workers and CNH Industrial have agreed to extend the current labor contract "hour-by-hour as the parties continue to make progress towards reaching a tentative agreement."
A recent survey from Farm Equipment found that 64.8% of surveyed dealers indicated they were worried about the impact ongoing contract negotiations between CNH Industrial and United Auto Workers could have on their business.
A November 4 survey of John Deere dealers on the labor strike at John Deere production facilities drew a number of write-in responses from green dealers. Below are all 17 write-in responses collected from the survey that was open for 24 hours.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
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