CNH OFFERS SUPPORT TO FLOOD-STRICKEN MIDWEST
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BURR RIDGE, Illinois, - (June 23, 2008) - CNH (NYSE:CNH) is reaching out to support areas affected by devastating floods in the Midwest, including Burlington, Iowa, where the construction and agricultural equipment manufacturer operates a plant employing some 600 workers.
The total relief effort, including money and machinery - from the company and its dealers - is expected to have a total value of $1 million.
"Our hearts go out to Iowa residents who were hard-hit by the disaster and especially to our Burlington employees who lost their homes," said Harold Boyanovsky, president and CEO of CNH. "We are poised to supply assistance that includes money and machinery."
Earlier, two CNH brands responded to the emergency situation by making equipment available for fortifying levees along the swollen Iowa and Mississippi rivers. Case Construction Equipment arranged for the use of several crawler dozers in Oakville, Iowa and other trouble spots, including Green Bay Bottoms along the Mississippi River.
New Holland Construction provided a D95B dozer and M428 telehandler for levee fortification and clean-up operations.
CNH Global N.V. is a world leader in the agricultural and construction equipment businesses. Supported by more than 11,000 dealers in 160 countries, CNH brings together the knowledge and heritage of its Case and New Holland brand families with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. CNH Global N.V., whose stock is listed at the New York Stock Exchange (NYSE:CNH), is a majority-owned subsidiary of Fiat S.p.A. (FIA.MI). More information about CNH and its Case and New Holland products can be found online at www.cnh.com.