Construction equipment manufacturers CNH Industrial and industrial equipment manufacturer Hyundai Heavy Industries (HHI) have signed an exclusive ten-year agreement, with the option of renewal, for the production and development of mini excavators for global distribution. The two companies will also start a joint development programme for new models introduction. This agreement applies globally, excluding the South Korean market, and has a ten-year term with the option for renewal, says CNH Industrial construction equipment for Europe, Africa and the Middle East VP Andy Blandford.
In a first phase, Case will launch a brand new range of mini excavators that will be further extended over time. The new models will be designed in collaboration with HHI. Once fully realised, the scope of the mini excavator product range will run up to 6 t.
“This agreement is the latest step in our strategy to strengthen the Case brand, consolidate its position in the markets and secure its long-term future. It follows the new agreement we signed with Sumitomo for crawler excavators and the redevelopment and rebranding of the San Mauro and Lecce plants to create the Case European Excavator and Wheeled Equipment Hubs,” he explains.
“Once fully realised, the mini excavator product offering will include 14 models ranging up to 6 t. Further, the agreement includes the supply of OEM spare parts to CNH Industrial.”