CNH

As the year comes to a close and the industry looks ahead to 2021, let's take a look back at some of the most notable AEM Industry Advisor news headlines from the past 12 months.

CNH Delaying Spin-Off -- In May, CNH Industrial announced its original timeline for implementation of its new Transform2Win strategy, announced on Wall Street in September of 2019, that included the spin-off of the company’s on-highway activities, would be “extended” because of market conditions. (Credit: Diesel Progress)

Four Companies Join John Deere Startup Collaborator Program -- Way back in January, Deere & Company announces the companies that would be part of the 2020 cohort of the Startup Collaborator program in its Intelligent Solutions Group. The initiative, which launched in 2019, served to enhance and deepen collaborative relationships with startup companies whose technology could add value for John Deere customers. (Credit OEM Off-Highway)

CNH Industrial Replaces CEO, Confirms Spin-Off Strategy -- In March, CNH Industrial confirmed the appointment of Suzanne Heywood as acting chief executive officer, as well as indicated its plans to split in two and list its Iveco truck and bus and FPT engine divisions. (Credit: Reuters)

Vermeer Announces Agreement With MultiOne -- Just a few days into 2020, Vermeer announced it entered into a distribution agreement with MultiOne, a leading manufacturer of compact articulated loaders. As a result, MultiOne would supply Vermeer-branded loader models to be sold, serviced and supported exclusively through Vermeer dealers across North America and the Caribbean. (Credit: GX Contractor)

New CEO at Manitowoc -- In August, it was announced that Aaron Ravenscroft would replace Barry Pennypacker as chief executive of Manitowoc. The move went into effect immediately, with Pennypacker remaining in an advisory role through the end of the year. (Credit: Vertikal.net)

Briggs & Stratton Sale to KPS Completed -- In September, KPS Capital Partners acquired the assets of Briggs & Stratton Corp. and certain of its wholly owned subsidiaries for $550 million. It was also announced that Steve Andrews was named president and chief executive officer of Briggs & Stratton. (Credit: Diesel Progress)

Buhler Industries to Consolidate U.S. Operations  -- In early May, Buhler Industries announced plans to relocate product lines manufactured at the company's facility in Fargo, North Dakota, and relocate them to the Willmar, Minnesota factory. The move served to optimize the company's production in the U.S. and increase production at the Willmar facility. (Credit: Farm Equipment)

-- Toward the end of June, John Deere announced the election of John Stone as president of worldwide construction and forestry and power systems. The role gave Stone responsibility or the overall management and performance of the company’s construction and forestry operations throughout the world, as well as the Wirtgen Group organization. (Credit: Pit & Quarry)

Terex Announces New President of AWP Segment -- In June, Terex announced John L. Garrison, Jr., chairman and CEO of Terex Corporation, would take on additional responsibilities as president of Terex Aerial Work Platforms (AWP), effective immediately. The move occurred following the news that Matt Fearon, the AWP president at the time, would be leaving the company as of Aug. 1. (Credit: ForConstructionPros.com)

Caterpillar Acquires Robotic Specialist Marble Robot Inc. -- Over the summer, it was announced Caterpillar had acquired select assets and hired employees from San Francisco-based robot and autonomy technology solutions company Marble Robot Inc. According to Caterpillar, building on its leadership in autonomous mining, the company plans to leverage the deep expertise of the new team to bring scalable solutions to meet the changing needs of construction, quarry, industrial and waste industries. (Credit: Rental Equipment Register)

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