CNH AMERICA LLC AND UNITED AUTO WORKERS BEGIN NEGOTIATIONS ON NEW CONTRACT
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Lake Forest, Illinois (March 16, 2004) - CNH AMERICA LLC, a wholly owned subsidiary of CNH Global N.V. (NYSE:CNH), and the United Auto Workers (UAW) met today in Racine, Wisconsin to begin negotiations for a new contract covering about 650 CNH employees. The current contract expires on May 2, 2004.
"We are optimistic that an agreement can be reached that is fair and equitable for all parties, and will enable us to be competitive in the global marketplace we serve," said Giovanni Ravina, CNH Senior Vice President, Human Resources.
UAW Vice President Cal Rapson, Director of the UAW Agricultural Implement Department, expressed optimism for an agreement which meets the needs of the active and retired workforce as well as the company and the community.
The negotiations will cover approximately 650 active employees at four locations, including two of the company's 45 manufacturing facilities, one parts distribution center and one engineering center. About 1,700 retirees are also covered.
CNH is the power behind leading agricultural and construction equipment brands of the Case and New Holland brand families. Supported by more than 12,000 dealers in approximately 160 countries, CNH brings together the knowledge and heritage of its brands with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. More information about CNH and its products can be found on line at www.cnh.com.