CASE IH TO SUPPLY TURKMENISTAN WITH TRACTORS, COTTON PICKERS
LAKE FOREST, Ill., August 17, 2006 - Case IH, a world leader in the agricultural equipment business, said Turkmenistan has agreed to buy 220 plowing tractors and 100 cotton pickers from Case IH. The total order is valued at US$55 million.
Michael Edmondson, Regional President of CNH's (NYSE: CNH) Agricultural Equipment Business - International, said in a statement: "This is the family of tractors that has been hugely successful in Turkmenistan, and we are very honored for the purchases to continue. We value our relationship in Turkmenistan and support the development of agriculture here."
Edmondson said he expects the tractors to be shipped before the end of 2006, while the cotton pickers would be delivered "well in time for the cotton picking season next year."
The Case IH MX255 is part of the flagship Case IH high-horsepower Magnum line. Rated at 215 PTO hp, it will grow to 242 horsepower under load. Case IH tractors are designed to increase on-farm productivity and make operators more efficient. Case IH Cotton Express cotton pickers harvest from both sides of the plant and provide the best picking efficiency on the market. The pickers have the largest basket capacities in their class, maximizing on-the-row picking time and yielding up to 3 percent more picking efficiency compared to in-line drum designs.