NEW HOLLAND CONSTRUCTION DONATES EQUIPMENT TO SUPPORT EARTHQUAKE VICTIMS IN SICHUAN, CHINA
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TURIN, Italy - (May 27, 2008) - New Holland Construction, a global manufacturer and seller of construction equipment and part of CNH (NYSE:CNH) and Fiat Group (FIA:MI), announced today its support for the recovery efforts in the aftermath of the earthquake that devastated the Sichuan Province in China. During an official ceremony in Chengdu on May 28, the company will donate a B95 backhoe loader (95 hp) manufactured in the Italian Imola plant to the Chengdu Construction Commission to assist in the relief operations. The value of the product amounts roughly to 600,000 RBM.
New Holland Construction's President and CEO, Giuseppe Fano, stated: "We would like to express our deepest sympathy for all those who suffered from this devastating earthquake. We have strong links with the Province through our Japanese partner Kobelco and we hope that our contribution will facilitate a quicker recover of the disaster."
New Holland is a global, full-line construction equipment brand, with a network of 700 dealers and more than 1,800 outlets in 100 countries. The company brings together the strength and resources of its world-wide commercial, industrial and finance organisations. Thanks to the experience of its foundation heritage brands, New Holland can proudly point to quality products at the technological state of the art, fully compliant with safety standards and environmental regulations. More information can be found on line at www.newholland.com. New Holland is a division of CNH Global N.V. (MILAN: FIA) (NYSE: CNH).