CNH Industrial announced that effective Dec. 31, 2022, it will cease all construction equipment sales activities in China.

In the course of 2021, sales of construction equipment in China totaled approximately $88 million, and CNH Industrial does not expect to incur significant charges in connection with the cessation of its construction equipment sales activities in China.

This decision is part of the company's ongoing turnaround plan for its global construction business.

The company remains fully committed to its customers and dealers in China and will continue to support the existing fleet of Case Construction machines.

All other existing CNH Industrial activities in the country will not be affected by this decision and will continue without any change.

For more information, visit cnhindustrial.com.

Today's top stories

Two Firms Give Burned Highway New Life

Latest Case Launches Help Construction, Utility Contractors Maneuver Tight Labor Markets, Congested Job Sites

Contractors' Plate Full On Interstate 35 in Texas

Skanska Awarded Contract to Develop Offshore Wind Port at South Brooklyn Marine Terminal

Micron Announces Agreement to Build Factory in Boise, Idaho

Leica Geosystems Launches its First Machine Smart Antenna — Leica iCON gps 120

Brightline Breaks Ground On $3B Vegas-to-California Rail

Oregon to Deploy First-of-Its-Kind, In-Cab Safety Alerts