CNH Industrial enters mini-excavator alliance with Hyundai Heavy Industries

CNH Industrial, London, has announced an exclusive agreement with Hyundai Heavy Industries for the production and development of mini-excavators. CNH Industrial will have the opportunity to produce mini-excavator models of up to 5 tons at its plants and source OEM models greater than 5 tons.

The agreement has a 10-year term, with a three-year renewal option. It applies globally, excluding the South Korean market. Once fully realized, the mini-excavator product offering will include 14 models from 1 to 6 tons.