ATI Tracks latest in CNH buying spree

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Track systems manufacturer takes CNH total buying spree to US$85 million

ATI Tracks latest in CNH buying spree
ATI Track Systems is now part of Case IH and New Holland parent company CNH Industrial.

 

US-based ATI Track Systems, distributed in Australia by McIntosh & Son and commonly used on high horsepower tractors and combine harvesters, has been acquired by global giant CNH Industrial.

CNH, the parent company of Case IH and New Holland, says the acquisition takes the value of its recent spending spree to US$85 million (A$123.2 million) – alongside its recent purchase of tillage products manufacturer K-Line Ag and precision farming software company AgDNA.


K-Line will continue to manufacture its SpeedTiller in Cowra. Check out the story here


"Following this acquisition, the track systems will be available on Case IH and New Holland combines produced at the Company’s Grand Island, Nebraska, facility starting in 2020, and will also be available for retrofit," the company says. 

"This acquisition will provide [Case IH and New Holland users] with access to factory-fit industry-leading track technology, extending the available range and enabling them to tailor their choice based on their specific floatation, suspension and traction requirements."

CNH Industrial has a long-standing commercial supply agreement with ATI dating back to 2012, where tracks are currently fitted to the New Holland T9 articulated tractor range.

New Holland Agriculture brand president Carlo Lambro says the acquisition will boost New Holland’s product offering for agricultural producers and contractors.

"Our customers already know the outstanding performance of these tracks as they are fitted on our T9 articulated tractor range," he says.

"Going forward, we will be able to extend our range with a full track offering that maximises power, delivers a best in class level of ride comfort, and provides floatation and overall productivity for our tractors and combines."

New Holland’s Australia and New Zealand product segment manager Marc Smith says the acquisition is "exciting news".

"We released the SmartTrax II option for T9 4-wheel drive tractors in 2018," he says.

"The performance and acceptance of this track system has been very encouraging and we look forward to the benefits and future developments of bringing ATI in-house."

Headquartered in Indiana and established in 1997, ATI initially specialised in making rubber tracks for machines conducting seismic exploration in Alaska’s North Slope, before branching out into agricultural tracks.

CNH Industrial CEO Hubertus Mühlhäuser says the acquisition is part of CNH’s strategic acquisition program to drive consolidation across professional agribusinesses.

"This latest addition to the CNH Industrial agricultural portfolio will provide professional agribusinesses with multi-patented, industry-leading track technology, will further cement CNH Industrial’s track-leadership position," he says.

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