CNH Industrial restarts production at four Italian plants [Reuters]
CNH Industrial N.V. Common Shares (CNHI)
Last cnh industrial n.v. common shares earnings: 2/7 08:00 am
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Source: Reuters
CNH Industrial restarts production at four Italian plants MILAN, April 28 (Reuters) - Vehicle and equipment maker CNH Industrial on Tuesday resumed operations at four plants in Italy, a spokesman said, as the country moves towards lifting a nationwide lockdown aimed at curtailing the spread of the coronavirus pandemic. Rome has said it will allow factories and building sites to reopen from May 4 as it prepares a staged end to Europe’s longest coronavirus lockdown. However, some businesses deemed “strategic”, including export-oriented ones, were allowed to reopen sooner to reduce the risk of being cut out of the production chain and losing business, providing they get the go-ahead from local authorities and safety rules for workers are in place. CNH has resumed operations at its plants in Modena, which produces agricultural machines; Foggia, which makes engines; and at two facilities in Turin, which produce engines and parts for engines, the spokesman said. He said the group had sought
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