SOURCE: CNH Capital

January 16, 2007 13:14 ET

Putzmeister America, Inc. Teams Up With CNH Capital to Offer Putzmeister Advantage Plus

RACINE, WI -- (MARKET WIRE) -- January 16, 2007 -- Putzmeister America, Inc. has joined forces with CNH Capital, the financial services business of agricultural and construction equipment maker CNH Global N.V., to offer Putzmeister Advantage Plus -- a dedicated line of credit that Putzmeister customers can use for their day-to-day parts, service and accessory purchases.

"CNH Capital is a perfect fit for us," says Matthias Heinz, Vice President Finance and CFO of Putzmeister America, Inc. "CNH Capital has a solid understanding of our customer base and our industry, and we are confident that the Putzmeister Advantage Plus account will enrich our customers' parts and service experience."

Putzmeister Advantage Plus will be offered to the company's approximately 25 distributors and 400-plus customers throughout the U.S. and Canada. Following are just a few of the many benefits of Putzmeister Advantage Plus:

--  Extremely Flexible Repayment Terms. As an account holder, Putzmeister
    customers will have an easy to use credit line and a minimum 25-day grace
    period. No interest is charged if the balance is paid in full every month,
    or customers may choose to pay as little as 3% of the balance to optimize
    cash flow.
    
--  Eligibility for Special Quarterly Promotions. Putzmeister will offer
    unique promotional programs each quarter. The first promotion will be
    offering no payments and interest for 90 days with purchases over $1,000
    for qualified account holders. This promotion will run through the end of
    March.
    
--  Easier Monthly Account Administration. Account holders receive a
    detailed monthly statement and have the ability to track their Putzmeister
    parts and service purchases and account status online.
    
--  Enhanced Customer Support. Enrolling in Putzmeister Advantage Plus is
    another way to enrich the Putzmeister parts and service experience. In
    addition to excellent support from Putzmeister, customers will enjoy
    superior service from CNH Capital.
    
Don Pralle, Senior Director of CNH Capital, will be on hand at Putzmeister's booth C5744 at this year's World of Concrete, Jan. 23-26 in Las Vegas, Nevada, to provide customers with an in-depth overview of CNH Capital and the benefits of Putzmeister Advantage Plus.

"We are delighted to be working with Putzmeister -- a company that stands for quality, innovation and unparalleled customer service," says Pralle. "These same principles have guided CNH Capital's success for the past 50 years. It's no wonder that both firms have found this to be the perfect match."

About Putzmeister America, Inc.

A division of one of the world's most well recognized and respected heavy equipment manufacturers, Putzmeister AG, Putzmeister America, Inc. offers a complete line of truck-mounted concrete boom pumps, separate placing booms, truck-mounted telescopic conveyors, and trailer-mounted concrete pumps as well as mortar, grout, shotcrete, plaster and fireproofing pumps and mixers, industrial pumps, high-pressure cleaning, hydrodemolition equipment and related personal protective gear, and tunneling machinery.

For more details, contact Putzmeister America, Inc. toll-free at (800) 884-7210, (262) 886-3200 or visit the company's web site at www.putzmeister.com.

About CNH Capital

CNH Capital, the financial services business of CNH Global N.V. (NYSE: CNH), provides a comprehensive range of services, including wholesale and retail financing, leasing, insurance, asset management, and revolving lines of credit, for the global marketplace. Building on 50 years' experience in the equipment finance industry, CNH Capital services a portfolio of more than $13 billion, helping customers through various wholly owned subsidiaries and joint ventures throughout North America, Latin America, Europe and Australia. More information about CNH Capital can be found at www.cnhcapital.com.

Contact Information

  • For more information, contact:
    Ben Sterling
    CNH Capital
    Email Contact
    (262) 636-6949