CNH ($10 bn turnover in 2000), Italian-American agricultural machines and heavy equipment for public works group, held to the tune of 84% by FIAT, has announced the conclusion of a global alliance with the Japanese steel manufacturer KOBE STEEL in the public works sector. According to CNH, the agreement concerns the "sale, development and production of crawler excavators" in Asia and North America. CNH will take a 20% stake (that could climb to 35%) in KOBELCO CONSTRUCTION MACHINERY, public...