While consolidated revenue for 2QFY24 increased 29.4% year over year and Ag segment revenue grew 34.4%, the company maintained its FY24 guidance that the Ag segment would be up 20-25% year over year.
Titan Machinery announced it has entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons Pty. Ltd., the largest Case IH dealership group in Australia, for $63 million in cash.
The former Midwest Truck Parts store in Dawson, Minn., helps Titan Machinery fill a gap in coverage for area farmers. The location will carry Case IH products.
The company is off to a strong start to the 2024 fiscal year according to David Meyer, chairman and CEO. He added that the ag segment continues to drive growth.
As the NCAA’s wrap up and baseball’s opening days take place this week, we went to farm equipment leaders about the lessons learned from their sport-playing “glory days.”
Farm Equipment editors encounter a variety of articles, social media posts, podcasts and videos that offer a unique look at various aspects of our great farm machinery industry. Here is our favorite content from the past week. The Best of the Web This Week series is brought to you by CLEANFIX.
Farm Equipment editors encounter a variety of articles, social media posts, podcasts and videos that offer a unique look at various aspects of our great farm machinery industry. Here is our favorite content from the past week. The Best of the Web This Week series is brought to you by CLEANFIX.
The Dec. 20, 2022 announcement that Titan Machinery had acquired Pioneer Farm Equipment’s 5 Idaho locations reminded Farm Equipment editors of some previous coverage of a presentation given by Herman Wilson, retired owner of Pioneer, back in 200
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.