Titan Machinery Inc, a network of full-service agricultural and construction equipment stores, announced it has entered into definitive purchase agreements to acquire Heartland Ag Systems, Heartland Solutions and related affiliates.
Last Friday’s “On the Record” broadcast from Ag Equipment Intelligence(AEI) featured an interview with Kim Rominger, president/CEO of the “new” North American Dealers Assn. (NAEDA) formed on July 1. A view of Rominger’s office prompted a late-night memory of a conversation and personal trivia Rominger shared with me 15 years or so ago (and perhaps now wishes he hadn’t).
By now, you’re aware of the Dealership Minds Summit (DMS) that’s taking place this summer in Iowa City. What may be less familiar is the annual conference for farmers that commences as soon as the Summit wraps up.
15 years after the unraveling of Walterman Implement, Farm Equipment interviews former Illinois dealer Lee Prunty who was sentenced as part of the landmark suit.
In late 2021, 10 years after its in-depth coverage of the 2005 unraveling of Walterman Implement’s (WI)infamous combine roll, bankruptcy and fraud mess left in Dike, Iowa, Farm Equipment reached out to dealers close to the WI situation in the early 2000s. More than one indicated they didn’t know whether what Lee Prunty, president/CEO of Walker-Schork International (WSI) initially got caught up in with Leon Walterman and WI was illegal — or ignorant.
Acme Tools has closed on an asset purchase agreement with Titan Machinery to acquire the new assets for Kubota, Cub Cadet, Grasshopper and Woods products from Fargo Tractor.
Revenue for the fiscal year 2022 increased 21.3% to $1.7 billion for fiscal 2022. Net income for fiscal 2022 was $66 million, or $2.92 per diluted share, compared to $19.4 million, or $0.86 per diluted share, for the prior year.
According to Case IH dealer Titan Machinery's fiscal year 2022 earnings report released March 24, Titan has entered into a definitive purchase agreement to acquire the assets of 2-store Case IH dealer Mark's Machinery in Wagner and Yankton, S.D.
Torgerson’s announced its acquisition of the 4 Titan Machinery Case Construction dealerships in Billings, Belgrade, Missoula, Great Falls, Mont., and one dealership in Gillette, Wyo.
Dave McCarthy, southwest regional manager, aims to visit 10-15 high schools per semester to recruit high school students for local diesel tech programs and future careers at Titan Machinery.
If he could find them, Dave McCarthy, Titan Machinery’s southwest regional manager, could easily hire as many as 40 experienced service technicians for the 16 stores he oversees.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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.
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