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Articles Tagged with ''agri-service''

On the Record

Dealer Association Consolidation Continues

By Kim Schmidt posted on August 6, 2015
In today’s newscast we look at more consolidations among equipment dealer associations, Jon Kinzenbaw’s contribution to the farm equipment industry during the past 50 years, a surge in farm operating loan volumes, the value of UAVs and the second quarter results from CNH Industrial and AGCO.
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The Next Generation

Exploring the Possibilities of Employee Stock Ownership Plans

Along with playing a role in establishing a succession plan, ESOPs offer a range of other benefits for dealer-principals and their employees.
By Dave Kanicki posted on March 12, 2015 | Posted in Operations & Finance, Dealer Succession

Farm equipment dealers who are looking to establish a succession plan for their companies to ensure their dealerships remain viable business entities, whether or not they remain at the helm of the company, are taking a close look at the potential role that an Employee Stock Ownership Plan (ESOP) could play in the process.


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Clint Schnoor

[Webinar] Is an ESOP Right for Your Dealership?

July 16, 2014 | Posted in Dealer Succession
Clint Schnoor is the president of Agri-Service, a 10-store AGCO dealership based in Idaho. In this webinar, Schnoor explains the pros and cons of employee ownership, the cultural and operational changes involved and share solid advice based on his experience going through the change in ownership structure. [To view any of our webinar replays, you must be logged in with a free user account.]
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Special Report: Transitioning to the Next Generation of Dealers

Overcoming Skepticism

By Farm Equipment Staff and Clint Schnoor posted on June 1, 2014 | Posted in Dealer Succession
Prior to coming to Agri-Service, I worked in operations for a very large mortgage banking and real estate company for several years. The founder of Agri-Service, Cleve Buttars, is my father-in-law and we compared notes regularly as his company grew and the company I worked for also grew considerably. We always talked about the opportunity for me to come and work for him. In fact, he recruited me on several occasions and I told him no quite a few times because I was happy with what I was doing.
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Employee Ownership (ESOPs)

Clint Schnoor, Chief Operating Officer and Director, Agri-Service Inc.
March 13, 2013 | Posted in Dealer Succession
Agri-Service's Clint Schnoor walked attendees through the nuts-and-bolts of the Employee Stock Ownership Plan (ESOP) structure. Schnoor, who is president of an ESOP association, explained that ESOPs are qualified retirement plans designed to own the stock of the sponsoring company. Agri-Service, a 9-store AGCO group, was founded in 1990 and moved to an ESOP in 2010. In effect, all 170 employees are now "owners."?
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Yetter Farm Equipment

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.
Machinery Scope

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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.
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Finance Scope

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.
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