On Thursday, July 18, 2019, Ag Equipment Intelligence incorrectly reported that Thurston Manufacturing and its line of Blu-Jet agricultural equipment had been acquired by Unverferth Manufacturing for $7,560,000.
It has been brought to our attention that Thurston Manufacturing has not been acquired by Unverferth Manufacturing for any amount previously stated or otherwise. The purchase in question by Unverferth Manufacturing applied only to Thurston’s line of Blu-Jet agricultural equipment. Thurston Manufacturing has not been sold and remains its own business.
Additionally, the purchase of the Blu-Jet line by Unverferth Manufacturing was completed for $7.56 million plus inventory, where “plus inventory” had been incorrectly left out.
We at Ag Equipment Intelligence apologize for the error and for any confusion caused.