Despite a revenue increase of 32% in its second quarter ended July 31, Titan Machinery (TITN), pressured by tight margins and farmer uncertainty caused by the widespread drought throughout the country’s major growing regions, saw its profits for the period fall by 17%. As a result, the company lowered its outlook for net income for the full-fiscal year.
Titan, which is Case IH’s largest ag equipment retailer, with 99 locations and two outlet stores in…
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.
