Midwest Machinery Co., a John Deere dealership in central Minnesota announced it has finalized an agreement to acquire 2 multi-location John Deere dealerships: Frontier Ag & Turf and SEMA Equipment Inc.
Titan's operational improvements ranged from inventory management, cost reductions, footprint consolidation to a growing parts & service business resulting in near record profitability on mid-cycle sales levels.
H&R Agri-Power and Farmers Supply Company will be joining forces going into 2021. Both businesses have locations in Lawrenceburg, Tenn., and have similar missions of satisfying customer needs by supplying quality farm equipment while providing top-notch service and parts support after the sale.
Van Wall Equipment and the Van Houweling family have announced the purchase of the Horizon Equipment John Deere dealership locations in Adair, Audubon, Avoca, Manning, Missouri Valley and Woodbine, Iowa, from the Puck family.
In an environment marked by trade conflicts, the coronavirus outbreak and ongoing low commodity prices, North American agriculture has few assurances about what’s ahead. The one thing that the equipment distribution part the industry can count on is dealer consolidation.
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In this week's episode we look at how ag equipment manufacturers compare to other machinery sectors in their recovery. In the Technology Corner, Michaela Paukner looks at how the massive “all-in-one” machine by NEXAT handles every work step in production agriculture, including soil cultivation, sowing, crop protection and harvesting. Also in this episode: a number of dealers are making acquisitions in Dealers on the Move, Deere acquires battery technology provider Kreisel Electric and Ben Thorpe examines how the major OEMs' R&D expenses compare to their ag sales.