Jost is paying €154.6 million ($168 million) — said to be equivalent to an enterprise value of €250 million ($272 million) — for Ålö and its global tractor loader operations for which a world market share of around 30% is claimed.
Like other equipment dealers in the North Central U.S. and Western Canada, the late spring impacted Titan Machinery’s fiscal year 2019 first quarter sales.
Farm and commercial grain storage equipment manufacturer Ag Growth International lived up to its name in 2017 by recording increased sales and profitability as the farm sector in North America improved and the Canadian group continued to gain ground in export markets further afield.
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.