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.
The most recent bankruptcy petition released earlier this week shows the selling price for Blu-Jet came in at $7,560,000. The purchase is expected to close by Aug. 2, 2019, and no later than Aug. 21, 2019.
Unverferth Manufacturing Co. Inc. has announced its intent to purchase the Blu-Jet equipment assets including the wide variety of fertilizer application and tillage products from Thurston Manufacturing Co., Thurston, Neb.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.