Continental, the technology company and manufacturer of premium tires, is expanding their production facilities in Lousado, Portugal, with investments totaling around €100 million The new capacity will be used for the production of radial Earthmoving and Port tires with a diameter larger than 24 inches.
Ohio Ag Equipment announces its intent to acquire the Huron County AGCO dealer, North Central Ag, LLC, on the target date of June 22, 2019. The acquisition of North Central Ag will strengthen Ohio Ag Equipment’s ability to service the ag industry by providing customers in north central Ohio with an exceptional line of equipment and product support.
Papé Machinery Agriculture & Turf, a John Deere dealership with locations in California, Washington, Oregon and Idaho, purchased Team Power, a John Deere dealership based in California. The acquisition is effective May 31, 2019.
Allis Roller and HCC Inc., have begun a joint venture in Brazil. The new operation, called Allis Roller HCC, will focus primarily on serving major agricultural equipment manufacturers operating in South America, with the potential to expand into other industries.
With the acquisition, it will add 4 new stores in Minnesota including Warren, Thief River Falls, Mahnomen and Baudette. True North will have 8 retail locations in Minnesota and North Dakota following the acquisition.
Prairieland Partners, LLC has entered an agreement to purchase O'Malley Equipment Company pending John Deere approval. The dealership will have 15 locations once the acquisition is finalized in June of 2019.
Family-owned New Holland dealer Ellens Equipment is opening its second location in Ithaca, Mich. The Ithaca location is includes a 23,094 square foot building and a 4 acre lot and is the site of a former grocery store.
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In this week’s episode we discuss Titan Machinery’s renewed focus on acquisitions in the U.S., one annalist’s take on how Blue River Technology could redefine farmer input costs, a double-digit drop in farmer sentiment and mixed results in large ag equipment sales during May. In the Technology Corner, we take a look at how dealers are shifting the way they bill service support.
Learn actionable sales strategies from the most influential “Dealership Minds” in the industry — of every color, size and experiences — during this one-of-a-kind event July 30-31 in Peoria, IL. You’ll discover leading dealer-to-dealer sales strategies during this 2-day networking and idea sharing event.