A farm implement dealer that has been in business for more than four decades has sold its Paris, Martin and Union City, Tenn., locations to another West Tennessee company.
Vincent Implements, has been sold to Tennessee Tractor and has begun doing business under its new name.
Jay Adamson, president of Alamo-based Tennessee Tractor, said Thursday that his company bought all three Vincent Implements stores.
"The (Vincent) family was looking to get out of the business and approached us," Adamson said.
Vincent Implements had been in business for 46 years.
"This lets us take advantage of having lower operating expenses and more inventory to pull from," Adamson said of his company's expansion.
Tennessee Tractor, begun in 1998, is a John Deere dealer. It sells John Deere agricultural equipment as well as commercial and consumer equipment, such as lawn mowers.
The store will also carry Picon hay line equipment and will be a Valley irrigation dealer.
Adamson said the Paris location will have 10 full-time employees most of the time — three in sales, two in the parts department and five in the service department.
Mitch Hobby will be the general sales manager and will be overseeing the three stores acquired from Vincent Implements.
Tennessee Tractor now has nine locations in West Tennessee. In addition to the new ones in Paris, Martin and Union City, there are stores in Alamo, Jackson, Trenton, Brownsville, Ripley and Dyersburg.