Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today the opening of a new store in Albert Lea, Minn.
This new Titan Machinery store will be representing the New Holland Brand in the market surrounding Albert Lea in Southern Minnesota and Northern Iowa.
According to David Meyer, Titan Machinery's chairman and CEO, "By opening a new store that is strategically located at the junction of major freeways I-35W and I-90 in Southern Minnesota, Titan Machinery enters into a new market that has consistently produced large industry unit sales, resulting from generations of prosperous farms that are operating on highly productive loam soils. We are excited about the long term growth opportunities in this excellent agricultural area."
Titan Machinery Inc., founded in 1980 and headquartered in Fargo, N.D., is a multi-unit business with mature locations and newly acquired locations. The company owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America. The Titan network consists of 73 dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska and Wyoming, including three outlet stores, representing one or more of the CNH Brands, Case IH, New Holland Agriculture, Case Construction, New Holland Construction, Kobelco and CNH Capital. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com.