Titan Machinery Inc. (NASDAQ:TITN) announced today that it has entered into a definitive agreement to acquire the business of AgroExpert, which consists of two Case IH agriculture equipment dealerships, located in Bucharest and Timisoara, Romania.
Titan's announcement this morning that it has acquired a Case IH dealership in Romania was covered in the September 2011 issue of Ag Equipment Intelligence.
Titan Machinery, the dealership that took over operation of the former Walterman Implement, plans to vacate the Dike, Iowa, location and build a new facility in nearby Grundy Center.
From the Wall Street Journal down to Internet chat rooms, there was a lot of buzz and speculation when Walterman Implement was shut down with no warning--at least no warning to the employees or the small Iowa community of Dike, Iowa.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
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