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A Historical Perspective: Benchmarking Seven Decades of Dealer Data

June 11, 2015 | Posted in Data & Forecasts, Operations & Finance
While Farm Equipment’s special report on dealers cost of doing business, which appeared in its June 2015 issue, covers the period of 1970 through 2014 in 5-year increments, the data actually goes all the way back to 1947. The following charts track four of farm equipment dealers’ financial measurements for the 11 year period between 1947-1957.
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Cost of Doing Business: Why Ag Parts Sales Differ from Other Industries

June 11, 2015 | Posted in Data & Forecasts, Department Management

While some farm equipment dealers have managed to attain 100%-plus parts and service absorption rates, the industry as a whole only achieves about a 62% rate, according to the 2014 Western Equipment Dealers Assn.’s Cost of Doing Business study. The industry’s benchmark for absorption is 80%-plus. At the same time, ag equipment dealers are often compared to construction equipment and other dealers who handle heavy equipment and typically achieve higher absorption rates.


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Titan Machinery Announces Fiscal 1Q Results

May 28, 2015 | Posted in Data & Forecasts, Dealer News
Source: Titan Machinery Press Release
For the first quarter of fiscal 2016, revenue was $353.2 million, compared to $465.5 million in the first quarter last year. Equipment sales were $245 million for the first quarter of fiscal 2016, compared to $345 million in the first quarter last year.
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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.

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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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At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
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