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Lack of Titling Opens Door to Business Fraud

Former dealer Lee Prunty paid a high price due to a fraudulent situation that he says could’ve been avoided entirely and could ‘still bite someone else again.’ Matthew Larsgaard, dealer association exec, adds his thoughts on lack of titling in farm machinery business.
By Mike Lessiter posted on May 24, 2022 | Posted in Manufacturer & Dealer Issues, Operations & Finance
“Your story should really be about how the sale of any motorized piece of farm equipment should have to have a title,” Lee Prunty told Farm Equipment in an October 2021 phone interview as Farm Equipment revisited the Walterman Implement mess 10 years after its in-depth coverage of how CNH and Titan Machinery unwound the infamous combine roll, bankruptcy and fraud mess left in Dike, Iowa.
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‘A Casualty’ of the Fed’s Prosecution of Leon Walterman

15 years after the unraveling of Walterman Implement, Farm Equipment interviews former Illinois dealer Lee Prunty who was sentenced as part of the landmark suit.
By Mike Lessiter posted on May 24, 2022 | Posted in Manufacturer & Dealer Issues, Operations & Finance, Dealer News, Manufacturer News
In late 2021, 10 years after its in-depth coverage of the 2005 unraveling of Walterman Implement’s (WI) infamous combine roll, bankruptcy and fraud mess left in Dike, Iowa, Farm Equipment reached out to dealers close to the WI situation in the early 2000s. More than one indicated they didn’t know whether what Lee Prunty, president/CEO of Walker-Schork International (WSI) initially got caught up in with Leon Walterman and WI was illegal — or ignorant.
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Case IH Dealer Network Series Update

Case IH Clears Air on ‘Brand Purity’ in Dealerships

<strong>Part 4</strong>: While stressing the term ‘brand alignment,’ Case IH dealer network execs open up about a lightning-rod issue — alternative brands in red dealerships — and what they say the spirit of their wording actually means.
By Mike Lessiter posted on February 26, 2018 | Posted in Manufacturer & Dealer Issues, Manufacturer News
Everyone who has ever taken the athletic field or courts has heard a coach bark these famous words ... “It’s not the size of the dog in the fight; it’s the size of the fight in the dog.”
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Kim Schmidt
From the Desk of Kim Schmidt

Deere, CNH Argue North Dakota Dealer Law is ‘Anti-Competitive’

By Kim Schmidt posted on March 20, 2017 | Posted in Manufacturer & Dealer Issues
It’s been just over a year since Case IH’s revised sales and service agreement was making waves. At that time, Matthew Larsgaard, president/CEO of the North Dakota Implement Dealers Assn., highlighted 11 provisions that represent major concerns in the agreement that dealers needed to be aware of. Since then, dealer purity issues haven’t been making much noise.
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Stories from Independent Farm Equipment Innovators, Episode 1

Stories from Independent Farm Equipment Innovators, Episode 1

This inaugural episode in plans for a new docuseries introduces father-son duo Ward and Marc McConnell who’ve led farm equipment manufacturer Art’s Way Manufacturing and other businesses. Filmed in Texas in 2017, this 13-minute video is one of 25 in-person interviews on the legacies of family-run equipment manufacturers collected over several years. This pilot is being early-released to mark the 1-year anniversary of Ward’s passing in May 2021.
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Yetter Farm Equipment

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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Montag Mfg

At Montag Mfg., we specialize in fertilizer equipment. Our complete fertilizer application system will help you start reaping the benefits of deep band fertilizer.
Machinery Scope

Machinery Scope

Machinery Scope offers premier risk management tools for farm equipment. We provide timely, personalized, and flexible solutions to protect more farm equipment investments than anyone in the industry. We add value and peace of mind when you are buying, selling, or managing your farm equipment by offering extended warranty plans.
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