Items Tagged with 'Titan Machinery'

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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.
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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Titan Machinery Reports FY22 Revenue Up 21%

Revenue for the fiscal year 2022 increased 21.3% to $1.7 billion for fiscal 2022. Net income for fiscal 2022 was $66 million, or $2.92 per diluted share, compared to $19.4 million, or $0.86 per diluted share, for the prior year.
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SPECIAL REPORT: Technician Shortage

Titan Machinery Takes Grassroots Approach to Technician Recruitment

Dave McCarthy, southwest regional manager, aims to visit 10-15 high schools per semester to recruit high school students for local diesel tech programs and future careers at Titan Machinery.

If he could find them, Dave McCarthy, Titan Machinery’s southwest regional manager, could easily hire as many as 40 experienced service technicians for the 16 stores he oversees.


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Titan Machinery Reports 3Q22 Revenue Up 36.9%

David Meyer, Titan Machinery's chairman and chief executive officer, stated, "The ongoing strength of the broader agriculture sector continues to fuel demand for equipment across our business and equipment revenue grew 37% on a consolidated basis in the third quarter."
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IMAGE GALLERIES

Dike Iowa (March 9, 2011)

During Dave Kanicki's visit to Titan Machinery’s Grundy Center, Iowa, store on March 9, it was obvious that a lot of forethought and planning went into the facility.

David Meyer, Titan’s chairman & CEO, says the building was designed to emphasize the company's parts and service business.

Store manager Troy Price says the tiered back lot of the  dealership is something he’s not seen at any other farm equipment dealership. With this arrangement, the front row of equipment on display is at normal ground level, but the back row is elevated so that the machinery in both rows is easily viewed from a single vantage point.

Another innovation at the Grundy Center location is the expo room and training center located just off the dealership’s showroom. In addition to staff training in the classroom and a place to display “big” equipment, the training and expo areas are also used by community groups for a variety of meetings and other evening functions. The Titan dealership has become Grundy Center’s meeting place.

The following photos show many of the unique attributes of the Titan Machinery dealership. By the way, the last two photos are of happy Titan Machinery customers of the Grundy Center store.

Dealership of the Year Hall of Honors

Walk through the history of Farm Equipment's Dealership of the Year recipients.

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