Dealer News:
Earnings Reports, Merger, Grand Opening

Heartland Ag in Ames, Iowa, and AG Systems in Hutchinson, Minn., have merged effective March 1. Combined, they become Case IH’s largest North American commercial application equipment distributor. The new organization has nine locations and covers Nebraska, Kansas, Iowa, Missouri, North Dakota, South Dakota, Minnesota, Wisconsin, and parts of Colorado, Wyoming, and Michigan. The combined entity will be called Heartland AG Systems. — Source: Crop Life Magazine

Rocky Mountain Dealerships Inc., has reported its financial results for the last quarter and year ended Dec. 31. Amounts are expressed in Canadian dollars.

For the year, Rocky Mountain reported record sales of $1.05 billion—a 9.6 percent increase over 2017, reflecting growth in both same-store and acquired sales. Gross profit increased by 1.5 percent over 2017.

For the quarter, sales increased by 7.9 percent compared to the same quarter in 2017. Gross profit increased by 4.8 percent for the same period the previous year.

Cervus Equipment has reported that its ag machinery sales for 2018 rose by 11 percent over 2017. This was a record for its agriculture segment.

New equipment sales were up 10 percent, and used equipment sales increased by 19 percent. Total equipment revenue was up by 13 percent for the year. — Source: Ag Equipment Intelligence

TriGreen Equipment recently celebrated the grand opening of its new Deere dealership in Cullman, Ala. In addition to the new Cullman location, TriGreen has 20 other dealerships in Alabama, Tennessee, and Mississippi. — Source: The Cullman Times