Dealer News

Titan Machinery, dealer for Case IH and New Holland, turned in a strong performance for the quarter ending April 30.

Revenue in Titan’s ag segment was up by nearly 9 percent during the first quarter compared to the same quarter last year.

Mark Kalvoda, Titan’s CFO, said the retirement of a senior convertible note principal balance makes this a good time for Titan to pursue farm equipment dealer acquisitions.

“We believe there’s a lot of opportunity, particularly on (the) domestic ag side, and (with) the length of this trough cycle that we have been in…There are good opportunities to go out and get some good quality acquisitions done on the ag side,” he said. “We are focused on that, and this is at the top of our list from a priority standpoint in regard to capital allocation.”

Titan Machinery operates a network of 74 North American heavy equipment dealerships, 48 of which sell farm machinery and 26 construction.


Papé Machinery Agriculture & Turf, a Deere dealership with locations in California, Washington, Oregon and Idaho, purchased Team Power, a Deere dealership based in California. The acquisition was effective May 31. With this acquisition, Papé Machinery Agriculture & Turf has 22 locations throughout the West.


Pattison Agriculture, a Deere dealer, has opened its newest location in Leader, Sask. The new space includes a 9,600 square foot showroom, 8,400 square foot service shop, a parts warehouse and offices.


CLAAS dealer Whayne Supply has opened its newest facility in Columbia, Ky., in south-central Kentucky. The dealership serves customers at 17 locations across Kentucky and southern Indiana. CLAAS and Whayne Supply have been in partnership since 1998.


Ohio Ag Equipment has acquired North Central Ag, LLC, an AGCO dealer in Huron County, Ohio. All equipment sales, parts sales and service will continue out of the New London, Ohio location.


Sources: Ohio Ag Net, Farm Equipment

Titan Machinery, dealer for Case IH and New Holland, turned in a strong performance for the quarter ending April 30.

Revenue in Titan’s ag segment was up by nearly 9 percent during the first quarter compared to the same quarter last year.

Mark Kalvoda, Titan’s CFO, said the retirement of a senior convertible note principal balance makes this a good time for Titan to pursue farm equipment dealer acquisitions.

“We believe there’s a lot of opportunity, particularly on (the) domestic ag side, and (with) the length of this trough cycle that we have been in…There are good opportunities to go out and get some good quality acquisitions done on the ag side,” he said. “We are focused on that, and this is at the top of our list from a priority standpoint in regard to capital allocation.”

Titan Machinery operates a network of 74 North American heavy equipment dealerships, 48 of which sell farm machinery and 26 construction.