Titan Machinery Acquires Dealership: Valley Equipment, Inc.

FARGO, N.D.--Titan Machinery Inc. announced today that it has entered into a definitive asset agreement to acquire the assets of Valley Equipment, Inc., a Case IH brand agriculture equipment dealership in Mayville, North Dakota. The acquisition is expected to close on June 30, 2009.

Located in the Red River Valley, Mayville is a progressive agricultural community with highly productive soils. Valley Equipment is strategically located between Titan Machinery’s Grand Forks and Arthur stores. In its most recently reported fiscal year, Valley Equipment generated annual revenues of $2.6 million.

David Meyer, Titan Machinery’s Chairman and CEO, said, “We are excited to bring the Titan Machinery operating model to the Mayville dealership. With its location in some of the best farmland in North America, Valley Equipment has excellent industry potential and experienced and knowledgeable employees. We expect to make an immediate impact in this market with our full line of Case IH equipment and believe that this will be an excellent addition to our network.”

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | New Car and Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/

*