Along with its second quarter earnings report released this morning, Titan Machinery also announced it has acquired another dealership.
According to the release, on Aug. 29, 2014, Titan acquired certain assets of a Case IH dealership consisting of one agriculture equipment store in Wayne, Neb., which expands the company’s agriculture presence in the state.
In its most recently reported fiscal year, Midland Equipment Inc. generated revenue of approximately $4.5 million.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
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