Raven Industries and SST Software announced that the farm equipment companies would build on their strategic alliance, with Raven buying a minority ownership position in SST.
According to a November posting by Paul Schrimpf, editor of PrecisionAg.com, months of rumors about an impending alliance between the two firms finally came to fruition.
During the next 3-5 years, Cleve Buttars, CEO & owner of Agri-Service, an 8-store dealership with locations across Idaho, Northern Utah, and Eastern Oregon, sees many changes in the retail distribution of farm equipment.
Despite the collapse of Russia’s economy last year, which took its booming ag industry with it, farm equipment manufacturers are hustling to stake their claim in this enormous, and largely behind-the-times, market.
Titan Machinery (NASDAQ:TITN) announced today that it has closed on the previously announced acquisition of Jewell Implement Company, consisting of one Case IH agriculture equipment dealership located in Jewell, Iowa.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.