Articles tagged under: Titan Machinery
Titan Machinery Founders Heading to the HOF
Published January 19, 2024
Titan Machinery co-founders David Meyer and Peter Christianson will be inducted into the Farm Equipment Hall of Fame. West Fargo-based Titan Machinery was founded in 1980 and now has over 100 locations in the United States, Europe and Australia.Titan Machinery Adds New Dealership
Published January 12, 2024
Titan Machinery has acquired the assets of Scott Supply Company. That’s the Case IH and New Holland dealership in Mitchell, South Dakota. In the past year, this dealership had revenues of 40 million. Titan Machinery is based in West Fargo.Titan Machinery Participates in Investor Conference
Published January 10, 2024
The ICR investor conference in Orlando features companies representing everything from robotics to fast food. West Fargo-based Titan Machinery was on the stage Tuesday. A question came up about the right-to-repair legislation. President and Chief Operating Officer BJ Knutson said Titan…Titan Machinery Announces Record Quarter
Published November 30, 2023
West Fargo-based Titan Machinery is reporting record fiscal third quarter revenue of $694 million, up from $669 million a year ago. Equipment revenue is up $12.8 million year-over-year. Gross profit for the fiscal third quarter is reported at $138.3 million.Retirement Plans for Titan Machinery Co-Founder
Published October 19, 2023
Titan Machinery Chairman/CEO David Meyer will transition to executive chairman February 1, 2024. The current Chief Operating Officer Bryan Knutson will succeed Meyer as the company’s president and CEO at that time. In his role as executive chairman, Meyer will…Titan Machinery Announces 2Q Financials
Published August 31, 2023
Titan Machinery's second quarter revenue totaled $642.6 million, up nearly 30 percent from one year ago. Company officials said the growth was balanced across its equipment, parts and service business segments.Titan Machinery Expands Down Under
Published August 31, 2023
West Fargo-based Titan Machinery has entered into a purchase agreement to take over the largest Case IH dealership group in Australia. The price tag for the O’Connors dealership group is $63 million. This deal is expected to close before the end…1Q Revenues Up for Titan Machinery
Published May 25, 2023
For the first quarter, Titan Machinery had revenues of nearly $570 million. That’s up from $461 million in the same quarter of 2022. Titan Machinery Chairman and CEO David Meyer said the company’s agriculture business continued to drive growth due…Titan Machinery Expands
Published December 20, 2022
West Fargo-based Titan Machinery has an agreement to buy five Case IH agriculture dealerships in southeastern Idaho. The deal is expected to be finalized in February.