Titan Machinery
Titan Machinery Inc. is one of the largest dealers of agricultural and construction equipment and the largest dealer for the CNH Industrial brands (Case IH, Case CE, New Holland Agriculture, New Holland Construction) in the world. It is based in West Fargo, North Dakota and has locations throughout the Midwestern United States, Australia, Austria, Bulgaria, Germany, Romania and Ukraine. The company is publicly traded on NASDAQ using the symbol TITN. As of 2023, the company reported a total revenue of US$2.209 billion. History
Titan Machinery was founded in 1980 by its long-time CEO David Meyer and a partner. They started the company with two dealerships in Wahpeton, North Dakota and Lisbon, North Dakota. By 2003 Titan had grown to 13 dealerships. In December 2007 Titan Machinery was taken public with 34 dealerships and US$300 million in revenue at the time. In late 2011 Titan Machinery expanded into Eastern Europe with its purchase of two Case IH dealerships in Bucharest and Timișoara, Romania. In February 2012 the company acquired seven dealerships in Bulgaria and one dealership in Serbia in December 2012. After receiving approval from CNH Industrial, Titan Machinery opened its first dealership in Vinnitsa, Ukraine on February 18, 2014. Following declining revenue in its agricultural equipment business, Titan closed 3 stores in South Dakota and Wyoming in March 2015 and reduced its workforce by 14% through layoffs, store closings and open positions not being filled. On April 30, 2018, Titan Machinery announced its acquisition of Agram Landtechnikvertrieb GmbH and its 5 Case IH dealerships in Mecklenburg-Vorpommern, Brandenburg and Saxony in Germany. In August 2023 the company announced its strategic acquisition of J.J. O’Connor & Sons Pty. Ltd. (“O’Connors”), the largest Case IH dealership group in Australia, for US$63 million. O'Connors has 15 dealership locations in the southeastern regions of Victoria, New South Wales, and South Australia. In October 2023 Titan informed its shareholders, that the long-time CEO David Meyer will take on the role of executive chairman and be succeeded as CEO by the current COO Bryan Knutson, effective February 1, 2024. As of January 31, 2023, Titan Machinery operates a total of 123 dealerships worldwide. 86 of these dealerships are in the United States, located in Colorado (3 locations), Idaho (1 location), Iowa (15 locations), Kansas (1 location), Minnesota (16 locations), Missouri (1 location), Montana (1 location), Nebraska (16 locations), North Dakota (16 locations), Washington (1 location), Wisconsin (2 locations), Wyoming (1 location) and South Dakota (12 locations), as well as 37 European dealerships in Bulgaria (7 locations), Germany (7 locations), Romania (14 locations) and Ukraine (9 locations) and a European headquarters at the Vienna airport. References

External links
Official website

Companies listed on the Nasdaq
Companies based in Fargo–Moorhead
Agriculture companies of the United States
American companies established in 1980
Retail companies established in 1980