Titan Machinery Agrees to Buy Western Plains
Titan Machinery Inc., Fargo, ND, has agreed to acquire Western Plains Machinery Co., and WP Rentals consisting of nine construction equipment locations in Montana and Wyoming. The acquisition will expand Titan's footprint into those two states.
In its most recent fiscal year ended December 31, 2007, Western Plains Machinery and WP Rental generated revenues of $48.9 million.
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in North America. The current Titan Machinery network consists of 60 dealerships in North Dakota, South Dakota, Minnesota, Iowa and Nebraska, including two outlet stores. ...
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