Titan Machinery

#7162

Rank

$455.46M

Marketcap

United States

Country

Leadership team

Mr. David Joseph Meyer (Co-Founder, Chairman of Board & CEO)

Mr. Bryan J. Knutson (Chief Operating Officer)

Mr. Mark P. Kalvoda (Advisor)

Products/ Services

Agriculture, Construction, Machinery Manufacturing

Number of Employees

1,000 - 20,000

Headquarters

West Fargo, North Dakota, United States

Established

1980

Company Registration

SEC CIK number: 0001409171

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

TITN

Social Media

URL

https://www.titanmachinery.com

Overview

Location

Recognition and Award

References

Summary

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments: Agriculture, Construction, and International. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, road and highway construction machinery, and energy and forestry operations equipment. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; and Bulgaria, Germany, Romania, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

History

Titan Machinery was founded in 1980 by the Family Farm Partnership and began with a single store in the state of Iowa. Today, the company has grown to more than 92 locations in 14 states and 4 countries. The company offers a wide range of equipment and services including sales, parts, service, and rental of agricultural and construction equipment. Titan Machinery's mission is to provide superior products and services to meet the needs of its customers.

Mission

To be the trusted and preferred resource for reliable agricultural and construction equipment, parts, and service while providing comprehensive support to our customers.

Vision

To be the most successful and respected farm and construction equipment dealer worldwide.

Key Team

Mr. Robert Larsen (CFO & Treasurer)

Mr. Jason Anderson (VP of HR & Admin.)

Mr. Steve Noack (Gen. Counsel, Compliance Officer & Corp. Sec.)

Mr. Ray Ochsner (Chief Strategy Officer)

Mr. Jeff Bowman (Chief Experience Officer)

Recognition and Awards

Titan Machinery has received multiple awards, including being named to the 2012 Business Journal’s Fast Fifty List for fastest growing companies, and being a two-time recipient of the Ag Equipment Dealer of the Year Award from Farm Equipment Magazine.