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Slide #21. Titan Machinery Inc. — Tucson Tractor Company
Titan Machinery Inc. (NASDAQ:TITN)
Tucson Tractor Company
Titan Machinery Inc. (NASDAQ:TITN) announced today that it has acquired Tucson Tractor Company, consisting of one Case Construction equipment dealership located in Tucson, Arizona.
Titan Machinery owns and operates a network of agricultural and construction equipment stores in the U.S and Europe. Co. operates its business in three segments, Agriculture, Construction and International, within which it engages in four principal business activities: new and used equipment sales, whereby it sells new agricultural and construction equipment; parts sales, whereby it maintains a parts inventory to provide parts and repair and maintenance support to its customers; equipment repair and maintenance services, whereby it provides repair and maintenance services for its customers' equipment; and equipment rental and other activities, whereby it rents equipment to its customers.
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Strong Buy (3.50 out of 4)