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Titan closes deal for Iowa dealership

  • Listed: December 2, 2011 3:51 pm

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WEST FARGO, N.D. (AP) — Titan Machinery Inc., an agriculture and construction equipment dealership chain, said Friday that it closed on its acquisition of Jewell Implement Company Inc., which includes one Case IH agriculture equipment dealership in Jewell, Iowa. Financial terms were not disclosed. West Fargo, N.D.-based Titan said Jewell Implement is located in the farmland of Central Iowa and fits in well with Titan’s existing dealerships in Iowa. In its last fiscal year, Jewell posted revenue of about $9.8 million. In morning trading, Titan shares rose 44 cents, or 2 percent, to $22.18. on Twitter, become a fan on What do you think? Is Cyber Monday a good business model?…

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