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Titan Machinery Inc.

 
Hoover's Company Profiles:

Titan Machinery Inc.

(NASDAQ:TITN)
Contact Information
Titan Machinery Inc.
644 East Beaton Dr.
Fargo, ND 58078-2648
ND Tel. 701-356-0130
Fax 701-356-0139

Type: Public
On the web: http://titanmachinery.com
Employees: 1,874
Employee growth: 25.7%

For getting the job done, Titan Machinery is one titanic dealer. Titan owns one of North America's largest full-service networks that supply construction and agricultural equipment. Its more than 80 stores sell and rent new and used machinery and attachments, parts, as well as service equipment. The company represents equipment by CNH's Case IH, New Holland Agriculture, Case Construction, and New Holland Construction. Titan offers excavators, seeders, tillers, and tractors to customers from large-scale farmers to home gardeners. Other products include earthmoving equipment and cranes, used for heavy construction and light industrial jobs, in commercial or residential building, roadwork, forestry, and mining.

Key numbers for fiscal year ending January, 2011:
Sales: $1,094.5M
One year growth: 30.5%
Net income: $22.3M
Income growth: 42.0%

Officers:
Chairman and CEO: David J. Meyer
President, CFO, and Director: Commercial & Industrial Equipment Rental & Leasing

Competitors:
Deere
RDO Equipment

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