Toll Free: (800) 328-5866. Company Snapshot MN hint: false, _mnisq.push(["domain","business.explorehutchinson.com"],["context",299],["member",1654],["max",20],["rotate",1],["maxWidth",1800],["maxHeight",288],["create","mn-banner"]); About Us // Don't rely on prior locally cached data when the category is changed. display: 'Name', }); MNI.openNewWindow : MNI.redirectTo; Titan Machinery's highly synergistic footprint in the Upper Midwest instantly improves access to parts and service for the commercial application customers and is expected to provide additional growth beyond the formal synergies outlined today. For over50 years, weve been building our application expertise and intelligent intuition so wecanprovide theverybest for our customers real-time solutionsno matter what challenges the season brings. var categoryId = $('#catgId').val(); 800.779.7979 + Hours; Marshall. These and other risks are more fully described in Titan Machinery's filings with the Securities and Exchange Commission, including the Company's most recently filed Annual Report on Form 10-K, as updated in subsequently filed Quarterly Reports on Form 10-Q, as applicable. Fiscal 2023 Modeling AssumptionsThe following are the Company's current expectations for fiscal 2023 modeling assumptions, which reflect the partial year accretion of the Transaction. | Gallery Image Case%20IH%20Floaters.JPG Heartland is well diversified with a strong parts & service business that represents approximately 30% of full year 2021 revenues and generated pre-tax margins of 4.2%, presenting a similar profile to that of Titan Machinery's existing business. We live, breathe, eat, and sleep every step of the application business(More), Every day at Heartland AG Systems, we dedicate ourselves to protecting your uptime. Here to handle any challenge the application season brings. We are Heartland AG Systems. 800.328.5866 + Hours; Ames. There are no changes to the Company's outlook or underlying assumptions beyond the expected accretion from the Transaction. $('#gz-info-calendarformat').modal('hide'); e.preventDefault(); else { At Heartland AG Systems, application is not just what we do, its in our very DNA. .html(r); Dealers on the Move is brought to you by Pinion. $('.gz-directory-contactrep').click(function (e) { } }); Heartland is well diversified with a strong parts & service business that represents approximately 30% of full year 2021 revenues and generated pre-tax margins of 4.2%, presenting a similar profile to that of Titan Machinery's existing business. Proper winterization and storage of m(More), Redesigned from the ground up, 3 new models offer productivity-enhancing features and exceptional operator environment. Email For the latest news on dealer growth, including acquisitions, consolidations and new locations, visit our Dealers on the Move feed. $.ajax({ url: MNI.BaseUrl + '/inforeq/contactFriend?itemType='+MNI.ITEM_TYPE+'&itemId='+MNI.ITEM_ID }) Salary information comes from 50 data points collected . limit: Infinity, else { Design, CMS, Hosting & Web Development :: ePublishing, For the latest news on dealer growth, including acquisitions, consolidations and new locations, visit our. datumTokenizer: Bloodhound.tokenizers.whitespace, In the full year period ended December 31, 2021, Heartland generated revenue of $213.9 million and EBITDA of $15.3 million. Your application business. the most innovative design in the industry. | Heartland has exclusive distribution agreements across 17 midwestern and northwestern states, supported by 12 retail stores, six of which are within Titan Machinery's existing Agriculture footprint, as well as Agriculture and related commercial application equipment manufacturing at their Hutchinson, MN headquarters. case 3: // AutocompleteSearchResultType.Member if (isListView) $('.gz-view-btn.gz-list-view').click(); Investor Relations Contact:ICR, Inc.Jeff Sonnek, jeff.sonnek@icrinc.com646-277-1263. 8 Reviews 50 Salaries 15 Q&A Interviews Photos Want to work here? Heartland AG Systems is located on Highway 7 approximately 1.5 miles east of the Highway 7 and Highway 15 intersection on the south side of the highway. $('#gz-info-calendarformat .modal-backdrop').addClass('in'); $.ajax({ $('#category-select').change(function () { Built for faster unload times, better product flow and enhanced safety, this line of tenders features up to 50 angled hopper bottoms, 270 swivel auger and 360 solutions you can rely on load after load. These reconciliations are attached to this release. Parts & Service growth opportunity provides additional driver of same-store sales growth - Customer service and distribution is maximized at the local level. doAction(location); $('.member-typeahead').typeahead({ Share 1180 State Hwy 7 East. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com. Used Floaters Used Sprayers Used AGCO Used Case IH Used RBR Enterprises Page:0 Reset Page:0 Hutchinson 1180 State Hwy 7 East Hutchinson, MN 55350 Toll Free: (800) 328-5866, Heartland Agriculture, LLC, an Iowa Limited Liability Company. Privacy Policy Proper winterization and storage of m(More), Redesigned from the ground up, 3 new models offer productivity-enhancing features and exceptional operator environment. store.setItem(printKey, true); }); Conference Call and Supplement Presentation Information. Because when our customers are productive, its a measure of our success(More), Heartland AG Systems is growing! The equipment we distribute, the products we manufacture, the supportwe practiceare all designed, created, andimplemented with you in mind. $('#gz-directory-contactform').submit(); $('.member-typeahead').on('typeahead:selected', function (evt, item) { (a ranking of the top 100 North American farm equipment dealers by number of locations, which provides information on total and ag stores, brands, geographies served, employees, history, executives and ownership/company profile information. Phone: (320) 587-5252Toll: (800) 572-6689, Copyright 2023 Hutchinson Area Chamber of Commerce and Tourism. $('#gz-info-subscribe .send-btn').click(function () { var store = window.localStorage; At Heartland AG Systems, application is not just what we do, its in our very DNA. Our complete fertilizer application system will help you start reaping the benefits of deep band fertilizer. Learn more about work wellbeing. We see immediate revenue synergies to be captured in the first full year of operation, and we expect to generate additional growth and margin expansion as we enhance our combined network. data: $form.serialize() }).then(function (r) { The complete Tender Series from Heartland AG System Equipment features the most innovative design in the industry. $('#gz-info-calendarformat .modal-backdrop').remove(); Toggle navigation. queryTokenizer: Bloodhound.tokenizers.whitespace, 800.328.5866 + Hours; Ames. Be available, approachable, and willing to help each other get the job done. $.ajax({ url: MNI.SUBSCRIBE_URL }) Adjusting full year fiscal 2022 revenue by approximately $73 million, representing the fiscal 2022 revenue of these divested stores, results in a same-store sales assumption of up approximately 10-15%. $('#gz-info-calendarformat').prepend(backdropElem); Get ready for growth! Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, owns and operates a network of full service agricultural and construction equipment dealer locations in North America and Europe. $('#gz-info-contactfriend').addClass('in'); Heartland AG Systems Pillars EXPERTISE With more than 50 years of experience, our knowledge stems from a rich history of excellence dedicated to application. Log in, Hutchinson Electronic Table Tent (QR Code), Arts & Crafts Festival and Taste of Hutchinson, DEED- A Guide to Starting a Business in Minnesota, DEEDs Legal Guide to Privacy & Data Security. $('#gz-info-contactfriend .send-btn').click(function () { } var location = item.WebParticipation < 10 ? }).then(function (r) { Driving Directions: if (r.Success) $('#gz-info-contactfriend').modal('hide'); Gallery Image Case%20IH%20SPX%204440%20Sprayer.JPG var key = "7-list-view"; $('#gz-info-contactfriend').on('shown.bs.modal', function (e) { }); The Company believes that these non-GAAP financial measures, when reviewed in conjunction with GAAP financial measures, can provide more information to assist investors in evaluating current period performance and in assessing future performance. Close Download these helpful knowledge building tools. . $('#gz-info-subscribe .send-btn').hide(); It is anticipated that all of Heartland's 340 employees will join Titan Machinery. Heartland Ag Systems traces its roots to 1966 and is the largest Case IH Application Equipment distributorship in North America and one of the leading national distributors for sprayer parts and accessories. In addition, risks also include the impact of the Russia-Ukraine conflict on our Ukrainian subsidiary, the duration, scope and impact of the COVID-19 pandemic on the Company's operations, a substantial dependence on a single distributor, supply chain disruptions impacting our suppliers, including CNH Industrial, the continued availability of organic growth and acquisition opportunities, potential difficulties integrating acquired stores, industry supply levels, fluctuating agriculture and construction industry economic conditions, the success of recently implemented initiatives within the Company's operating segments, the uncertainty and fluctuating conditions in the capital and credit markets, difficulties in conducting international operations, foreign currency risks, governmental agriculture policies, seasonal fluctuations, the ability of the Company to reduce inventory levels, weather conditions, disruption in receiving ample inventory financing, and increased competition in the geographic areas served. | The increased parts, service and technical capabilities we bring to the commercial application customers in our highly productive core Agriculture footprint, combined with the long-term business relationships Heartland has developed with the commercial application customers, will be a win/win for Titan Machinery, Heartland, Case IH, and the hundreds of commercial application providers in our core markets. .then(function (r) { if (quickLinkId) { Set high goals and take personal responsibilityto achieve the desired results. Be diligent about accuracy, timeliness, and thoroughness. var isListView = store.getItem(key) == null ? Proper winterization and storage of m(More), Redesigned from the ground up, 3 new models offer productivity-enhancing features and exceptional operator environment. $('.gz-view-btn').click(function (e) { Our entire business is built to address your challenges and meet your goals. Hutchinson var $form = $modal.find('form'); Fax: (406) 453-0121, Heartland Agriculture, LLC, an Iowa Limited Liability Company. templates: { You and your sprayer have worked hard this season, and it is time for you both to have a well-deserved break. See all author stories here. } else { Print $('.gz-list-card-wrapper').removeClass('col-sm-6 col-md-4').addClass('gz-list-col'); Phone. It is anticipated that all of Heartland's 340 employees will join Titan Machinery. Adjusting full year fiscal 2022 revenue by approximately $73 million, representing the fiscal 2022 revenue of these divested stores, results in a same-store sales assumption of up approximately 10-15%. }); Skip to main content. suggestion: function (data) { return '
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