WOODS EQUIPMENT sold

[PA hayseed]

About the only thing I could find was this, and it isn't about woods

Titan Machinery Acquires Dealership; Ceres Equipment Inc.
Tuesday February 5, 7:30 am ET


FARGO, N.D.--(BUSINESS WIRE)--Titan Machinery Inc. (NASDAQ:TITN) announced today that it has acquired Ceres Equipment Inc., a farm equipment dealership of CaseIH and New Holland brands in Roseau, MN.
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Titan痴 acquisition of Ceres is effective as of February 1, 2008. Ceres reported revenues of $11 million during its most recently completed fiscal year ended December 31, 2007.

David Meyer, Titan Machinery CEO, said, 典he acquisition of Ceres in Roseau together with our recent acquisitions in Crookston, Ada and Grand Forks increases our footprint in the northern Red River Valley. With advances in seed genetics and improved land management practices, we are seeing rapid agricultural expansion in the Roseau area.

About Titan Machinery Inc.

Titan Machinery Inc., founded in 1980 and headquartered in Fargo, North Dakota, owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America. Currently, the Titan Machinery network includes 39 dealerships in North Dakota, South Dakota, Minnesota and Iowa, representing one or more of the CNH Brands (NYSE:CNH - News) CaseIH, New Holland Agriculture, Case Construction, New Holland Construction, Kobelco and CNH Capital. Additional information about Titan Machinery Inc. can be found at Home.

I have yet to find anything about the company listed in the original post. I'm not saying it isn't true, but it hasn't hit the wires yet, that I can tell.

 

[joes_427_vette]

Woods recently ( within the last 2 years ) opened a huge mfg. plant in ( Kronenwetter Township ) Wausau, Wi. If you go to Wausau Daily Herald and click on lifestyles you will see a section called real estate transactions. Look half way down the list and you will see the sale as recorded in our countys financial transactions.
I e mail my friend and told him I thought the price was extremly low for this corporation. I don't know why they built a plant in northern Wisconsin when their headquarters is farther south. I know... they like to haul materials both ways. Didn't make any sense to me.
If the information is recorded in the financial page I have to believe it is sold,sold,sold !

I really hope I'm wrong and it is mis information.

 

[joes_427_vette]

The real estate transactions have been updated as of today. It could be they just sold the plant facility and retained the production capabilities. I searched the web and couldn't find mention of it either.
Like I said... I hope I'm wrong ( and the price is way too cheap )
Even if they sold the building alot of local jobs will go up in smoke. Why would an overseas company buy a manufacturing facility here. I would assume to get the manufacturing rights and sell the building on a secondary market. Knowing the newspaper, I should have had a secondary source.

 

[bjcsc]

I can't find them on either of the two lists...they're both from early Jan...

 

[lawn_king]

Im pleased to inform you all my 2008 silverado & sno-way plow were bulit in the usa!

 

[Ductape]

Awwwww............. crap ! You KNOW all their stuff will be made in China now. PLEASE........ someone tell me LandPride is still an American company.

 

[WayneB]

Im pleased to inform you all my 2008 silverado & sno-way plow were bulit in the usa!

And just what factory in the USA built that Silverado? I would think it might be north of Detroit?
And it is a nice looking truck too!!!!!!!!!!!!

 

[beersngars]

Isuzu is to the east.

 

[rvaitor]

When Boeing moves to china my flying days will be over!

mark

Cessna's first new design small aircraft will be built in China - shouldn't be too long before you're grounded.

 

[DreaminGreen]

The Honda Accord has the most american made parts of any car made in America. that hurts!