WEST FARGO, ND (August 1, 2011) -- Titan Machinery Inc. (NASDAQ:TITN) opened a new Case Construction Equipment dealership in Dickinson, N.D., on August 1, 2011.
Located in western North Dakota, the company's Dickinson dealership is well-positioned to benefit from the numerous factors that are supporting the favorable construction equipment market in this region including energy, agriculture, government surpluses, infrastructure investment and low unemployment rates.
"The oil industry in western North Dakota, resulting from the substantial estimated reserves in the Bakken, Tyler and Three Forks oil formations, continues to drive demand for construction equipment, rental, parts and service," said David Meyer, Titan Machinery's chairman and CEO. "We have been pleased with the performance of our Minot, Williston, Bismarck and Mandan stores in this market and the addition of the Dickinson store will provide us increased opportunities in this large growth area."
Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, N.D., owns and operates a network of full service agricultural and construction equipment stores in the U.S. The Titan Machinery network consists of 87 dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming and Wisconsin including two outlet stores, representing one or more of the CNH Brands (NYSE: CNH), a majority-owned subsidiary of Fiat Industrial (Milan: FI.MI), including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, Kobelco and CNH Capital. Additional information about Titan Machinery Inc. can be found atwww.titanmachinery.com.
