Titan Machinery to Acquire Farmers Implement & Irrigation in South Dakota

Titan Machinery announced the acquisition of Farmers Implement & Irrigation, two-store New Holland dealership in Brookings and Watertown, SD. The transaction is expected to close May 15th.

David Gullickson has been serving the Ag community in these markets for the past 53 years. His children, Jeff Gullickson and Michele Lewandowski joined him in the business in 2013 to help him continue the legacy.

Bryan Knutson, Titan CEO, commented “we are very honored to be chosen to continue to build on the Farmers Implement and Irrigation legacy of supporting customers and growing the New Holland brand in these two highly productive areas of South Dakota. We are excited about the growth opportunities in the vibrant Ag and CE markets of Brookings and Watertown.”

Higher diesel prices are raising harvest and freight costs for farmers. Shay Myers of Owyhee Produce says fuel adds nearly $40,000 to weekly operating costs compared with a year ago, while freight costs have doubled.