Titan Machinery Inc. (NASDAQ:TITN) owns and operates a network of full service agricultural and construction equipment stores in the United States. Titan Machinery, founded in 1980 and headquartered in West Fargo, North Dakota, is a multi-unit business with mature locations and newly-acquired locations.
David Meyer, Titan Machinery’s Chairman and CEO, said, “We are excited about the addition of Jewell Implement to the Titan Machinery network. The Vulgamott family, who has owned and operated Jewell Implement since its founding 49 years ago, has built a loyal customer following and strong heritage of Case IH equipment in the Jewel market. We look forward to continuing these trends under the Titan Machinery brand as we implement our strong store operating model into the dealership. We also look forward to continuing the Vulgamott family’s tradition of providing local farmers with Case IH products supported with best in class after sales parts and service.”
Titan Machinery Inc. announced recently that it has entered into a definitive agreement to acquire Jewell Implement Company, Inc., a Case IH agriculture equipment dealership located in Jewell, Iowa. The acquisition is expected to close on or around November 1, 2011. Situated among the fertile farmland of Central Iowa, Jewell Implement is in a prime location to complement Titan Machinery’s existing dealerships in Iowa, including its nearby Iowa Falls store. In its most recently reported fiscal year, Jewell Implement generated revenue of approximately $9.8 million.
For more information about Titan Machinery, please visit www.titanmachinery.com
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International Business Machines Corp. (NYSE:IBM) announced it will double the number of emerging leaders it sends on pro bono assignments to Africa during the next three years. As part of the company's Corporate Service Corps (CSC) program, aimed at developing IBM leaders and providing skilled assistance to local governments and non-government organizations in emerging markets, IBM will send about 600 employees to Africa through 2015.
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide.
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Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Some interesting facts about gold are that the chemical symbol for gold is Au. Au is derived from the Latin word for gold, AUrum. It is a naturally occurring element, with an atomic number of 79 and it is classified as a transitional metal in the Periodic Table. Among the unique physical and chemical properties of gold is that it does not corrode. Scientifically speaking, the gold fact is that it is the only metal that does not form an oxide film on its surface when it comes in contact with air at room temperature, and thus it is not prone to rust or tarnish.
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(TITN, IBM, CRR, MJGCF.PK, RL) Stocks in Action by PennyOTCStock.com
September 22nd, 2011 at 04:38 pm