RER Magazine

SUBSCRIBE NOW!

Newsletters

RER REPORTS
RER PRODUCT WIRE

Newsletters

Stay up-to-date on the latest marketing intelligence and opportunities.

RER Reports RER ProductWire
Subscribe

Issue Archive

Event Calendar

AED Executive Forum

Sept. 11-12
Westin O'Hare
Rosemont, IL
www.aednet.org/execforum/index.cfm

International Aerial Platform Exhibition and Conference

September 17-19
APEX
MECC Maastricht
The Netherlands
Industrial Promotions International
www.apexshow.com

Green Industry and Equipment Expo

Oct. 23-25
Louisville, KY
www.gie-expo.com

Specialty Tools & Fasteners Distributors Association Convention

Nov. 9-11
Denver, CO
www.stafda.org

Power-Gen International

Dec. 2-4
Orlando, FL
www.power-gen.com

World of Concrete

Feb. 3-6, 2009
Las Vegas Convention Center
Las Vegas, NV
www.worldofconcrete.com

The Rental Show

March 2-5, 2009
Georgia World Congress Center
Atlanta, GA
www.therentalshow.com


         Subscribe in NewsGator Online   Subscribe in Bloglines  

Deere Dealer Nortrax Sells Regions to Doggett, Stribling

John Deere & Co. has sold its Nortrax construction dealerships in Louisiana, East Texas, Mississippi, western Tennessee and Arkansas, to two different buyers.

The Houston-based Leslie Doggett Equipment Services Group approached Deere in June 2006 about acquiring the Louisiana and East Texas Nortrax dealerships and the transaction was approved earlier this year. The $103-million acquisition was finalized early this month.

The acquisition will more than double Doggett’s annual sales and give it the exclusive right to sell Deere construction and forestry equipment, and Hitachi heavy construction equipment in the region through 11 dealerships. The deal gives Doggett 23 heavy equipment dealerships with 650 full-time employees.

Doggett plans to expand Nortrax South’s rental offering and mechanical support services for oilfield-related construction, infrastructure improvements and Hurricane Katrina rebuilding in Louisiana.

The 11 acquired dealerships are in New Orleans (Covington and Kenner), Lafayette, Lake Charles, Monroe, Baton Rouge, Alexandria and Shreveport, La., and Lufkin, Longview and Tyler, Texas.

Meanwhile, Stribling Equipment LLC, based in Jackson, Miss., has acquired the South Region operations of Nortrax in Mississippi, western Tennessee, and eastern Arkansas. Stribling’s Deere sales and service territory will encompass all of Mississippi, the 21 western counties in Tennessee and 14 counties in eastern Arkansas. The three former Nortrax locations in Memphis, Tenn.; Jackson, Tenn., and Tupelo, Miss., are now part of Stribling, which has nine other branches.


Commenting terms of use blog comments powered by Disqus

Want to use this article? Click here for options!
© 2008 Penton Media Inc.

most recent story

popular articles

Popular Articles

Stock Block

Buyers Guide

Buyers Guide

The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.

Learn More
Sourcebook

Rental Rate Guide

Rental Rate Guide 2008

Want to know how much equipment is renting for these days? Find out in RER’s original 2008 Rental Equipment Rate Guide.

Learn More Add to Shopping Cart
Sourcebook