ACQUISITION MERGES NORTRAX, SCHMIDT
Fernandez Holdings, Inc., which owns a diverse portfolio of businesses, including 57 John Deere Ag and Turf dealerships in the Northeast and South Central U.S., has acquired 14 John Deere Construction and Forestry stores—nine locations from Nortrax, Inc. in Maine, New Hampshire, Vermont and New York, and five stores in Massachusetts from Schmidt Equipment Inc. The business operates as United Construction & Forestry, LLC.
“Fernandez Holdings is excited to be able to expand our relationship with John Deere into the construction and forestry markets,” says Kirk Fernandez, CEO and founder of Fernandez Holdings. “We see incredible opportunity in the Northeast to continue to expand the John Deere brand with a strong organization that is committed to delivering best-in-class equipment, service, and support to our customers. Fernandez Holdings will also continue to invest heavily in the region, building new facilities, updating and upgrading operations, and empowering the business to continue to bring on talented, hard-working people to the team.”
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Our annual Timber Harvesting Logging Business of the Year annual story is somehow more special, more in-depth. Typically, this story goes into all of what makes our winner stand out. For the 2023 Timber Harvesting Logging Business of the Year Award winner Ken Swanstrom, there’s not one single thing that makes him “worthy,” instead he’s got a lifetime of “worthy” elements. When I landed in Kalispell, Mont. in early August, it was hazy thanks to wildfire smoke, there was a dry heat my skin certainly wasn’t use to and posted signs everywhere about the highly favorable fire weather conditions…
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