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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The Tigercat 865 is a purpose-built logger designed for loading and processing applications. The 865 combines power, efficiency and serviceability into a true multi-purpose forestry carrier. The 865 is a 71,000 lb. carrier that offers many advantages over excavator conversions, such as higher cooling capacity, a better operating environment, stronger undercarriage components and extremely efficient and task-optimized hydraulic circuits. The result is higher production, uptime and..
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