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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Loggers Gather For OLC Show
EUGENE, Oregon – Loggers across the Pacific Northwest and plenty of points farther away made the trip to Eugene the last weekend of February for the 85th Oregon Logging Conference. The event included everything every logger needs (outside of a better cut-and-haul rate!) when it comes to equipment and tools for getting the job done, including not only the very latest in high performance timber harvesting equipment and machinery, but also the leading edge technology behind it driving production and efficiency gains…
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