Nortrax sells 7 John Deere dealerships, retains 38 locations

Nortrax sells 7 John Deere dealerships, retains 38 locations
Nortrax, Inc. has sold seven stores in its Midwest Region to the family-owned company McCoy Group, Inc. based in Dubuque, Iowa.The company will conduct business as McCoy Construction & Forestry (MCF) and will retain the Nortrax employees in the Escanaba, MI, Merrill, Chippewa Falls, and Ashland, WI as well as the Duluth, Grand Rapids, and Bemidji,...

Nortrax, Inc. has sold seven stores in its Midwest Region to the family-owned company McCoy Group, Inc. based in Dubuque, Iowa.

The company will conduct business as McCoy Construction & Forestry (MCF) and will retain the Nortrax employees in the Escanaba, MI, Merrill, Chippewa Falls, and Ashland, WI as well as the Duluth, Grand Rapids, and Bemidji, MN branches.

“We believe this sale represents a key strategic distribution move for John Deere and Nortrax,” said Nortrax president and CEO Tim J. Murphy.

Source: www.equipmentjournal.com