– Company Expects $25 million in Annual Cost Savings from Restructuring Plan –
– Consolidated Locations will be Merged into Adjacent Dealerships –
– Reorganized Operating Structure Expected to Increase Efficiency and Improve Customer Support –
WEST FARGO, N.D., Feb. 09, 2017 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq:TITN), a leading network of full-service agricultural and construction equipment dealerships, today announced the implementation of a restructuring plan to consolidate certain dealership locations and a reorganization of its operating structure. The restructuring plan is expected to res…
Read the full article at: http://www.nasdaq.com/press-release/titan-machinery-inc-announces-dealership-restructuring-plan-20170209-01457