Titan Machinery closing 8 stores, eliminating 128 positionsApril 17, 2014 - 9:03ambusiness/agriculture
WEST FARGO, N.D. -- Titan Machinery has closed eight of its construction stores and is eliminating 128 positions, including seven at its headquarters in West Fargo.
The company announced the closures and reductions as part of its fourth-quarter report late last week.
Slow construction recovery was identified as the reason for the company's downsizing. CEO David Meyer said in a news release that the realignment was necessary to ensure the...