All States Ag Parts Acquires Arrow

We're pleased to share with our members some new news from All States Ag Parts (ASAP). The company continues to grow and has just acquired Arrow Material Handling which will allow ASAP to expand into new areas. Arrow specializes in forks and attachments for a wide range of equipment including forklifts, skid steers, loaders, telehandlers, excavators, tractors and backhoes from mini and compact equipment to large equipment. These products are available for most makes and models of equipment. Arrow is headquartered in Lenexa, KS and has distribution facilities in Lenexa, KS; Houston, TX; Norfolk, VA and Corona, CA.

With the addition of Arrow, All States now operates 42 locations in North America including ag and construction equipment salvage yards, distribution centers, remanufacturing plants and customer service call centers. All States employs over 800 employees in the US and Canada and will offer employment to all current Arrow employees under the new company.

From the press release:

“The acquisition of Arrow will further strengthen our ability to serve the ag and construction parts industry and greatly enhances our ability to provide products to the material handling industry,” said Bill Davidson, President of All States Ag Parts.

Terry Melvin, CEO at Arrow said, “I am excited for our company to be part of All State Ag Parts. With All States we will be able to continue our focus on superior product availability and customer service. The sales and distribution resources we are able to add through All States will be a huge contributor to our continued sales growth.”

Arrow has engineering and design teams, machining centers and welding teams to accommodate and build custom attachments for common and unique applications. Using Solid Works 3D CAD software and Finite Element Analysis (FEA) the Arrow Team can collaborate in and accommodate a variety of formats.

Arrow can be reached at 800-821-7563 or online at ArrowMHP.com

All States Ag Parts can be reached at 877-530-4430 or on-line at TractorPartsASAP.com

 

Meet Our Members - Farmers Business Network

Back in January we were in Kansas City for the Annual Conference and Trade Show of the National Tractor Parts Dealer Association. One of the attendees was the Farmers Business Network (FBN) a brand new NTPDA Member. Anxious to learn what this California based company was about we invited Charles Barron, one of the founders, to give us the story.  And what a story this is. Click though to learn how FBN is reimagining the world of agriculture from buying and selling to insurance to loans and soon equipment and parts. I promise you that you'll learn some things about the world of farmers and ranchers you did not know.  This is all about maximizing profits in a new way.

Thanks for listening!

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A Financial Note from RBC Wealth Management

RBC Wealth Management is the investment firm for the National Tractor Parts Dealer Association (NTPDA) and we recently received this notice from our advisor Craig Shaver.

"With respect to the companies that are the subject of the attached equity research report, RBC Wealth Management is required to disclose certain conflicts of interest. Any such disclosures may be obtained by either accessing our web site at https://www.rbccm.com/GLDisclosure/PublicWeb/DisclosureLookup.aspx?EntityID=2 or by mailing a request for such information to RBC Wealth Management Research Publishing, 60 South Sixth Street, Minneapolis, MN 55402.

RBC Wealth Management, a division of RBC Capital Markets, LLC. Member NYSE/FINRA/SIPC.

Deere & Company - Tariffs/trade take a toll; Maintain Outperform: (To view the report, click the link below.)

https://www.rbcinsight.com/WM/Share/ResearchViewer/?SSS_B4287797E254397514D209F114D51E9E