Create a free Equipment World account to continue reading

Deere subsidiary Nortrax sells seven Midwest stores to Iowa-based McCoy Group

Updated May 15, 2018

 

john deere nortrax buliding

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

The sold dealerships will do business as McCoy Construction & Forestry (MCF) and will retain the Nortrax employees at the branches in Escanaba, Michigan; Merrill, Chippewa Falls, and Ashland, Wisconsin; as well as in Duluth, Grand Rapids, and Bemidji, Minnesota.

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

Headquartered in Tampa, Florida, Nortrax is a John Deere subsidiary that operates Deere construction and forestry dealerships throughout the United States and Canada.

“The McCoy family has a phenomenal track record going back to 1958 of investing and growing business for the long term,” Murphy says.