Forum: Current Events
Topic: Kibbles closing
started by: Whiskero

Posted by Whiskero on Jun. 12 2014,8:57 am
Just heard Kibbles in Albert Lea, among other John Deere Dealerships will be closing this fall; what a bummer!
Posted by Whiskero on Jun. 13 2014,2:07 pm
It is official. August 1st.
Posted by Alfy Packer on Jul. 09 2014,2:59 pm
I won't be following them to Blue Earth for my service needs!
Posted by RET on Jul. 09 2014,4:07 pm
Go to AgPower in Hollandale.
Posted by MADDOG on Jul. 24 2014,12:51 pm
QUOTE
< Construction begins on new North Industrial Park >

Just shortly after an official groundbreaking ceremony at the new North Industrial Park in Blue Earth, dirt-moving equipment began construction in earnest. "We don't really have time to waste," says Linsey Warmka, the executive director of the Faribault County Development Corporation. "We already have a business that wants to begin construction here this year." That business is Kibble Equipment. Their representative at the groundbreaking ceremony, David Goebel, says his company plans to begin construction on its new 10,000 plus square foot building by Aug. 15.

Posted by Self-Banished on Jul. 24 2014,1:30 pm
^^^wow, that hurts.
Posted by Self-Banished on Jul. 24 2014,3:41 pm
So if one wanted to start a successful business in AL I imagine going in to competition with Bonnerup might not be a bad idea
Posted by twingroves on Jul. 25 2014,1:13 pm
I heard that they wanted to build in albert lea but the city said no help will be given
Posted by MADDOG on Jul. 25 2014,2:39 pm
I'm not sure I'm quite ready to believe that one yet.  :dunno:
Posted by MADDOG on Jul. 25 2014,3:09 pm

(MADDOG @ Jul. 25 2014,2:39 pm)
QUOTE
I'm not sure I'm quite ready to believe that one yet.  :dunno:

QUOTE
< John Deere dealer to close Albert Lea, Kiester buildings >

June 16--John Deere dealer Kibble Equipment will shutter its locations in Albert Lea and Kiester and consolidate operations to Blue Earth and Minnesota Lake.

The Albert Lea location is slated to close Aug. 1, and the Kiester one is set for Nov. 1, said Kibble Equipment General Manager Butch Kibble.

Kibble Equipment is based in Montevideo and has plans to build a 48,000-square-foot dealership on the north side of Blue Earth. Work likely will begin later this month or early next month.

Kibble said the consolidation has less to do with sales and is more about being prepared for the long term, as farm implement dealers must get larger to deal with changes in agriculture technology and service.

"You are either going to be a dealer of the future or not," Kibble said.

Dealer consolidation has been steady in the ag world for the past decade, and John Deere, according to the Wall Street Journal and the trade publication Farm Equipment, has been a pioneer in the trend, urging dealers to bulk up or cash out. Among the farm brands, Deere has the most dealers in North America, though there are fewer and fewer small owners.

A clear driver, the media stories note, is that as farms get bigger there are fewer farmers on the land, so the implement dealers have followed suit. They also say, as farms specialize, it has created the need for dealers to specialize, and that's easier for dealers with greater inventory to accomplish.

Influencing the decision, Kibble said, was that other John Deere dealers were in close proximity. Ag Power operates one in Hollandale and another in Northwood. Not far away in Austin is Sema Equipment.
 
QUOTE
Besides John Deere, other farm implement dealers in or near Albert Lea are Titan Machinery on East Main Street offering New Holland products and Arnold's Case-International Harvester in Alden

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