Oklahoma-based P&K Equipment, a John Deere dealer, has purchased a Northwest Arkansas equipment company for its first location in Arkansas.
P&K is the new owner of the former Countryside Farm & Lawn Equipment Co. at 907 W. Henri de Tonti Blvd. in Springdale.
Financial terms of the deal were not disclosed. The deal was finalized Aug. 25. Countryside Farm & Lawn was previously owned by the Gary Harrall family.
The Springdale location joins 10 other P&K locations in Oklahoma. The company is owned by businessman Dr. Barry Pollard, a neurosurgeon in Enid. He founded the business in 1984.
Countryside employed about 25 people, and most now work for P&K. Total P&K employment, including nine dealerships in Iowa that operate as P&K Midwest, is about 500.
“Our mission is to provide the highest level of customer service with a sense of urgency in all aspects of the business — sales, parts, and service,” P&K general manager Scott Eisenhauer said. “We will strive to make good on that promise in and around the Springdale area, for all segments of the P&K Equipment and John Deere business.”
Erin Wheeler, P&K’s marketing and advertising manager, said the sales goal for 2017-2018 at the Springdale location is 900 John Deere tractors, ranging from 25- to 125-horsepower.
“The tractors within this range are what we consider the “small ag” sector,” Wheeler said. “The small ag tractor units are often market drivers for us and will represent a significant portion of the industry potential.”