Husqvarna Group has signed an agreement to acquire Orbit Irrigation, a leading provider of residential watering solutions in North America. Orbit will become part of Husqvarna Group's Gardena Division, establishing a global leader and creating growth opportunities for both brands.

For the 13th month, the Creighton University Rural Mainstreet Index (RMI) remained above growth neutral, according to its December survey of bank CEOs in rural areas.

The Tractor Supply Company Foundation has donated $50,000 to the Red Cross Relief Fund to assist residents in the 6 impacted Midwest and Southern states. Additionally, Tractor Supply is supplying $50,000 in gift cards to stores in Kentucky and Tennessee to distribute to local organizations and shelters to purchase supplies.

John Deere dealer Tellus Equipment Solutions LLC announced the opening of a new Austin, Texas, store as part of its continued expansion plan. This 9,000 square foot, full-service store will have John Deere, Stihl, Honda, and other products to support residential and commercial landscaping, compact construction equipment needs, farms, and ranches. 

Beverage Tractor and Equipment LLC announced several leadership changes as the company’s management team grows to accommodate the company’s multi-store expansion. Stuart’s Draft General Manager, Allen Gilbert, has been promoted to the position of president. 

The Toro Co. reported 4th quarter net sales were up 14.2% year over year to $960.7 million. For the quarter Professional segment net sales increased 13.7% and Residential segment net sales up 19.8%.