Spencer, IA (KICD)–An area farm implement dealer has been sold.
Noteboom Implement has announced the purchase of Northwest Equipment who has locations in Spencer, Sibley and Lake Park. The ownership change took effect on Tuesday.
The Noteboom family has been a John Deere Dealer for over 45 years. The dealerships in Iowa will join dealerships in South Dakota located in Corsica, Chamberlain, and Parkston to form the new Noteboom Implement LLC.
The combination of Iowa and South Dakota dealerships will employ over 200 people. Northwest Equipment has been owned by Dave Hultgren and Pete Hegg for the past 25 years.
A new 28,000 square foot building to house the Sibley dealership is under construction and scheduled to open in March 2014