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Dover Today
By the People, for the People
Forrester Farm Equipment Acquires AG-Industrial Inc.
The acquisition includes 4 full-line New Holland agriculture dealerships across 3 states.
Published on Feb. 25, 2026
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Forrester Farm Equipment, a Pennsylvania and Virginia-based agriculture, construction and outdoor power equipment dealer, has purchased majority stakes in AG-Industrial Inc., which operates 4 full-line New Holland agriculture dealerships in Maryland, Pennsylvania, and Delaware. The strategic move unites the two family-owned companies that were both founded in 1976, strengthening their capacity to deliver industry-leading equipment and support to customers.
Why it matters
The acquisition marks a significant milestone for both companies, expanding their geographic reach, diversifying their access to trusted brands and products, and allowing them to leverage leadership and operational efficiencies. It reinforces their shared commitment to integrity, innovation, and exceptional customer experiences in the agriculture equipment industry.
The details
Under Forrester Farm Equipment's leadership, AG-Industrial will continue to operate under the same name with the same dedicated team and commitment to customer satisfaction. All existing warranties, service agreements, and operations will remain intact to ensure a seamless experience for customers throughout the transition.
- Forrester Farm Equipment and AG-Industrial Inc. were both founded in 1976.
- The acquisition was announced on February 25, 2026.
The players
Forrester Farm Equipment Ltd.
A agriculture, construction and outdoor power equipment dealer with 3 locations in Pennsylvania and Virginia.
AG-Industrial Inc.
A company that operates 4 full-line New Holland agriculture dealerships in Maryland, Pennsylvania, and Delaware.
Cory Forrester
The president of Forrester Farm Equipment.
Terry Greenleaf
The president of AG-Industrial, Inc.
What they’re saying
“Both of our companies have built legacies rooted in trust, service, and hard work. We're honoring that heritage while positioning ourselves – and our valued customers – for sustainable growth and long-term success. We welcome the AG-Industrial team and customers to the Forrester family and look forward to a bright future.”
— Cory Forrester, President, Forrester Farm Equipment (farm-equipment.com)
“Our goal has always been to ensure that AG-Industrial continues to grow and serve its customers with excellence. Forrester Farm Equipment's reputation for outstanding service and their deep understanding of the New Holland brand make them an ideal fit to carry AG-Industrial forward.”
— Terry Greenleaf, President, AG-Industrial, Inc. (farm-equipment.com)
What’s next
The acquisition is expected to strengthen the combined company's position in the agriculture equipment market, allowing them to leverage their expanded geographic reach, diversified product offerings, and operational efficiencies to better serve customers across the region.
The takeaway
This strategic acquisition unites two long-standing, family-owned companies in the agriculture equipment industry, positioning them for sustainable growth and reinforcing their shared commitment to exceptional customer service and support.
