“Capello brought us into a whole new market, a new price point and customers for us,” Winter says. The development of Capello Implements made a big difference for Worthington Tractor Parts. The city also had an economic environment favorable for recruiting ag-related staff. We bought land from them at a very competitive price and they were very conducive to welcoming us to Sioux Falls.” The Sioux Falls Development Foundation was instrumental. “It was close to our largest facility at Worthington and Watertown, S.D.
“It had good interstate highway connections,” he says. The location made sense from many standpoints, Winter says. Winter also led the building of a 45,000-square-foot world headquarters in Sioux Falls. “We are in the process of developing a dealer network in the U.S.”
“We get after-market new parts manufactured all over the world,” Winter says. Parts Express is an after-market wholesale distribution company that works in domestic, international and export markets. Capello Implements distributes Italian-made Capello corn heads in the U.S. and Capello Implements and added a bonded warehouse in Germany. It added two locations in Australia, started Parts Express Co. Under Winter’s leadership, Worthington Tractor Parts sold the Canadian subsidiary. His wife, Karen, is the Worthington Ag Parts human resources manager. The son of a bricklayer and a production line worker at Campbell Soup Co., Winter obtained an accounting degree at Southwest Minnesota State University in Marshall and started his accounting career as an auditor for cooperative elevators. Winter graduated high school in Worthington in 1983. Winter, 48, has been at the helm for more than a decade and has been with the company for 25 years. After two other presidents, Winter was named president in 2002. Neil’s had built an expansive marketing network of 1,500 dealers, many machinery repair shops.ĭudley left the company in 1998, and in 1999 Churchill moved the headquarters to Maple Grove, Minn., closer to Fauth and its owners. The company had four stores and had been a customer of Worthington Ag Parts. In 1995, the company acquired Neil’s Parts - the largest after-market and used ag machinery parts distributer in Australia. In 1994, Churchill acquired Rempel Tractor Parts of Niverville, Manitoba, near Winnipeg. In 1988, Dudley moved the company headquarters to St. in 1981.Ĭhurchill renamed the business Worthington Ag Parts and hired Mike Dudley, a beverage company executive, to run it. Fauth is a Long Island, N.Y., native and former Citicorp executive who founded Churchill Cos. In 1986, Dyke and partner Al Renstrom sold the business to Churchill Industries, a Minneapolis holding company headed by John J.
No one before him looked at it as a full-time investment.” “He invested a little money and a lot of time into the business and grew it into the largest of its kind in the nation. “Dave Dyke had a passion for tractors and thought there was a business opportunity in selling used parts,” Winter says. Dyke earned a degree in 1962 from the University of Minnesota and -after a two-year hitch in the Army - he moved his family to Worthington, where he started what was then known as Worthington Tractor Salvage. While still in high school, Dyke’s father bought and sold a few tractors and Dyke thought of making a business selling parts. Dyke started the company that is known today as Worthington Ag Parts.ĭyke was born in Iowa, and his family moved to farm near Raymond, S.D., where he graduated high school. “For some, it’s kind of like a summer vacation: It’s like, ‘Let’s go to Worthington - drive there and pick up parts.’” “We have customers in 30 to 40 states who will drive to Worthington to pick up parts,” Winter says. The Worthington store remains a focal point. The parent company operates in a much larger worldwide network today, but Worthington Ag Parts annually buys $4 million in used ag equipment. Worthington Ag Parts was one of the pioneers and remains one of the dominant players in a business that buys and dismantles equipment obtained at auction and from insurance companies and individuals. The event included many people who were instrumental in the company’s start. Mike Winter, president of the parent company Worthington Tractor Parts Inc., based in Sioux Falls, S.D., led a celebration of the half-century milestone at the flagship store in Worthington on Aug. The agricultural tractor salvage business celebrates its 50th anniversary this year. Worthington Ag Parts has put the name Worthington on the world map.
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