MEXICO, Mo. – A family owned farm implement business with deep roots in Monroe County announced on Tuesday that it is merging with an Illinois company.
Sydenstricker Implement Co, which is headquartered in Mexico, said that it is merging with Wm. Nobbe & Co. of Waterloo, Ill., effective on Jan. 1, 2020.
The combined companies will operate as Sydenstricker-Nobbe Partners with 26 dealerships in Illinois and Missouri.
“For 187 collective years, the Sydenstricker and Nobbe families have served local communities in Missouri and Illinois, sharing similar values and a strong commitment to our employees and customers,” Eddie Sydenstricker said in a news release. “To support the growth in our industry, it was a natural step for two multi-generational family businesses from neighboring states to partner.”
Ted Briscoe, current chief executive officer of Sydenstricker, will serve as CEO of the combined companies, which will have corporate offices in Mexico, Waterloo, Ill., and the St. Louis metro area.
“Getting larger is critical to our ability to meet the needs of our customers, as they too are growing and getting more sophisticated in their support expectations,” Briscoe said. “This scale will allow us to continue to invest in technology and services to meet the rapidly evolving requirements of our industry.”
Lee Ann Sydenstricker, marketing director of Sydenstricker, said that the family had been considering its future for the past six months.
“We knew it was time to consider this move. It will not take place until January but we needed to announce it now to get more people on board,” she said.
Sydenstricker said that four generations of the family are actively involved in the business. She said that after the merger, both the Sydenstricker and Nobbe families will play active roles in the business, including Tom Nobbe and Eddie Sydenstricker.
According to the company's history, Ralph Sydenstricker founded Sydenstricker's as an International Harvester dealership in Paris, Mo., January 1944. In September of 1952, Sydenstricker traded a tractor for his first Black Angus cow and Sydenstricker Angus Farms was launched.
The company said that he operated the International Harvester dealership until 1960 when he sold to what was then-called J.I. Case Co., now Case Corp., and focused on continuing to grow the Angus cattle business.
“In 1965, Ralph decided to go back into the implement business and purchased the International Harvester dealership in Macon, Mo., and his son, Eddie, became the manager,” the company says in its history profile. “A year later, Ralph had the opportunity to become the John Deere dealer in Mexico. With an International Harvester dealership in Macon and a John Deere dealership and Angus business in Mexico, Ralph partnered with Galen 'Gabe' Gabriel, the International Harvester territory manager in August of 1969.”
The company expanded to Kirksville, then established a John Deere dealership in Rocheport, Mo., in June of 1994. The company purchased the John Deere dealership in Macon April 1, 2000. Sydenstricker's continued to expand in the years to come with the purchase of the Chillicothe location in March 2003, Palmyra in August 2004, Moscow Mills in September 2007, Curryville in April 2008, Tipton in September 2008, Hermann in January 2011, Dutzow in February 2016, Salisbury in July 2018 and Columbia in August 2018.