Edney Distributing News
Edney Distributing Receives Prestigious Recognition at the Twin Cities Business Magazine Family Business Awards
Celebrating Excellence, Leadership, and Resilience in Family-Owned Businesses
The Family Business Awards by Twin Cities Business Magazine are designed to celebrate and acknowledge family-owned businesses in the region that have demonstrated exceptional leadership, innovation, and resilience. Edney Distributing is honored to be among the esteemed list of honorees for 2023.
"Receiving this award is a testament to the dedication, hard work, and unwavering commitment of our team and the Edney family. We are proud to be recognized as a family-owned business that has consistently strived for excellence in serving our dealers, suppliers, and the community,"* said Jennifer Edney, President and CEO of Edney Distributing.
For 72 years and counting, Edney Distributing has been a pillar of the business community in the region, providing high-quality agricultural, lawn and turf maintenance, forestry, and industrial equipment. As a family-owned and operated business, Edney Distributing has played a vital role in the growth and success of the region's agricultural and industrial sectors.
The Family Business Award reflects the strength of their results, board of directors, culture, family involvement, and charitable giving. The company continually seeks opportunities to expand and improve its product lines and services, fostering new partnerships, and embracing advanced technologies to support modern farmers and businesses.
"At Edney Distributing, we are deeply committed to staying at the forefront of our industry by providing the most innovative solutions for our dealers and their customers," added Neal Kurth, COO of Edney Distributing. "We believe in building successful businesses and strong relationships within our community."
Edney Distributing extends its gratitude to Twin Cities Business Magazine for this recognition and to its dedicated team members who have contributed to its ongoing success.
The Family Business Awards ceremony held on October 25, 2023, was an exciting and celebratory event, providing an opportunity for Edney Distributing to connect with fellow honorees, share insights, and inspire the next generation of family-owned businesses.
Edney Distributing Company, Inc. Announces Transition of CEO to Board Chair
Doug Edney Transitions to Board Chair at Edney Distributing
Doug Edney has been with the company for nearly 50 years and has served as CEO for the past 2 years. During his tenure as CEO, Edney Distributing has seen tremendous growth and success. In his new role as Board Chair, Doug Edney will continue to provide strategic guidance to the company, as he leads the newly formed board with its recently appointed independent directors.
"I am extremely proud of what we have accomplished at Edney Distributing over the years," said Doug Edney. "I am confident that our Senior Leadership Team will continue to lead the company to even greater success in the years to come."
Taking over as CEO is current President, Jennifer Edney, who has been with the company for over 15 years and has served in a variety of leadership roles. Edney has a proven track record of success and is well-equipped to lead Edney Distributing into the future.
"I am honored to take on the role of CEO and continue building on the great work our team has accomplished," said Jennifer Edney. "I am committed to ensuring that Edney Distributing remains a leader in the industry and that we continue to provide exceptional service to the dealers and suppliers who count on us while staying true to our core values and the people of our company, as an employer of choice.”
Edney Distributing is confident that this transition will be seamless and that the company will continue to thrive under Jennifer Edneys’ leadership. The company would like to thank Doug Edney for his unwavering dedication and leadership as CEO and looks forward to his continued involvement as Board Chair.
Doug’s transition from daily operations to his new role will be celebrated at multiple events throughout 2023.
For more information, please watch this video of Doug talking about his transition, his history with the company and what it means for Edney to have another great leader and family member stepping into the role of CEO.
Edney Distributing names Neal Kurth Chief Operating Officer
Neal Kurth Promoted to COO by Edney Distributing
MINNEAPOLIS – Edney Distributing Company, Inc. is fourth-generation family business that distributes high quality equipment within the following markets: agricultural, lawn and turf maintenance, forestry, and light industrial. Due to the company’s continued growth, Edney has promoted Neal Kurth to the role of COO. Neal joined Edney in January of 2021, as the Senior Pricing Analyst. In his tenure with Edney, he has proven to be a strong leader with an expertise in pricing and strategy, a deep understanding of Edney culture, and a clear vision for the future.
Within his role of COO, Neal will be taking over as EOS Integrator with a focus on running the day-to-day operations, accountability for profit and loss and execution of the business plan, working closely with Jenni Edney who will continue to serve as the President and EOS Visionary with a focus on growth, business development, and strategy.
According to Jenni, “Edney Distributing is very pleased that Neal has accepted this promotion which expands his role with the Company. He is a trusted member of the leadership team who has earned the respect of his colleagues and is deeply aligned with the Company’s Core Values. Using the strong analytical and communication skills honed over his thirty-year career and military service, Neal has my full confidence and is poised for success. The Pricing Analyst role he previously held has been backfilled by Matt Yost, who is making a positive impact with his Excel and SQL prowess, can-do attitude, and eagerness to learn.
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Market Volatility
As you are aware, price increases, extended factory lead times, and transportation delays are becoming prevalent in our industry due to a variety of complex factors including the impact of COVID-19, global supply chain issues for components and other inputs, growing demand, and surging steel prices.
Edney Distributing is reacting to this market volatility as quickly as administratively possible and keeping you informed as updates become available via our website, email updates, and e-Newsletters. We encourage you to advise your customers of the current challenges, to set their expectations appropriately during the sale process. You're also encouraged to confirm pricing, availability, and freight costs with us at the time of order...