Trimble's Trading Volume Surges 62.93% to $237 Million, Ranks 484th in Market

Generated by AI AgentAinvest Volume Radar
Wednesday, Jul 23, 2025 6:03 pm ET1min read
Aime RobotAime Summary

- Trimble's trading volume surged 62.93% to $237 million on July 23, 2025, ranking 484th in market activity with a 2.69% two-day stock gain.

- The company expanded its distribution network through APEX Technologies, targeting John Deere equipment users with grade control and positioning systems.

- APEX offers Trimble Works Subscription for flexible payments, eliminating upfront costs while providing installation and training across central U.S. regions.

- The partnership leverages McCoy Construction's 65+ year industry presence to boost technology adoption, enhancing productivity for mixed fleet operators in construction.

On July 23, 2025, Trimble's trading volume reached $237 million, marking a 62.93% increase from the previous day, placing it 484th in the day's market rankings.

(TRMB) rose by 1.33%, marking its second consecutive day of gains, with a total increase of 2.69% over the past two days.

Trimble has expanded its distribution network by partnering with APEX Technologies, a division of McCoy Construction & Forestry. Based in Dubuque, Iowa, APEX will now sell Trimble's advanced technology solutions directly to customers, focusing on John

equipment users. This partnership aims to enhance technology accessibility through flexible subscriptions and support services.

APEX Technologies will offer Trimble's grade control systems, site positioning systems, and correction services technology. These solutions are designed to cater to customers using John Deere construction equipment, as well as attachments from LevelBest, SharpGrade, and Burchland. The partnership includes access to the Trimble Works Subscription, providing customers with flexible payment options through monthly subscriptions, eliminating the need for large upfront investments.

As an authorized reseller, APEX will provide comprehensive service, including installation, service, and training across McCoy's operational regions. This strategic move is expected to expand Trimble's market reach across multiple central U.S. states, supporting its strategy to enhance technology accessibility for mixed fleet operators. Trimble's Senior Vice President of Field Systems, Ron Bisio, expressed optimism about the partnership, citing positive customer reception in other markets where new resellers have been introduced.

APEX Technologies' affiliation with Trimble is set to leverage McCoy's extensive industry presence, bolstered by over 65 years of experience, to deepen market penetration. This collaboration is expected to facilitate higher technology adoption rates among construction professionals, ensuring improved productivity and competitiveness on job sites.

Comments



Add a public comment...
No comments

No comments yet