Roy Applequist (born June 3, 1946) is an American businessman who owned Great Plains Manufacturing from 1976 to 2016 and Applequist Manufacturing starting in 2018, both farm equipment companies based in Kansas.
Roy Applequist | |
|---|---|
| Born | June 3, 1946 Salina, Kansas, U.S. |
| Education | North Park University (BA, 1968) |
| Known for | Farm equipment manufacturing |
Early life
editRoy Applequist was born on June 3, 1946, in Salina, Kansas.[1] He attended Salina High School, graduating in 1964. In 1968, he earned his Bachelor of Arts degree in economics from North Park University in Chicago before returning to Salina. Soon after he returned, the foundry manager of his father's agricultural manufacturing business, Roberts Industries, resigned. Applequist filled the position until the company was sold in to Federal-Mogul in 1976.[2]
Great Plains Manufacturing
editThe sale of Roberts Industries prompted Applequist to found his own farm equipment business, Great Plains Manufacturing, on April 1, 1976. He originally started it in the same building where his father's business formed, but moved operations to Assaria, Kansas in 1979. In late 1981, Applequist added a new facility in Salina.[2]
In 1982, Applequist started a trucking division of Great Plains Manufacturing to deliver the company's products and transport raw materials.[3]
The corporate headquarters also moved to a building in Salina in 1995.[2]
Great Plains Manufacturing sold its products in all 50 U.S. states and internationally before being sold to Kubota for $430 million in July 2016 (equivalent to $550 million in 2023).[2]
Recognition
editIn 2006, Applequist was inducted into the Salina Business Hall of Fame. That year, Great Plains Manufacturing was named the Kansas Governor's Exporter of the Year for its international success.[1]
Applequist was inducted into the Kansas Business Hall of Fame as its contemporary honoree in 2010.[4] He also received No-Till Farmer magazine's No-Till Innovator Award in 2010 for his role in pioneering the no-till farming drill and his companies efforts in educating farmers about new agriculture techniques.[3]
Applequist Manufacturing
editIn 2018, about two years after his sale of Great Plains Manufacturing, Roy started a new agricultural equipment business in Smith Center, Kansas, called Applequist Manufacturing.[2] Construction of its 138,000-square-foot (12,800 m2) production facility began in January 2019 and is now complete. Applequist Manufacturing's headquarters are in Assaria.[5]
References
edit- ^ a b "Roy Applequist". Kansas Business Hall of Fame. 2010. Retrieved July 28, 2024.
- ^ a b c d e "Applequist Family History". Applequist Manufacturing. Retrieved July 28, 2024.
- ^ a b Lessiter, Mike (August 22, 2023). "Celebrating the Innovations of Independent Farm Equipment Manufacturers: Roy Applequist". Farm Equipment. Lessiter Media. Retrieved July 28, 2024.
- ^ "Contemporary Honorees". Kansas Business Hall of Fame. Retrieved July 28, 2024.
- ^ "Our Roots". Applequist Manufacturing. Retrieved July 28, 2024.
