FARGO (AP) - A company here that operates agricultural and construction equipment dealerships has filed for an initial public offering of its common stock.

Titan Machinery Inc. did not disclose the number or expected price range of the shares to be offered, but indicated in its filing with the Securities and Exchange Commission that the offering price could be about $35 million.

Titan Machinery plans to list its shares on the Nasdaq Stock Market under the symbol "TITN."

Titan Machinery Chairman and CEO David Meyer would not comment on the company's regulatory filing Friday.

The company's Web site says it has 33 stores in North Dakota, South Dakota, Minnesota and Iowa.

Titan Machinery is a dealer for Case IH, Case Construction, New Holland, and New Holland Construction.

The company sells equipment for farming and home and garden use. It also sells heavy construction and light industrial machinery for commercial and residential construction, road and highway construction and mining.

In its regulatory filing, the company said it would use net proceeds from the offering for several purposes, including purchasing more dealerships and repaying outstanding debt. The company said it also planned to used the proceeds for working capital and to pay accrued cash dividends.

Titan said it increased its earnings to $3.7 million, from $2.7 million in fiscal 2006. The company said it also increased its revenue in the fiscal year to $292.6 million, from $228.5 million.