Alamo Sells Herschel Parts to Bourgalt Tillage Tools Ltd.
Alamo Group Inc. announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd. Herschel Parts, a manufacturer of high-quality agricultural replacement and wear parts based in Indianola, IA was originally acquired by Alamo Group in 1995 and represented a small part of Alamo Group’s Vegetation Management Division.
Chief Executive Officer and President, Jeffery A. Leonard, commented on the sale as follows, “We are pleased to announce the successful sale of our small operation in Indianola, IA. This decision reflects our commitment to driving continuous improvement.”
Alamo was founded in 1969, has approximately 4,050 employees and operates 29 plants in North America, Europe, Australia and Brazil.
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Source: AgriMarketing.com