Alamo: Q4/Fiscal Year Earnings
Alamo Group Inc. reported results for the fourth quarter and fiscal year ended December 31, 2024.
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Alamo Group
Alamo Closes RhinoAg Facility
Alamo Group alerted employees at its RhinoAg facility in Gibson City, IL., on Aug. 20, that it will consolidate operations with the Bush Hog facility in Selma, AL., by the end of March 2025.
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Alamo Group Announces Q2 Earnings
Alamo Group Inc. reported results for the second quarter ended June 30, 2024.
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Alamo Group Faces Union Strike at Gradall Industries
Alamo Group said it was notified that the unionized workers at its subsidiary, Gradall Industries LLC, located in New Philadelphia, Ohio, elected to strike after failing to reach a labor agreement.
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Alamo Group Announces CFO Retirement
Alamo Group Inc. announced that Richard J. Wehrle, executive vice president, chief financial officer and treasurer, will retire from the company on May 3, 2024.
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Alamo Group Announces Year End and Q4 Earnings
Alamo Group Inc., the manufacturer of Bush Hog, RhinoAg and Dixie Chopper, reported results for the fourth quarter and year ended December 31, 2023.
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Alamo Reports Record Q3 Net Sales
Alamo reported record third quarter 2023 net sales of $419.6 million, an increase of 13.8% compared to $368.8 million in the third quarter of 2022.
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Alamo Group Reports Record Q2 Earnings
Record second quarter 2023 net sales of $440.7 million increased 11.2% compared to $396.2 million in the second quarter of 2022.
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Alamo Reports Record Q1 Earnings
For the first quarter ended March 31, 2023, Alamo Group Inc. reported record net sales of $411.8 million.
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Alamo Reports Record 2022 Year End & Q4 Results
Alamo Group Inc. reported results for the fourth quarter and year ended December 31, 2022.
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Alamo Group Inc. Reports 2Q Results
Alamo Group achieved the highest quarterly sales and earnings in the Company’s history.
Read moreLeadership Changes at Alamo’s Ag Group
Tom Taylor, GVP North American Ag, announced plans to retire from Alamo Group on June 30th, 2022. Dan Samet is being promoted to replace Taylor.
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Alamo Group Reports Record Q1 Sales and Earnings
Alamo reports first quarter 2022 net sales were $362.0 million compared to $311.2 million in the first quarter of 2021, an increase of 16.3%.
Read moreAlamo Group Reports Record 1Q Sales and Earnings
SEGUIN, Texas, May 4, 2022 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2022. Highlights
Read moreAlamo Group Targets 50% Greenhouse Gas Emissions Reduction by 2030
SEGUIN, Texas, March 7, 2022 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) announced today a 2030 target to reduce its greenhouse gas emissions by
Read moreAlamo Group Reports Quarterly, Annual Earnings
CEO Jeff Leonard said shortages of hydraulic components in the fourth quarter affected nearly all of the company’s production operations.
Read moreAlamo Acquires Timberwolf
Timberwolf manufactures commercial wood chippers primarily serving markets in the U.K. and the European Union.
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Alamo Group Announces 2021 Third Quarter Results
Ag Division net sales increase 25% in Q3.
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Alamo Group Report Q2 Results
The Company’s Agricultural Division net sales in the second quarter of 2021 were $116.3 million compared to $86.4 million in the prior year’s second
Read moreAlamo Group Announces Prospective Changes
Realignment of the Ag Division into the Vegetation Management Division to take effect at the beginning of the Fourth Quarter of 2021
Appointment of Rick Raborn as the Executive Vice-President of the Vegetation Management Division
Net Sales in Ag Rise 17.5 Percent at Alamo
In spite of what CEO Ron Robinson characterized as “interesting times” resulting from pandemic business disruptions, he said the company is “rebounding nicely.”
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Alamo, New Holland Form Partnership
The companies said that the ability to finance together through CNH Industrial Capital simplifies New Holland customers’ purchase process.
Read moreAlamo, New Holland Form Partnership
The Agricultural Division of Alamo Group and New Holland Agriculture have formed a partnership that offers New Holland customers the opportunity to finance a tractor in the same transaction as their Bush Hog, Rhino, or Schulte-branded attachment.
Read moreJeff Leonard Named as Alamo Group CEO
Robinson will remain at Alamo Group through Aug. 1 to assist in the transition. He service as a member of the Board of Directors will continue beyond his departure from the company.
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Ag ‘Led the Way’ for Alamo in 2020
Alamo sees promising signs in the ag economy as well as challenges tied to operational issues.
Read moreAlamo CEO Robinson Prepares to Retire
The company’s board of directors has been preparing for such a transition and anticipates naming a new president and CEO within the next several months.
Read moreAlamo Group Announces CEO Retirement Plan
Alamo Group Inc. has announced that Ron Robinson, the Company’s President and CEO, has informed the Board of Directors of his
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Alamo Group Reports Record Net Sales
Alamo Group’s net sales for the quarter that ended Sept. 30 increased by 7.3 percent compared to the same quarter last year. Net sales in the agriculture division increased by 2 percent.
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Alamo Group Announces 2020 Third Quarter Results
SEGUIN, Texas, Oct. 28, 2020 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended
Read moreAlamo Group Sees Dip in Income in Q2
Net sales in the Agricultural Division were down for the second quarter and first half of the year. The division’s income from operations as a result of cost control and a favorable product mix.
Read moreAlamo Group Reports on Q1
Alamo Group’s net sales for the first quarter of 2020 increased by 20 percent compared to the same quarter in 2019. Net sales for the company’s Agricultural Division decreased by 4.4 percent.
Read moreFarm Equipment Makers, Related Industries React
Deere, AGCO, CNHI, and Alamo have reacted to the pandemic by temporarily shuttering overseas operations. Domestically, there is news of layoffs and plant closures resulting from employees testing positive.
Read moreAlamo Reports Financials, Comments on Coronavirus
Specific to agriculture, Alamo saw a 45.9 percent increase in bookings compared to the fourth quarter of 2018. CEO Ron Robinson said that while “this is certainly not a trend, any improvement in the agricultural market is a welcome development.”
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Tom Taylor Appointed VP in Newly Formed Ag Group
Taylor has been named vice president of specialty products in Alamo Group’s agriculture division.
Read moreAlamo Group Names Tom Taylor as VP of New Group
SEGUIN, Texas — Alamo Group Inc. announces that Tom Taylor has been appointed vice president-specialty markets in the company’s Agricultural Division. The
Read moreAlamo Group Releases Q3 Earnings
Alamo Group President and CEO Ron Robinson characterized the quarterly results as a “mixed bag.” In spite of record-setting net sales, net income fell for the quarter.
Read moreALAMO GROUP INC. ENTERS INTO AGREEMENT TO ACQUIRE MORBARK, LLC
SEGUIN, Texas, Sept. 11, 2019 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) announced that it has entered into an agreement to acquire 100% of
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