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Alamo Registers Slight Net Sales Rise for 3Q

November 14, 2012
Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2012. Net sales for the third quarter were $156.1 million compared to net sales of $155.1 million for the same quarter of 2011, an increase of 1%. Net income for the quarter was $8.6 million, or $0.71 per diluted share, versus $10.1 million, or $0.84 per diluted share, for the third quarter of 2011, a decrease of 15%. The decline in net income was attributed to some softness across all three of the Company's business segments.
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Manitou Posts 10% Revenue Gain in 3Q

November 14, 2012
Source: Jean-Christophe Giroux, Manitou President & CEO declared
Jean-Christophe, President & CEO declared: A revenue comes in quite strong, and secures our FY landing of 1,250m for a 10%+ growth over 2011. However, our focus is already on 2013, despite a very blurred environment. Order intake remains very volatile from one week to the next, and from one country to the next; Europe clearly slows down but US are quite strong with rental coming back; last, RTH also gets the adverse effect on orders of its lead times reduction effort in Q2. As of today, we anticipate a flat 2013 over 2012, but articulated into 2 contrasted half years.
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Precision Farming Dealer Accepting Nominations for First Annual Most Valuable Dealership

November 13, 2012 | Posted in Manufacturer & Dealer Issues, Dealer Succession
Precision Farming Dealer is proud to sponsor its first-annual Award of Excellence program to recognize North America's premier precision farming dealer. Dealers, manufacturers and others are invited to participate by nominating top precision farming dealers from across North America. There is no limit to the number of nominations that an individual can submit. We will not reveal to the dealers who nominated them for this award.
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European Case IH Dealer Network Meets in Austria

November 13, 2012
Source: Stackyard News
Case IH dealers from across Europe have gathered in Linz, Austria, to hear the business's management lay out ambitious plans for the next few years, as it seeks to develop the marques widely-recognized role as the major provider of professional products and services for productive, efficient farming enterprises.
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