Alamo Group announced today that Ron Robinson, the company's president and CEO, has informed the Board of Directors of his intention to retire preferably by mid-year 2021 and upon the appointment of his successor.
Alamo Group's net sales for the first quarter of 2018 were $238.1 million compared to net sales of $215.4 million for the first quarter of 2017, an increase of 10.5%.
Net sales for the fourth quarter of 2017 were $243.3 million compared to net sales of $205.5 million in the fourth quarter of 2016, an increase of 18.4%.
Alamo Group's net sales for the third quarter of 2017 were $240.5 million compared to $216.8 million in the third quarter of 2016, an increase of 10.9%.
Alamo Group (NYSE: ALG) announced that it has entered into an agreement to acquire 100% of the outstanding capital shares of Santa Izabel Agro Industria (“Santa Izabel”), a privately held company owned by Soufer Industria.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.