Alamo Group Inc. (NYSE: ALG) announced that effective Aug. 8 it has acquired R.P.M. Tech Inc. (“R.P.M.”), a manufacturer of heavy-duty snow removal equipment, mainly mechanical snow blowers and associated parts.
The company says it is optimistic about 2017 and beyond, while remaining concerned about "headwinds" constraining sales growth and increases in the cost of inputs, such as steel.
A 12-year veteran of Alamo Group, Deckler was general manager of Herschel and Alamo (IA) for 7 years beginning in 2007. His most recent position has been as national sales manager of Alamo's Rhino Ag brand.
Alamo announced that effective April 6, 2015, Richard H. Raborn will be joining the company as its executive vice president, North American Agricultural Division.
Herder is a manufacturer of flail mowers and other ag implements sold direct and through dealers to the sugar cane, orchard and other agricultural markets, as well as for roadside maintenance.
Net sales for the fourth quarter of 2014 were $223.9 million compared to net sales of $166.7 million for the fourth quarter of 2013, an increase of 34%.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
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