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.
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