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Alamo Group

Seguin, Texas, United States · Agriculture and Farming, Farming, Manufacturing

Alamo Group is a leading global manufacturer of high-quality industrial and vegetation management equipment essential for public and private infrastructure maintenance and responsible land management practices. Our products include vacuum trucks, hydro-excavator machines, street sweepers, truck-mounted grapple machines, snow and ice removal equipment, tractor-mounted mowing attachments, recycling

Key facts

Headquarters
Seguin, Texas, United States
Employees
4,350
Industries
Agriculture and Farming, Farming, Manufacturing
Status
Public (ALG)
Website
alamo-group.com
LinkedIn
Company page

Recent activity at Alamo Group

  • : Alamo Group acquires Econ Engineering for £120 million
  • : SEC 8-K (1.01): On October 27, 2026, Alamo Group Inc. announced the completion of an acquisition of 100% of the equity interests in Econ Engineering Group Limited through its subsidiary, Alamo Group Europe Limited. The total purchase consideration is approximately £120,000,000 (around $158,700,000), subject to post-closing adjustments. Following the acquisition, Alamo Group plans to maintain operations in the United Kingdom from the facilities currently utilized by Econ. The press release detailing this acquisition is included as Exhibit 99.1, further highlighting the strategic importance of expanding Alamo's presence in Europe.
  • : SEC 8-K (2.05): On September 29, 2026, Alamo Group Inc. announced the decision to cease production of its Dixie Chopper branded line of products as part of a review of its product portfolio. The company anticipates incurring charges between $15.0 million and $20.0 million in the third quarter of 2026 due to this action. This includes an estimated $1.0 to $4.0 million in cash expenditures for inventory returns, contractual purchase commitments, and other associated costs. The estimates are contingent on various assumptions, including the net realizable value of related inventory, and may be subject to additional charges due to unforeseen events. This strategic move reflects the company's ongoing efforts to streamline its operations.
  • : SEC 8-K (2.05): On September 8, 2026, Alamo Group Inc. announced its decision to cease production of its Boxer branded line of products. This decision is part of an ongoing review of the company’s product portfolio. The company estimates that it will incur charges between $7.0 million and $10.0 million in the third quarter of 2026 as a result of this action. The estimated charges are contingent upon various factors, including the net realizable value of inventory and equipment returns, and other unforeseen events may lead to additional costs. Importantly, Alamo Group does not anticipate significant cash expenditures relating to these impairment charges.
  • : SEC 8-K (5.02):
  • : SEC 8-K (5.02): On July 5, 2026, Greg Lucas was appointed as Vice President, Corporate Controller, and Chief Accounting Officer of Alamo Group Inc., set to begin on or before August 10, 2026. He replaces Agnes Kamps, who will remain as Executive Vice President and Chief Financial Officer. Lucas previously held senior financial positions at Thermon Group and BNSF Railway, and will receive an annual salary of $335,000 with potential bonuses and stock awards. His employment is contingent upon passing pre-employment screenings, and he will also enter into a change in control agreement with the Company.
  • : SEC 8-K (1.01): On May 27, 2026, Alamo Group Inc. entered into a Fourth Amended and Restated Credit Agreement with Bank of America, providing the Company with the ability to request loans and other financial obligations totaling up to $602,500,000. The Company borrowed $202,500,000 through a term facility, with an additional $400,000,000 available through a revolving facility expiring in five years. Borrowings will incur interest based on multiple rates, and the Company is required to adhere to financial covenants regarding leverage and coverage ratios. This agreement underscores the Company's commitment to maintaining financial stability and provides substantial liquidity for growth and operations.
  • : SEC 8-K (5.02): Richard H. Raborn, the Executive Vice President of the Vegetation Management Division of Alamo Group Inc., is set to retire from the Company on May 29, 2026. The Company has entered into a Separation Agreement with Mr. Raborn, which includes a payment equal to his current annual base salary of $536,000, to be paid in installments over the following twelve months after his departure. This separation is amicable and not due to any disagreements related to the Company’s operations or financial practices. The Agreement terms are detailed in the attached Exhibit 10.1, highlighting significant compensatory arrangements in light of Mr. Raborn's retirement.
  • : Alamo Group acquires Petersen Industries
  • : SEC 8-K (2.01): On January 26, 2026, Alamo Group Inc., through its subsidiary Alamo Group (USA) Inc., completed the acquisition of 100% equity interests in Petersen Industries, Inc. for a total consideration of approximately $166,500,000. This acquisition was executed under a Membership Interest Purchase Agreement initially entered into on December 10, 2025, and the amount is subject to certain post-closing adjustments. The strategic implications of this acquisition suggest an expansion of Alamo's operations and product offerings, enhancing its market position in the industry.

Leadership

  • Daniel Perez, Corporate Director of Global Strategic Sourcing
  • Rick Raborn, Executive Vice President
  • Jean-Marc Tardif, Co-founder and President of E-Z Tech Marine and Châssis Aquisition & Optimisation
  • Dan Bratt, Vice President of Sales & Marketing
  • Damien Cleugh, Group Vice President
  • Robert Hureau, Chief Executive Officer
  • Jim Grooms, Vice President, Strategic Supply Chain Mgt
  • Janet Pollock, Corporate Vice President of Human Resources
  • Jessica Hernandez, People Operations & Talent Acquisition Partner | Building Scalable Teams,streamlined Systems, and Culture-focused Growth | Experienced in Recruiting, Onboarding, Compliance, and Operational Rollouts.
  • Everet Taylor, Corp Hr Manager, Talent Management & Recruiting
  • Agnes Kamps, Chief Financial Officer
  • Robert P. Hureau, Chief Executive Officer

Verified email and direct lines for Alamo Group’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

Employee benefit plans

Alamo Group files 9 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

Alamo Group in the news

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About Alamo Group: questions and answers

What does Alamo Group do?

Alamo Group is a leading global manufacturer of high-quality industrial and vegetation management equipment essential for public and private infrastructure maintenance and responsible land management practices. Our products include vacuum trucks, hydro-excavator machines, street sweepers, truck-mounted grapple machines, snow and ice removal equipment, tractor-mounted mowing attachments, recycling

Where is Alamo Group headquartered?

Alamo Group is headquartered in Seguin, Texas, United States.

How many employees does Alamo Group have?

Alamo Group has about 4,350 employees.

Who leads Alamo Group?

Rick Raborn is an Executive Vice President at Alamo Group.

What is the latest news on Alamo Group?

On Oct 27, 2026, Alamo Group acquires Econ Engineering for £120 million

Is Alamo Group a public company?

Yes. Alamo Group is publicly traded under the ticker ALG.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

Fundz watches Alamo Group across 18 signal types, from funding and M&A to exec moves and hiring.

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