Alamo Group Inc. announced it will cease production of its Boxer branded line of products as part of an ongoing portfolio review. The company estimates it will incur approximately $7.0 million to $10.0 million in charges during the third quarter of 2026 related to this action, primarily driven by inventory and equipment valuation assumptions. These charges are expected to be non-cash impairments with no material cash expenditures anticipated. Alamo Group Inc. operates in the agricultural machinery industry, manufacturing specialized equipment such as mowers, balers, and sprayers.
