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.

On August 7, 2026, Edward T. Rizzuti, Executive Vice President and Head of Corporate Development at Alamo Group Inc., notified the company of his intent to retire effective September 11, 2026. The departure is not due to any disagreements regarding operations or financial reporting. Following his retirement, Mr. Rizzuti entered into a consulting agreement beginning September 14, 2026, and expiring December 31, 2026, under which he will receive $20,000 per month plus expense reimbursement to advise on corporate development initiatives such as acquisitions and divestitures. Alamo Group Inc. operates in the agricultural machinery industry, manufacturing specialized equipment for farming operations.

Alamo Group Inc. reported second quarter 2026 financial results with net sales of $450.7 million, a 7.6% increase year-over-year. Net income was $30.9 million ($2.55 diluted EPS), while adjusted net income rose to $34.2 million ($2.82 adjusted diluted EPS). Adjusted EBITDA reached $63.9 million, or 14.2% of sales. The Industrial Equipment Division drove growth with $271.6 million in sales (+12.8%), aided by the Petersen acquisition, while Vegetation Management sales remained flat at $179.1 million. The company renewed its credit facility in May 2026, preserving $602.5 million in committed capacity including a $400.0 million revolver and $202.5 million term loan. At June 30, cash stood at $195.0 million against total debt of $262.7 million. Alamo Group manufactures and sells high-quality industrial and vegetation management equipment.

Alamo Group Inc. announced the appointment of Greg Lucas as Vice President, Corporate Controller and Chief Accounting Officer, who will also serve as the Company's principal accounting officer, replacing Agnes Kamps in that capacity. Mr. Lucas is expected to begin his employment on or before August 10, 2026, with an annual base salary of $335,000.00 and initial restricted stock awards valued at $200,000.00. Alamo Group Inc. operates in the industrial equipment manufacturing sector, providing specialized equipment for various industries.