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ALAMO GROUP INC — fact timeline

Source-grounded facts extracted from ALAMO GROUP INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ALG ALAMO GROUP INC JSON
Material Agreements

ALAMO GROUP INC entered into 2026 Credit Agreement with Bank of America, N.A., as Administrative Agent valued at $602,500,000 (effective 2026-05-27).

“On May 27, 2026, Alamo Group Inc. (the “Company”), as the borrower, and each of its domestic subsidiaries as guarantors, entered into a Fourth Amended and Restated Credit Agreement (the “2026 Credit Agreement”) with Bank of America, N.A., as Administrative Agent.”
Debt Financings

ALAMO GROUP INC incurred credit facility of up to $602,500,000 with Bank of America, N.A. at Term SOFR rate plus an applicable margin ranging from 1.25% to 2.25% maturing May 27, 2031.

“The 2026 Credit Agreement provides the Company with the ability to request loans and other financial obligations in an aggregate amount of up to $602,500,000.”

Richard H. Raborn departed as Executive Vice President of the Vegetation Management Division at ALAMO GROUP INC.

“Richard H. Raborn, the Executive Vice President of the Vegetation Management Division of Alamo Group Inc. (the “Company”), will be retiring from the Company on May 29, 2026.”
Earnings Releases

ALAMO GROUP INC reported first quarter 2026 results: revenue $417.1 million, net income $29.2 million, EPS $2.41 per fully diluted share.

“Net sales for the first quarter of 2026 were $417.1 million, an increase of 6.7% compared to $391.0 million for the first quarter of 2025. Net income for the first quarter of 2026 was $29.2 million, or $2.41 per fully diluted share compared to $31.8 million, or $2.64 per fully diluted share for the first quarter of 2025.”
Shareholder Votes

ALAMO GROUP INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2026 at the 2026-05-01 meeting.

“The appointment of KPMG LLP to serve as the Company's independent auditor for the fiscal year ending December 31, 2026 was ratified.”
Shareholder Votes

ALAMO GROUP INC shareholders approved Advisory vote on compensation of named executive officers at the 2026-05-01 meeting.

“The stockholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as described in our Proxy Statement, by the votes set forth in the table below:”
Shareholder Votes

ALAMO GROUP INC shareholders approved Election of directors at the 2026-05-01 meeting.

“The stockholders approved the election of all nine of the nominees for director to serve until the next Annual Meeting or until their successors are duly elected and qualified.”
M&A Transactions

ALAMO GROUP INC completed an acquisition involving Petersen Industries, Inc. for approximately $166,500,000 on a cash free, debt free basis, subject to certain closing adjustments (closed 2026-01-26).

“On January 26, 2026, the Company completed the acquisition of Petersen. Total consideration paid was approximately $166,500,000 on a cash free, debt free basis, subject to certain closing adjustments.”
Material Agreements

ALAMO GROUP INC entered into Membership Interest Purchase Agreement with Petersen Industries, Inc. valued at approximately $166,500,000 (effective 2025-12-10).

“On December 10, 2025, Alamo Group Inc. (the “Company”) issued a press release announcing that the Company, through Alamo Group (USA) Inc., a wholly-owned subsidiary of the Company, entered into a definitive Membership Interest Purchase Agreement ("Purchase Agreement") to acquire 100% of the equity interests in Petersen Industries, Inc. (“Petersen”). The total consideration for the purchase is approximately $166,500,000, subject to certain post-closing adjustments.”

Agnes Kamps changed role as Chief Financial Officer at ALAMO GROUP INC.

“Effective as of Mr. Eckert’s actual departure date, and until such time as a replacement is named, Agnes Kamps, Executive Vice President and Chief Financial Officer of the Company (“CFO”) and principal financial officer of the Company (“PFO”), is expected to assume the role of PAO on an interim basis.”

Ian Eckert departed as Vice President, Corporate Controller and Chief Accounting Officer at ALAMO GROUP INC.

“On November 1, 2024, Alamo Group Inc. (the “Company”) was informed by Ian Eckert , the Company’s Vice President, Corporate Controller and Chief Accounting Officer and principal accounting officer of the Company (“PAO”) , that he is resigning from such position effective no later than January 3, 2025 to pursue another opportunity.”
Governance Changes

ALAMO GROUP INC: Amendment and restatement of bylaws to include additional shareholder disclosure/procedural requirements for director nominations and proposals, clarification on waiver of notice, and addition of severability provision (effective 2024-10-31).

“On October 31, 2024, the Board of Directors (the “Board”) of the Company approved the amendment and restatement of the Bylaws of the Company (the “Amended and Restated Bylaws”). The Amended and Restated Bylaws are effective as of October 31, 2024. The principal revisions in the Amended and Restated Bylaws include (i) additional disclosure and procedural requirements for shareholders to submit director nominations and shareholder proposals to, among other things, align such provisions with recent developments in Delaware law, (ii) a clarification related to waiver of notice by shareholders and (iii) the addition of a severability provision.”

Michael A. Haberman retired as Executive Vice President of the Company's Industrial Equipment Division at ALAMO GROUP INC.

“The acceleration was in relation to Mr. Haberman's August 6, 2024 retirement as Executive Vice President of the Company's Industrial Equipment Division as previously disclosed in a Current Report on Form 8-K filed with the Securities Exchange Commission (the "SEC") on June 10, 2024.”

Michael A. Haberman retired as Executive Vice President of the Industrial Equipment Division at ALAMO GROUP INC.

“On June 10, 2024, Alamo Group Inc. (the “Company”) issued a press release announcing the retirement of Executive Vice President of the Industrial Equipment Division of the Company, Michael A. Haberman, effective August 6, 2024.”
Shareholder Votes

ALAMO GROUP INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2024 at the 2024-05-02 meeting.

“Proposal 3 - Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2024 The appointment of KPMG LLP to serve as the Company's independent auditor for the fiscal year ending December 31, 2024 was ratified. The voting results were as follows: For Against Abstain Broker Non-Votes 11,051,415 362,461 2,639 —”
Shareholder Votes

ALAMO GROUP INC shareholders approved Advisory vote on compensation of named executive officers at the 2024-05-02 meeting.

“Proposal 2 - Advisory vote on compensation of named executive officers The stockholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as described in our Proxy Statement, by the votes set forth in the table below: For Against Abstain Broker Non-Votes 10,916,690 144,255 7,470 348,100”
Shareholder Votes

ALAMO GROUP INC shareholders approved Election of directors at the 2024-05-02 meeting.

“Proposal 1 - Election of directors The majority of stockholders approved the election of all eight of the nominees for director to serve until the next Annual Meeting or until their successors are duly elected and qualified. The voting results were as follows: For Against Abstain Broker Non-Votes Robert P. Bauer 10,727,165 336,474 4,776 348,100 Eric P. Etchart 10,793,741 269,878 4,796 348,100 Nina C. Grooms 10,773,234 290,506 4,675 348,100 Paul D. Householder 11,054,229 9,391 4,795 348,100 Tracy C. Jokinen 10,997,535 66,205 4,675 348,100 Jeffery A. Leonard 11,042,868 20,751 4,796 348,100 Richard W. Parod 11,043,137 20,481 4,797 348,100 Lorie L. Tekorius 10,897,906 165,657 4,852 348,100”

Richard J. Wehrle retired as Executive Vice President, Chief Financial Officer and Treasurer at ALAMO GROUP INC.

“the previously disclosed retirement of Richard J. Wehrle as Executive Vice President, Chief Financial Officer and Treasurer”

Ian Eckert was appointed as Vice President, Corporate Controller and Chief Accounting Officer at ALAMO GROUP INC.

“Ian Eckert was appointed Vice President, Corporate Controller and Chief Accounting Officer by Alamo Group Inc. (the "Company") on December 5, 2023 after joining the Company in June 2023 as Corporate Controller.”

Agnes Kamps was appointed as Executive Vice President and Treasurer at ALAMO GROUP INC.

“The Company also announced that Agnes Kamps has joined the Company as its Executive Vice President and Treasurer as of March 6, 2024.”

Richard J. Wehrle departed as Executive Vice President, Chief Financial Officer, and Treasurer at ALAMO GROUP INC.

“On March 6, 2024, Alamo Group Inc. (the “Company”) issued a press release announcing the retirement of Executive Vice President, Chief Financial Officer, and Treasurer, Richard J. Wehrle, effective May 3, 2024.”
Earnings Releases

ALAMO GROUP INC reported fourth quarter and year ended December 31, 2023 results: revenue $417.5 million, net income $31.5 million, EPS $2.63 per diluted share.

“Fourth quarter 2023 net sales were $417.5 million compared to $386.6 million in the fourth quarter of 2022, an increase of 8%.”

Paul D. Householder was elected as Director at ALAMO GROUP INC.

“At a meeting of the Company’s Board on February 22, 2024, the Board increased the size of the Board from eight members to nine members and elected Mr. Paul D. Householder as a director effective immediately.”

Roderick R. Baty retired as Director at ALAMO GROUP INC.

“On February 22, 2024, Roderick R. Baty notified Alamo Group Inc. (the "Company") of his retirement from the Company's Board of Directors (the “Board”), effective April 30, 2024.”
Earnings Releases

ALAMO GROUP INC reported the third quarter ended September 30, 2023 results: revenue $419.6 million, net income $34.9 million, EPS $2.91 per diluted share.

“today reported results for the third quarter ended September 30, 2023. Highlights for the Quarter • Eighth consecutive quarterly record for sales and earnings • Net sales of $419.6 million, up 13.8% ◦ Vegetation Management net sales of $246.9 million, up 8.0% ◦ Industrial Equipment net sales of $172.7 million, up 23.1% • Income from operations of $49.8 million,”
Earnings Releases

ALAMO GROUP INC reported second quarter ended June 30, 2023 results: revenue $440.7 million, net income $36.4 million, EPS $3.03 per diluted share.

“SEGUIN, Texas, August 2, 2023 -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2023. Highlights for the Quarter • Net sales of $440.7 million, up 11.2% ◦ Vegetation Management net sales of $261.3 million, up 2.5% ◦ Industrial Equipment net sales of $179.3 million, up 27.0% • Income from operations of $54.4 million, up”
Shareholder Votes

ALAMO GROUP INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2023 at the 2023-05-04 meeting.

“Proposal 4 - Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2023 The appointment of KPMG LLP to serve as the Company's independent auditor for the fiscal year ending December 31, 2023 was ratified. The voting results were as follows: For Against Abstain Broker Non-Votes 11,098,113 301,472 5,745 —”
Shareholder Votes

ALAMO GROUP INC shareholders approved Advisory vote on the frequency with which to hold an advisory vote concerning named executive officer compensation at the 2023-05-04 meeting.

“Proposal 3 - Advisory vote on the frequency with which to hold an advisory vote concerning named executive officer compensation The stockholders voted, on an advisory, non-binding basis, that the frequency of the advisory vote on compensation of our named executive officers should be held as set forth in the table below: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 8,748,815 905 2,373,555 5,512 276,543”
Shareholder Votes

ALAMO GROUP INC shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-04 meeting.

“Proposal 2 - Advisory vote on compensation of named executive officers The stockholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as described in our Proxy Statement, by the votes set forth in the table below: For Against Abstain Broker Non-Votes 10,995,340 122,500 10,947 276,543”
Shareholder Votes

ALAMO GROUP INC shareholders approved Election of directors at the 2023-05-04 meeting.

“Proposal 1 - Election of directors The majority of stockholders approved the election of all eight of the nominees for director to serve until the next Annual Meeting or until their successors are duly elected and qualified. The voting results were as follows: For Against Abstain Broker Non-Votes Roderick R. Baty 10,781,124 343,067 4,596 276,543 Robert P. Bauer 10,944,755 179,436 4,596 276,543 Eric P. Etchart 10,728,780 395,312 4,695 276,543 Nina C. Grooms 11,077,439 46,653 4,695 276,543 Tracy C. Jokinen 11,087,020 36,995 4,772 276,543 Jeffery A. Leonard 11,101,926 22,266 4,595 276,543 Richard W. Parod 11,063,088 61,102 4,597 276,543 Lorie L. Tekorius 11,077,362 46,655 4,770 276,543”
Earnings Releases

ALAMO GROUP INC reported the first quarter ended March 31, 2023 results: revenue $411.8 million, net income $33.3 million, EPS $2.79 per diluted share.

“EARNINGS SEGUIN, Texas, May 4, 2023 -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2023. Highlights for the Quarter • Net sales of $411.8 million, up 13.7% ◦ Vegetation Management net sales of $256.4 million, up 16.0% ◦ Industrial Equipment net sales of $155.3 million, up 10.2% • Income from operations of $49.0 million, up”
Earnings Releases

ALAMO GROUP INC reported financial results for the fourth quarter and year ended December 31, 2022.

“On February 23, 2023, Alamo Group Inc. issued a press release announcing, among other things, financial results for the fourth quarter and year ended December 31, 2022.”
Governance Changes

ALAMO GROUP INC: Amended and restated Bylaws effective December 8, 2022, including modifications to shareholder meetings, director nominations, board meetings, officer responsibilities, lead director provisions, conforming to DGCL amendments, and emergency procedures (effective 2022-12-08).

“On December 8, 2022, the Board of Directors (the “Board”) of Alamo Group Inc., a Delaware corporation (the “Company”), approved the amendment and restatement of the Bylaws of the Company (the “Amended and Restated Bylaws”). The Amended and Restated Bylaws are effective as of December 8, 2022.”
Earnings Releases

ALAMO GROUP INC reported the third quarter ended September 30, 2022 results: revenue $368.8 million, net income $25.8 million, EPS $2.16 per diluted share.

“Texas, November 3, 2022 -- Alamo Group Inc. (NYSE: ALG) today reported record results for the third quarter ended September 30, 2022. Highlights for the Quarter • Net sales of $368.8 million, up 9.0% ◦ Vegetation Management net sales of $228.5 million, up 8.9% ◦ Industrial Equipment net sales of $140.3 million, up 9.2% • Income from operations of $35.8 million, up”
Debt Financings

ALAMO GROUP INC incurred credit facility of up to $655,000,000 with Bank of America, N.A., as Administrative Agent at at a Term Secured Overnight Financing Rate (“SOFR”) or a Base Rate (each as defi maturing October 28, 2027.

“On October 28, 2022, the Company, as the borrower, and each of its domestic subsidiaries as guarantors, entered into a Third Amended and Restated Credit Agreement (the “2022 Credit Agreement”) with Bank of America, N.A., as Administrative Agent. The 2022 Credit Agreement provides the Company with the ability to request loans and other financial obligations in an aggregate amount of up to $655,000,000.”

Nina C. Grooms was elected as Director at ALAMO GROUP INC.

“At a meeting of the Company's Board of Directors on December 9, 2021, Ms. Nina C. Grooms was elected as a director effective immediately.”

Dan E. Malone was appointed as Executive Vice President and Chief Sustainability Officer at ALAMO GROUP INC.

“Mr. Dan E. Malone, the Company’s immediately preceding Chief Financial Officer, was appointed as the Company’s Executive Vice President and Chief Sustainability Officer.”

Richard J. Wehrle was appointed as Executive Vice President and Chief Financial Officer at ALAMO GROUP INC.

“appointed Mr. Richard J. Wehrle as the Company’s Executive Vice President and Chief Financial Officer”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.