Alamo Group Inc - Company Profile
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Business Description
Alamo Group Inc (Alamo Group) is a designer, manufacturer and distributor of agriculture and infrastructure maintenance equipment. It offers products such as tractor-mounted mowing and other vegetation maintenance equipment; street sweepers; vacuum trucks; excavators; pothole patchers; agricultural implements; snow removal equipment; zero turn radius mowers; and related aftermarket parts and services. The company offers its products to governmental end-users, related independent contractors, and to agricultural and commercial turf markets.
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R&D Overview
The company’s R&D activities focus on improving its existing products and developing and manufacturing new products. It focuses on investing in innovative technology to create high-performing and energy-efficient products. The company is committed to ongoing research and development efforts, both for their existing products as well as new ones. In FY2022, the company spent US$14.3 million on R&D activities, which as a percentage of revenue stood at 0.9% and grew 22.2% YoY. As of December 31, 2022, Alamo Group’s patents and trademarks net book value stood at US$78.9 million.
Business Segments
Overview
Offers products such as truck and tractor-mounted mowers; sweepers; pothole patchers; vacuum trucks; snowplows; and heavy-duty snow removal equipment; boom-mounted mowers; hitches for trucks snow blowers; dump bodies; and spreaders. Serves governmental organizations; related independent contractors; and other industrial markets. Major brands include Alamo Industrial, Gradall; Rivard; VacAll; Henke; Schwarze; Everest; Wausau; Tiger; Nite-Hawk; Super Products; Dutch Power; ODB; H. P. Fairfield; and Tenco and RPM.
Performance
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Overview
Provides equipment for maintenance and recycling of organic materials. Its product portfolio includes mowing equipment, ranging from rotary cutters to flail mowers attached to booms. Additionally, it also provides equipment for forestry and tree care, such as tree chippers, stump grinders, mulchers, and brush cutters. Major brands include Dixie Chopper, Schulte, McConnel, Bomford, Fieldquip and others.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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