SEGUIN, Texas, March 30, 2015 /PRNewswire/ -- Alamo Group
Inc. (NYSE: ALG) announced that effective April 6, 2015. Richard H. (Rick) Raborn will be joining the
Company as its Executive Vice President, North American
Agricultural Division.
Rick comes to Alamo Group from Illinois Tool Works (ITW), one of
the world's leading diversified manufacturers of specialized
industrial equipment, consumables and related service business,
where he was Vice President and General Manager of the Powertrain
Metals Division. He was with ITW and a predecessor company,
Sexton Can, for the last eighteen years. Rick graduated from
the University of Southern Mississippi
where he earned a degree in Business Administration.
Ron Robinson, Alamo Group's
President and Chief Executive Officer commented, "We are delighted
to have Rick join our management team. He will be replacing
Rick Pummell in this position who,
as previously announced, will be retiring from Alamo in May after over 10 years with the
Company running our Agricultural Division. Rick Raborn's wealth of experience with
international manufacturing companies like ours makes him an
excellent addition to our Company, and I look forward to working
closely with him as we continue to develop our business in this
division. He will be based at Alamo's corporate headquarters in Seguin, Texas."
Alamo Group is a leader in the design, manufacture, distribution
and service of high quality equipment for infrastructure
maintenance, agriculture and other applications. Our products
include truck and tractor mounted mowing and other vegetation
maintenance equipment, street sweepers, snow removal equipment,
excavators, vacuum trucks, other industrial equipment, agricultural
implements and related after-market parts and services. The
Company, founded in 1969, has approximately 3,100 employees and
operates 25 plants in North
America, Europe,
Australia and Brazil as of December 2015. The
corporate offices of Alamo Group Inc. are located in Seguin, Texas and the headquarters for the
Company's European operations are located in Salford Priors,
England.
Forward Looking Statements
This release contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause the Company's actual results in future periods to differ
materially from forecasted results. Among those factors which could
cause actual results to differ materially are the following: market
demand, competition, weather, seasonality, currency-related issues,
and other risk factors listed from time to time in the Company's
SEC reports. The Company does not undertake any obligation to
update the information contained herein, which speaks only as of
this date.
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SOURCE Alamo Group Inc.