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Alamo Group Inc. Announces Appointment of Executive Vice President of North American Agricultural Division


News provided by

Alamo Group Inc.

Mar 30, 2015, 04:05 ET

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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.

SOURCE Alamo Group Inc.

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