Common Stock, par value$.10 per share
- Symbol
- ALG
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.05, 2.06 · 8-K
Alamo Group, Inc.
ALGNYSEEQUITYCurrent
Costs Associated with Exit or Disposal Activities · Material Impairments
Item 2.05 Costs Associated with Exit or Disposal Activities On September 29, 2026, Alamo Group Inc. (the “Company”), as part of its ongoing review of its product portfolio, decided to cease production of its Dixie Chopper branded line of products.…
Recent company filings
Registered securities in this filing
Alamo Group Inc. · 8-K · Filed 2026-09-30
Disclosure sections
Item 2.05Item 2.05 - Costs with Exit or Disposal
Item 2.05
Costs Associated with Exit or Disposal Activities
On September 29, 2026, Alamo Group Inc. (the “Company”), as part of its ongoing review of its product portfolio, decided to cease production of its Dixie Chopper branded line of products. The Company estimates that it will incur approximately $15.0 million to $20.0 million in charges in the third quarter of 2026 in connection with this action, including approximately $1.0 to $4.0 million in cash expenditures related to inventory returns, contractual purchase commitments, and other associated costs.
The estimates of charges are subject to a number of assumptions, including, but not limited to, the net realizable value of related inventory and equipment returns. The Company may incur other charges not currently contemplated due to unanticipated events that may occur.
Item 2.06Item 2.06 - Material Impairments
Item 2.06
Material Impairments
The discussion set forth under Item 2.05. Costs Associated with Exit or Disposal Activities is hereby incorporated by reference herein.