Alamo Group Inc 8-K, filed Sep 30, 2026
Alamo Group Inc (ALG)
8-K
2026-09-30
For: 2026-09-29
View Original
Added on
September 30, 2026
About this 8-K
Alamo Group Inc filed this 8-K on September 30, 2026, reporting on events of September 29, 2026.
Items reported
- Item 2.05: Exit or restructuring costs
- Item 2.06: Material impairment
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 29, 2026
(Exact name of registrant as specified in its charter)
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| Securities registered pursuant to Section 12(b) of the Act: | ||||||||
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Common Stock, par value $.10 per share | ||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of
the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the
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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 2.06 Material Impairments
The discussion set forth under Item 2.05. Costs Associated with Exit or Disposal Activities is hereby incorporated by reference herein.
Forward Looking Statements
This Current Report on Form 8-K 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: adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, increasing costs due to inflation, disease outbreaks, geopolitical risks, including tariffs, trade wars, and the effects of the war in the Ukraine and the Middle East, 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.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| September 30, 2026 | By: /s/ Andrew Sefzik | ||||
| Andrew Sefzik, | |||||
| Vice President, General Counsel & Secretary | |||||