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Stock impact report

Heavy equipment makers feeling tariff pain - study [Seeking Alpha]

Alamo Group, Inc. (ALG) 
Last alamo group, inc. earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: alamo-group.com/investor-relations
Company Research Source: Seeking Alpha
Heavy equipment makers feeling tariff pain - study - Alamo Group Inc. (NYSE:ALG) | Seeking Alpha Heavy equipment makers feeling tariff pain - study Mar. 18, 2019 7:47 AM ET | Alamo Group Inc. (ALG) Yoel Minkoff U.S. makers of bulldozers and other heavy equipment are raising prices, losing sales and in some cases beginning to trim workers in response to the Trump administration's protracted trade disputes. That's according to an economic analysis The study notes heavy equipment makers are particularly exposed to higher steel prices. "If you’re a domestic producer, you’re caught between eating a cost increase or raising prices and potentially losing business," said Scott Hazelton, a co-author of the report. Related: Caterpillar (NYSE: CAT TRX Click to subscribe to real-time analytics on ALG Now read: Understanding Caterpillar, The Cycle, And Why It Fell » Subscribe Show less Read more
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