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Stock impact report

Alamo Group Inc. Provides Operational Update

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: PR Newswire
SEGUIN, Texas, April 7, 2020 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today provided an update on its current business operations as a result of the expanding impact of the COVID-19 pandemic.  While most of the Company's operations remain open, all are being affected to some extent by the spread of the virus.Previously, the Company announced the temporary closure of its facilities in France.  During the past week, the Company's Rivard plant in Daumeray has reopened on a partial basis and the other two French locations are working on plans to resume operations as well.  Alamo's two U.K. locations also remain temporarily closed, though they too are developing plans to reopen.  In North America two of the Company's four manufacturing plants in Canada are now closed, but as with all closed facilities, they still have limited resources available to make emergency shipments of parts and equipment and staff working remotely to support customer needs and maintain administrative functions. Show less Read more
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