Along with the closing, employees will be laid off as well, starting in October.

According to the report, RhinoAg president Lisa Tubbs said in the letter the decision is a “strategic move necessary for the long-term sustainability” of the company.

Just days earlier, Alamo Group announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools. The company’s net sales for the second quarter ended June 30, 2024, were down 5.5% to $146.3 million. Net sales for its Vegetation Management division — which includes its ag products — were down 19.1% during the quarter vs. last year.

In the 2024 North American Equipment Dealers Assn. Dealer-Manufacturer Relations survey, RhinoAg was among the “rising stars,” showing the most improvement across every category.

| Member since 1952

Chief Executive Officer and President, Jeffery A. Leonard, commented on the sale as follows, “We are pleased to announce the successful sale of our small operation in Indianola, IA. This decision reflects our commitment to driving continuous improvement.”

Alamo was founded in 1969, has approximately 4,050 employees and operates 29 plants in North America, Europe, Australia and Brazil.

| Member since 2006
| Member since 1952
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