Alamo Group history

By 1970, Terrain King was an official success, with $3 million in sales and $80,000 in earnings.

Another major force in Terrain King's future arrived when Oran F. Logan, an engineer with a degree in accounting, was hired as vice-president in 1972.

By 1974 Terrain King was gaining momentum and reached $5 million in annual revenues; the following year came the relocation from Houston to Seguin.

To concentrate more fully on its core business, mowing, Terrain King sold off the truck accessories line to create more manufacturing space for its increasing highway mowing operations in 1977.

On the heels of this decision came the acquisition of a large right-of-way mowing product line in 1978, and allocating funds for the research and development of more such equipment.

The move seemed precipitous, as the company celebrated a milestone in 1981 with sales surpassing the $10 million mark, reaching $11.1 million.

In its efforts to continue to stay head-and-shoulders above the competition, Terrain King bought and installed its first CAD/CAM system in 1982 and began acquiring selected businesses again the following year.

One such development was the 1984 purchase of the Triumph Machinery Corporation of New Jersey, which designed and produced hydraulic sickle-bar mowing equipment.

Further acquisitions came too, with both Servis-Rhino and the Kansas-based BMB Company in 1986.

1987: Alamo Group Inc. is reincorporated in Delaware.

1988 First self-propelled wide-area flail mower, Grounds Keeper.

The year's revenues, after 1991's sedentary $58 million, brought a whopping 35 percent increase in sales to $78.1 million, due in large part to its increased European presence.

Alamo's stock was listed on the New York Stock Exchange (ticker symbol ALG) and the company made a second public offering of two million shares at $17.50 each in July 1995.

Alamo's near nonstop growth began to catch up with it in 1996.

In addition to the company's vexations with Rhino International, weather conditions again brought down core agricultural sales while farming conditions and currency problems plagued European sales, which tumbled over 11 percent from 1997.

First fabricated boom and swivel rotary head, Maverick™ 2004

2012 First to introduce into the US remote control tool carriers with rubber tracks.