Source: WCIA TV (Champaign, IL)
Alamo Group alerted employees at its RhinoAg facility in Gibson City, Ill., on Aug. 20, that it will consolidate operations with the Bush Hog facility in Selma, Ala., by the end of March 2025, reports WCIA 3 News.
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.
