Manufacturer News

Polaris Industries Inc. Announces Organizational Changes

Polaris Industries Inc. (NYSE: PII) today announced that, effective immediately, it is merging its Polaris sales (this announcement has no impact on the Motorcycle sales force), sales operations, service, corporate marketing and interactive team into a unified global customer excellence team led by Tim Larson, vice president of Global Customer Excellence. The company also announced that Bill Fisher, vice president and chief information officer, will retire from Polaris at the end of 2014, necessitating leadership transitions within the company's Information Services organization.
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Bandit Industries Backs Away From Alamo Offer

Bandit Industries has announced that the company will remain privately owned, in the hands of current owners Jerry Morey, Mike Morey Sr. and Dianne Morey. The three have elected to turn down the offer from Alamo Group Inc., negating Alamo's pending acquisition of Bandit.
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Lynn Woolf
From the Desk of Lynn Woolf

What Are You Worth to a Customer?

I met a consultant a few years ago who had no set rates. His clients paid him what they thought his time was worth. Letting others determine your income is unpredictable at best and a risk many aren't willing to take. But, think about his confidence in the value he was providing his clients, not because he thought so, but because they thought so.
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Alamo Group Announces Termination of Negotiations to Acquire Bandit Industries

SEGUIN, Texas, December 16, 2013 -- Alamo Group Inc. (NYSE: ALG) today announced that negotiations relating to the proposed acquisition of Bandit Industries, Inc. have been terminated. The proposed transaction with Bandit had previously been announced on November 19, 2013 based on the letter of intent entered between the parties and as a result of the public disclosure that the transaction had been approved under the Hart-Scott-Rodino antitrust review. As announced at that time, the transaction was subject to completion of an acquisition agreement and certain other conditions and, as of now, the parties have been unable to reach an agreement
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