Bandit mfer wood chippers etc with 400 employees located in Michigan walked away from Alamo Group! sounds like Bandit was protecting employee's and dealer network. ARTW would be perfect fit though Bandit appears be much larger.
after a less then factual article posted on Seeking Alpha SANW revealed research with breeder on Stevia answering article! facts are Alfalfa seeds in demand and shortage worldwide with SANW holding 18-19 million pounds and due to market conditions may hold back for sale next year.
conference call or the 10q will explain everything. In meantime most likely there was a connection between two companies such as ARTW purchased from AC. You would assume ARTW did not seek out this asset however there is a synergy between two companies. Universal Harvester and AC definitely have synergy. ARTW has done extremely well with UH and AC will open up ARTW away from AG business and also add to it. Location in Ohio is first manufacturing plant outside Iowa and new addition in Canada. We shall learn how much manufacturing is being done in Canada. Additionally I see Canada as a distribution point for all ARTW divisions including AC.