DOUGLAS DYNAMICS, INC.

(PLOW)
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Delayed Nyse  -  04:00 2022-08-12 pm EDT
33.79 USD   +2.99%
08/02DOUGLAS DYNAMICS, INC Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
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08/02Douglas Dynamics Seeks Mergers and Acquisitions
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08/02TRANSCRIPT : Douglas Dynamics, Inc., Q2 2022 Earnings Call, Aug 02, 2022
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Douglas Dynamics : Jon Sievert Announced as 57th NTEA Board Chairman

03/09/2021 | 12:03pm EDT

Jon Sievert Announced as 57th NTEA Board Chairman

MILWAUKEE, WI (March 9, 2021) - Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that Jon Sievert was named 57th Board chairman of NTEA - The Association for the Work Truck Industry. He is succeeding outgoing Chairman Peter Miller, executive vice president of business development & sales at Pro-Tech Industries (LaVergne, Tennessee).

"NTEA plays an important role advocating for, and proliferating best practices within, our industry. I am both proud of the work already undertaken, and excited to embark on this new journey as Board chair," said Jon. "As part of my Board service, I hope to bring awareness of work truck industry growth and advancement opportunities for the next generation of talent to come."

Jon's industry career began when he was hired as hydraulics value stream manager for Douglas Dynamics (DD). He has held various positions at the company, including business unit manager, director of operational excellence and president of Henderson Products. In his current role as president of the Work Truck Solutions segment for DD, he has leadership responsibilities at Henderson Products and Dejana Truck & Utility Equipment.

In 2016, Jon was elected to serve on NTEA's Board and, for the last five years, has been heavily involved in furthering Association and industry progress.

About Douglas Dynamics

Home to the most trusted brands in the industry, Douglas Dynamics is North America's premier manufacturer and upfitter of commercial work truck attachments and equipment. For more than 70 years, the Company has been innovating products that not only enable people to perform theirjobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the upfit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands.

Media Contact

Katie Sandieson

Director, Corporate Communications Douglas Dynamicsksandieson@douglasdynamics.com

Disclaimer

Douglas Dynamics Inc. published this content on 09 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2021 17:02:05 UTC.


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All news about DOUGLAS DYNAMICS, INC.
08/02DOUGLAS DYNAMICS, INC Management's Discussion and Analysis of Financial Condition and ..
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08/02Douglas Dynamics Seeks Mergers and Acquisitions
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08/02TRANSCRIPT : Douglas Dynamics, Inc., Q2 2022 Earnings Call, Aug 02, 2022
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Financials (USD)
Sales 2022 608 M - -
Net income 2022 35,6 M - -
Net Debt 2022 177 M - -
P/E ratio 2022 21,1x
Yield 2022 3,54%
Capitalization 751 M 751 M -
EV / Sales 2022 1,53x
EV / Sales 2023 1,41x
Nbr of Employees 1 436
Free-Float 97,4%
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Number of Analysts 2
Last Close Price 32,81 $
Average target price 40,50 $
Spread / Average Target 23,4%
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Managers and Directors
Robert L. McCormick President, Chief Executive Officer, COO & Director
Sarah C. Lauber Chief Financial Officer & Secretary
James L. Janik Non-Executive Chairman
James D. Staley Lead Independent Director
Donald W. Sturdivant Independent Director
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