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<title>Alamo Corporation Form 8-K</title>



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<p class=MsoNormal align=center style='text-align:center'>UNITED STATES<br>
SECURITIES AND EXCHANGE
COMMISSION<br>
<b><font size="2">Washington, D.C. 20549</font></b></p>



<p class=MsoNormal align=center style='text-align:center'><b><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></b></p>

<p class=MsoNormal align=center style='text-align:center'><b><font size="4">&nbsp;FORM 8-K</font></b></p>



<p class=MsoNormal align=center style='text-align:center'><b>CURRENT REPORT<br>
PURSUANT TO SECTION 13
OR 15(d) OF THE<br>
SECURITIES EXCHANGE ACT
OF 1934</b></p>



<p class=MsoNormal align=center style='text-align:center'><b>Date of Report (Date of
earliest event reported)<br>
January 15, 2007</b></p>



<p class=MsoNormal align=center style='text-align:center'><b><font size="5">Alamo Group Inc.<br>
</font>
</b><font size="2">(Exact name of
registrant as specified in its charter)</font></p>



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  <p class=MsoNormal align=center style='text-align:center;text-autospace:none'><b>
	<font size="2">State of Delaware<br>
	</font></b><font size="2">(State or Other
  Jurisdiction<br>
	of Incorporation)</font></p>
  </td>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none'><b>
	<font size="2">0-21220<br>
	</font></b><font size="2">&nbsp;(Commission file
  number)</font></p>
  </td>
  <td valign=top style='padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' width="307">
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none'>
	<font size="2">&nbsp;<b>74-1621248<br>
	</b>(I.R.S. Employer<br>
	Identification No.)</font></p>
  </td>
 </tr>
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<p class=MsoNormal align=center style='text-align:center'><b><font size="2">1502 E. Walnut<br>
Seguin</font></b><font size="2"><b>, Texas 78155<br>
</b>(Address of Registrant's
principal executive offices, including zip code)</font></p>



<p class=MsoNormal align=center style='text-align:center'><b><font size="2">(830) 379-1480<br>
</font><u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
</font></u></b><font size="2">(Registrant's telephone
number, including area code)</font></p>
<p class=MsoNormal align=center style='text-align:center'><font size="2"><b>N.A.</b>
<br>
</font><b><u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
</font></u></b><font size="2">(Former name or former
address, if changed since last report)</font></p>



<p class=MsoNormal>Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions:</p>



<p class=MsoNormal><font face="Wingdings">o </font>Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>



<p class=MsoNormal><font face="Wingdings">o </font>Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>



<p class=MsoNormal><font face="Wingdings">o </font>Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</p>



<p class=MsoNormal><font face="Wingdings">o </font>Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</p>



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<p class=MsoNormal align=center style='text-align:center'><font size="2">EXPLANATORY NOTE
</font> </p>

<p class=MsoNormal style='margin-top:15.05pt'><font size="2">Item&nbsp;5.02 Departure of Directors or
Principal Officers; Election of Directors; Appointment of Principal Officers;
Compensatory arrangements of Certain Officers</font></p>



<p class=MsoNormal style='margin-top:5.0pt'><font size="2">Item 5.02(c). Appointment of Principal Officers.
</font>
</p>

<p class=MsoNormal style='margin-top:5.0pt;text-indent:24.5pt'><font size="2">On January 15, 2007, Alamo
Group Inc. (the &quot;Company&quot;) announced that Dan E. Malone has joined the Company
as Chief Financial Officer and Executive Vice President effective immediately. &nbsp;Mr.&nbsp;Malone,
age 46, most recently served as the Chief Financial Officer, Executive Vice
President and Corporate Secretary of Igloo Products Corporation, a manufacturer
of ice
chests and beverage coolers, from March 2002 through January 2007. &nbsp;Prior to
joining Igloo he was the Chief Financial Officer of the York Group, Inc. and served in various accounting management positions
with Cooper Industries Inc. (NYSE:CBE), a manufacturer of electrical products,
tools and hardware, from May 1987 through September 2000. &nbsp;(A copy of the press release issued by the Company
is attached hereto as Exhibit 99.1)</font></p>

<p class=MsoNormal style='margin-top:10.05pt;text-indent:24.5pt'><font size="2">Mr.&nbsp;Malone executed
an offer letter from the Company, pursuant to which he agreed to serve as the
Chief Financial Officer and Executive Vice President of the Company. The offer
letter is effective as of January 15, 2007 and provides that Mr.&nbsp;Malone
will receive an annual base salary of $210,000, and is eligible to receive an
annual bonus targeted at 30% of his base salary under the Company's previously
disclosed Incentive Compensation Plan. &nbsp;Pursuant to the offer letter, the
Company has engaged a relocation company to coordinate the relocation of Mr.
Malone and will pay closing costs associated with the sale of Mr. Malone's home
in Houston and certain other reasonable relocation expenses.&nbsp; The Company will
also pay Mr. Malone $2,500 per month for a maximum of six months or until his
home is sold, whichever occurs first. &nbsp;Mr.&nbsp;Malone is entitled to
participate in all benefit plans customarily made available to officers of the
Company on the same basis as other officers with Mr.&nbsp;Malone's equivalent
title and salary which includes the Alamo Group Inc. Incentive Stock Option
Plan (&quot;ISOP&quot;).&nbsp; In accordance with the offer, Mr.&nbsp;Malone will receive an
option for 25,000 shares of the Company's common stock under the ISOP, subject
to the approval of the Compensation Committee of the Board.&nbsp; This option has a
10 year term vesting at 20% per year and becoming fully vested in 5 years, the
price will be the closing price on the date of the grant.&nbsp; In addition,
Mr.&nbsp;Malone will receive a sign on bonus $25,000 cash bonus payable on
February 16, 2007.</font></p>

<p class=MsoNormal style='margin-top:10.05pt;text-indent:24.5pt'><font size="2">In connection with his
employment, the Company and Mr.&nbsp;Malone also entered into a Non-Competition
Agreement (the &quot;Agreement&quot;). The Agreement sets forth certain obligations to
which Mr.&nbsp;Malone will agree with regard to non-competition,
non-solicitation, and maintaining confidential information. The complete text
of the Agreement, a copy of which is attached as Exhibit 10.1 and incorporated
herein by reference. </font> </p>

<p class=MsoNormal style='margin-top:10.05pt;text-indent:24.5pt'><font size="2">Item 5.02(e). Compensatory
Arrangements of Certain Officers.</font></p>

<p class=MsoNormal style='margin-top:10.05pt;text-indent:24.5pt'><font size="2">The information set
forth in Item 5.02(c) above regarding the offer letter and the Agreement is
hereby incorporated by reference.</font></p>

<p class=MsoNormal style='margin-top:15.05pt'><font size="2">Item&nbsp;9.01. Financial Statements and
Exhibits. </font> </p>

<p class=MsoNormal style='margin-top:5.0pt;text-indent:24.5pt'><font size="2">(d) Exhibits. &nbsp;</font></p>

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text-indent:24.5pt'>

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  </td>
 </tr>
 <tr>
  <td valign=bottom style='border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
  <p class=MsoNormal><b><font size="2">Exhibit&nbsp;No.</font></b></p>
  </td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td width="84%" valign=bottom style='width:84.9%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p class=MsoNormal style='margin-bottom:.85pt'><b><font size="2">Description</font></b></p>
  </td>
 </tr>
 <tr style='height:6.0pt'>
  <td style='padding:0in 0in 0in 0in;height:6.0pt'>

  </td>
  <td colspan=2 style='padding:0in 0in 0in 0in;height:6.0pt'>

  </td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">10.1</font></p>
  </td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td width="84%" valign=top style='width:84.9%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;Offer
  Letter between Alamo Group Inc., a Delaware corporation, and Dan E. Malone</font></p>
  </td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">10.2</font></p>
  </td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td width="84%" valign=top style='width:84.9%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;Non-Competition
  Agreement between Alamo Group Inc., a Delaware corporation, and &nbsp;Dan E. Malone
  dated January 15, 2007</font></p>
  </td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="84%" valign=top style='width:84.9%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="84%" valign=top style='width:84.9%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
 </tr>
	<tr>
  <td valign=bottom style='border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
  <p class=MsoNormal><b><font size="2">Exhibit&nbsp;No.</font></b></p>
  </td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td width="84%" valign=bottom style='width:84.9%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
  <p class=MsoNormal style='margin-bottom:.85pt'><b><font size="2">Description</font></b></p>
  </td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  <font size="2">99.1</font></td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="84%" valign=top style='width:84.9%;padding:0in 0in 0in 0in'>
  <font size="2">Press
  Release naming Dan E. Malone as Chief Financial Officer and Executive Vice
  President of Alamo Group Inc., dated January 16, 2007</font></td>
 </tr>
 <tr>
  <td nowrap valign=top style='padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="6%" valign=bottom style='width:6.6%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
  <td width="84%" valign=top style='width:84.9%;padding:0in 0in 0in 0in'>
  &nbsp;</td>
 </tr>
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<p class=MsoNormal align=center style='text-align:center'><font size="2">SIGNATURES
</font> </p>

<p class=MsoNormal style='margin-top:10.05pt;text-indent:24.5pt'><font size="2">Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned authorized
officer. </font> </p>



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  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>

  </td>
  <td width="49%" colspan=3 valign=top style='width:49.94%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">Alamo
  Group Inc.</font></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">Date:
  January 16, 2007</font></p>
  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>

  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>

  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>

  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">By:</font></p>
  </td>
  <td valign=bottom style='border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>

  </td>
  <td width="45%" valign=top style='width:45.9%;border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
  <p class=MsoNormal align=center style='text-align:left'><font size="2">/s/ Ronald A. Robinson</font></p>
  </td>
 </tr>
 <tr>
  <td valign=top style='padding:0in 0in 0in 0in'>

  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>

  </td>
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  </td>
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  </td>
  <td valign=top style='padding:0in 0in 0in 0in'>

  </td>
  <td valign=bottom style='padding:0in 0in 0in 0in'>

  </td>
  <td width="45%" valign=top style='width:45.9%;padding:0in 0in 0in 0in'>
  <p class=MsoNormal><font size="2">&nbsp;&nbsp;&nbsp;&nbsp; Ronald
  A. Robinson<br>
&nbsp;&nbsp;&nbsp;&nbsp; President
  &amp; CEO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
  </td>
 </tr>
</table>



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{"company-data": {"conformed-name": "ALAMO GROUP INC", "cik": "0000897077", "assigned-sic": "3523", "irs-number": "741621248", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13854", "film-number": "07531241"}, "business-address": {"street1": "1502 E WALNUT", "city": "SEGUIN", "state": "TX", "zip": "78155", "phone": "8303791480"}, "mail-address": {"street1": "P.O. BOX 549", "street2": "1502 EAST WALNUT", "city": "SEGUIN", "state": "TX", "zip": "78155"}}
Alamo Corporation Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13
OR 15(d) OF THE
SECURITIES EXCHANGE ACT
OF 1934
Date of Report (Date of
earliest event reported)
January 15, 2007
Alamo Group Inc.
(Exact name of
registrant as specified in its charter)
State of Delaware
(State or Other
  Jurisdiction
of Incorporation)
0-21220
(Commission file
  number)
74-1621248
(I.R.S. Employer
Identification No.)
1502 E. Walnut
Seguin
, Texas 78155
(Address of Registrant's
principal executive offices, including zip code)
(830) 379-1480
(Registrant's telephone
number, including area code)
N.A.
(Former name or former
address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
EXPLANATORY NOTE
Item 5.02 Departure of Directors or
Principal Officers; Election of Directors; Appointment of Principal Officers;
Compensatory arrangements of Certain Officers
Item 5.02(c). Appointment of Principal Officers.
On January 15, 2007, Alamo
Group Inc. (the "Company") announced that Dan E. Malone has joined the Company
as Chief Financial Officer and Executive Vice President effective immediately.  Mr. Malone,
age 46, most recently served as the Chief Financial Officer, Executive Vice
President and Corporate Secretary of Igloo Products Corporation, a manufacturer
of ice
chests and beverage coolers, from March 2002 through January 2007.  Prior to
joining Igloo he was the Chief Financial Officer of the York Group, Inc. and served in various accounting management positions
with Cooper Industries Inc. (NYSE:CBE), a manufacturer of electrical products,
tools and hardware, from May 1987 through September 2000.  (A copy of the press release issued by the Company
is attached hereto as Exhibit 99.1)
Mr. Malone executed
an offer letter from the Company, pursuant to which he agreed to serve as the
Chief Financial Officer and Executive Vice President of the Company. The offer
letter is effective as of January 15, 2007 and provides that Mr. Malone
will receive an annual base salary of $210,000, and is eligible to receive an
annual bonus targeted at 30% of his base salary under the Company's previously
disclosed Incentive Compensation Plan.  Pursuant to the offer letter, the
Company has engaged a relocation company to coordinate the relocation of Mr.
Malone and will pay closing costs associated with the sale of Mr. Malone's home
in Houston and certain other reasonable relocation expenses.  The Company will
also pay Mr. Malone $2,500 per month for a maximum of six months or until his
home is sold, whichever occurs first.  Mr. Malone is entitled to
participate in all benefit plans customarily made available to officers of the
Company on the same basis as other officers with Mr. Malone's equivalent
title and salary which includes the Alamo Group Inc. Incentive Stock Option
Plan ("ISOP").  In accordance with the offer, Mr. Malone will receive an
option for 25,000 shares of the Company's common stock under the ISOP, subject
to the approval of the Compensation Committee of the Board.  This option has a
10 year term vesting at 20% per year and becoming fully vested in 5 years, the
price will be the closing price on the date of the grant.  In addition,
Mr. Malone will receive a sign on bonus $25,000 cash bonus payable on
February 16, 2007.
In connection with his
employment, the Company and Mr. Malone also entered into a Non-Competition
Agreement (the "Agreement"). The Agreement sets forth certain obligations to
which Mr. Malone will agree with regard to non-competition,
non-solicitation, and maintaining confidential information. The complete text
of the Agreement, a copy of which is attached as Exhibit 10.1 and incorporated
herein by reference.
Item 5.02(e). Compensatory
Arrangements of Certain Officers.
The information set
forth in Item 5.02(c) above regarding the offer letter and the Agreement is
hereby incorporated by reference.
Item 9.01. Financial Statements and
Exhibits.
(d) Exhibits.
Exhibit No.
Description
10.1
Offer
  Letter between Alamo Group Inc., a Delaware corporation, and Dan E. Malone
10.2
Non-Competition
  Agreement between Alamo Group Inc., a Delaware corporation, and  Dan E. Malone
  dated January 15, 2007
Exhibit No.
Description
99.1
Press
  Release naming Dan E. Malone as Chief Financial Officer and Executive Vice
  President of Alamo Group Inc., dated January 16, 2007
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned authorized
officer.
Alamo
  Group Inc.
Date:
  January 16, 2007
By:
/s/ Ronald A. Robinson
Ronald
  A. Robinson
President
  & CEO