Alamo Group Inc. (NYSE:ALG) is included among the 13 Best January Dividend Stocks to Invest in. Alamo Group (ALG) Expands Industrial Equipment Portfolio With Petersen Acquisition On December 10, Alamo Group Inc. (NYSE:ALG) said it reached a definitive agreement to acquire Petersen Industries, Inc., a recognized maker of truck-mounted grapple loader equipment. The deal places a $166.5 million value on Petersen, subject to customary post-closing adjustments. The acquisition will be financed using a combin ...