Sourcewell Awards Recycling And Repurposing Equipment Contract To Morbark, An Alamo Group Inc. Holding; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Morbark, a holding of Alamo Group Inc., has been awarded a contract by Sourcewell, a service cooperative representing over 50,000 organizations, to provide recycling and repurposing equipment. This is the fifth consecutive contract Morbark has been awarded over the past ten years. The new four-year contract allows Sourcewell member agencies to access a full range of Morbark's equipment, streamlining the purchasing process.
September 06, 2023 | 3:45 pm
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Alamo Group Inc.'s holding, Morbark, has secured a new four-year contract with Sourcewell. This could potentially increase Alamo's revenues and strengthen its market position.
The new contract secured by Morbark, a holding of Alamo Group Inc., with Sourcewell, a cooperative representing over 50,000 organizations, could potentially increase Alamo's revenues and strengthen its market position. The contract allows Sourcewell member agencies to access a full range of Morbark's equipment, streamlining the purchasing process and potentially leading to increased sales.
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