<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13D-2(a)
(Amendment No.____________________)*
Alamo Group Inc.
---------------------------------------
(Name of Issuer)
Common Stock, par value $.10 per share
-----------------------------------------------------
(Title of Class of Securities)
011311107
-----------------------------------------------------
(CUSIP Number)
Copy to:
Paul R. Wood
Madison Dearborn Partners, Inc.
Three First National Plaza
Chicago, Illinois 60602
312/895-1000
Michael H. Kerr, P.C.
Kirkland & Ellis
200 E. Randolph Drive
Chicago, Illinois 60601
312/861-2000
------------------------------------------------
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
August 18, 1998
-------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[_].
Note: Schedules filed in proper format shall include a signed original and five
copies of this schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
Page 1 of 22 Pages
<PAGE>
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Capital Partners II, L.P.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] (b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
Not Applicable
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,847,395 (See Item 5)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
39.5% (See Item 5)
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
- ------------------------------------------------------------------------------
2
<PAGE>
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Partners II, L.P.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] (b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
Not Applicable
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,847,395 (See Item 5)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
39.5% (See Item 5)
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
PN
- ------------------------------------------------------------------------------
3
<PAGE>
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Madison Dearborn Partners, Inc.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] (b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
Not Applicable
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,847,395 (See Item 5)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
39.5% (See Item 5)
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
4
<PAGE>
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
AGI Acquisition Corp.
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] (b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
Not Applicable
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,847,395 (See Item 5)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
39.5% (See Item 5)
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
5
<PAGE>
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
WEC Company
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] (b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
PF
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,847,395 (See Item 5)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,847,395 (See Item 5)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
39.5% (See Item 5)
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
6
<PAGE>
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1
Woods Equipment Company
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_] (b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
SOURCE OF FUNDS*
4
Not Applicable
- ------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) or 2(E) [_]
5
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
6
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
7
NUMBER OF 0 (See Item 5)
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
3,847,895 (See Item 5)
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 0 (See Item 5)
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
3,847,895 (See Item 5)
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
3,847,895 (See Item 5)
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
39.5% (See Item 5)
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
14
CO
- ------------------------------------------------------------------------------
7
<PAGE>
Item 1. Security and Issuer.
-------------------
This Schedule 13D Statement (this "Statement") relates to the Common Stock,
$.10 par value (the "Common Stock") of Alamo Group Inc. (the "Issuer"). The
address of the Issuer's principal executive offices is 1502 E. Walnut Road,
Sequin, Texas 78155.
Item 2. Identity and Background.
-----------------------
This Statement is being jointly filed by each of the following persons
pursuant to Rule 13d-1(f) promulgated by the Securities and Exchange Commission
(the "Commission") pursuant to Section 13 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"): (i) AGI Acquisition Corp., a Delaware
corporation ("AGI"), by virtue of its direct beneficial ownership of options
exercisable for shares of Common Stock covered by this Statement ("Options");
(ii) WEC Company, a Delaware corporation ("WEC"), by virtue of its direct
beneficial ownership of the Options; (iii) Woods Equipment Company, a Delaware
corporation ("Woods"), by virtue of it being the owner of all of the outstanding
capital stock of WEC; (iv) Madison Dearborn Capital Partners II, L.P., a
Delaware limited partnership ("MDCP"), by virtue of its direct beneficial
ownership of 87.2% of the issued and outstanding shares of common stock of
Woods; (v) Madison Dearborn Partners II, L.P., a Delaware limited partnership
("MDP"), by virtue of it being the general partner of MDCP; and (vi) Madison
Dearborn Partners, Inc., a Delaware corporation ("MDP, Inc."), by virtue of it
being the general partner of MDP. AGI, WEC, Woods, MDCP, MDP and MDP, Inc. are
collectively referred to herein as the "Reporting Persons." Dispositive and
voting power of securities owned by MDP is shared by MDP, Inc. and an advisory
committee of limited partners of MDP (the "L.P. Committee"). Attached as
Schedule A to this Schedule 13D is information concerning the Reporting Persons
and other persons and entities as to which such information is required to be
disclosed in response to Item 2 and General Instruction C to Schedule 13D.
Information with respect to each of the Reporting Persons is given solely
by such Reporting Person, and no Reporting Person assumes responsibility for the
accuracy or completeness of information given by another Reporting Person. By
their signature on this Statement, each of the Reporting Persons agrees that
this Statement is filed on behalf of such Reporting Person.
The Reporting Persons may be deemed to constitute a "group" for purposes of
Section 13(d)(3) of the Act. The Reporting Persons expressly disclaim that they
have agreed to act as a group other than as described in this Statement.
MDCP, MDP and MDP, Inc. are engaged in the private equity investment
business. The address of the principal business and principal office of each of
MDCP, MDP and MDP, Inc. is Three First National Plaza, Suite 3800, Chicago,
Illinois 60602.
8
<PAGE>
Woods is a holding company, the principal operating subsidiary of which is
WEC. WEC is engaged in the business of designing, manufacturing and marketing
attachments for ground maintenance and construction equipment. AGI is a newly
formed, wholly-owned subsidiary of WEC and was formed for the sole purpose of
effecting the Merger (see Item 4). The address of the principal business and
principal office of AGI, WEC and Woods is 6944 Newburg Road, Rockford, Illinois
61108.
During the past five years, none of the Reporting Persons or their officers
or directors has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
During the past five years, none of the Reporting Persons or their officers
or directors was a party to a civil proceeding of a judicial or administrative
body of competent jurisdiction as a result of which such person was or is
subject to a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activity subject to, federal or state securities laws
or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The Options were purchased by WEC from its internal funds, for an aggregate
purchase price of $4,000.00 pursuant to option agreements, dated as of August
18, 1998, by and between WEC, AGI and each of Mr. Donald J. Douglass, (Chairman
and Chief Executive Officer of the Issuer), Mrs. Helen Douglass (wife of Mr.
Douglass), the Douglass Charitable Remainder Unitrust, and Capital Southwest
Venture Corporation (collectively, the "Option Agreements"). The Option
Agreements between WEC, AGI and each of Mr. Donald J. Douglass and Capital
Southwest Venture Corporation, which together are exercisable to purchase up to
3,694,975 shares of Common Stock (or 96.0% of the shares of Common Stock covered
by this Schedule 13D), are filed hereto and made a part hereof as Exhibit A. All
of the Option Agreements are identical, except that the Option Agreement between
WEC, AGI and Mr. Donald J. Douglass is exercisable to purchase up to 1,034,975
shares of Common Stock, the Option Agreement between WEC, AGI and Capital
Southwest Venture Corporation is exercisable to purchase up to 2,660,000 shares
of Common Stock, the Option Agreement between WEC, AGI and the Douglass
Charitable Remainder Unitrust is exercisable to purchase up to 89,420 shares of
Common Stock, and the Option Agreement between WEC, AGI and Mrs. Helen Douglass
is exercisable to purchase up to 63,000 shares of Common Stock. No decision has
been made at this time as to the source of funds for any exercise of the Options
which may occur in the future. Potential sources include internal funds of the
Reporting Persons and/or borrowings from one or more sources yet to be
identified.
Item 4. Purpose of Transaction.
WEC, AGI and the Issuer have entered into an Agreement and Plan of Merger,
dated as of August 18, 1998 (the "Merger Agreement"), pursuant to which, subject
to the satisfaction or waiver of the terms and conditions set forth in the
Merger Agreement, AGI will merge with and into the Issuer (the "Merger"), with
the Issuer continuing in existence as a wholly-owned subsidiary of WEC. In the
Merger, the Issuer's shareholders other than the Reporting Persons will receive
cash in the amount of $18.50 per share of Common Stock. The Option Agreements
were executed in connection with the execution of the Merger Agreement. The
Merger Agreement is filed hereto and made a part hereof as Exhibit B.
9
<PAGE>
Item 5. Interest in Securities of the Issuer.
The Options are exercisable to purchase up to 3,847,395 shares of Common
Stock (the "Shares") at a price per share of $18.50 in cash, subject to
adjustment under certain circumstances. As of the date hereof, all of the
Shares covered by the Options are issued and outstanding and are held of record
by the person granting the Option. Pursuant to Rule 13d-3(d)(1)(i)(D)
promulgated by the Commission under the Exchange Act, AGI and WEC may be deemed
to be the beneficial owners of the Shares. WEC also received a proxy to vote the
shares which are the subject of the Options on matters relating to the Merger.
Woods and MDCP may be deemed to be the beneficial owner of the Shares, and such
beneficial ownership would represent approximately 39.5% of the Common Stock
outstanding at August 18, 1998. MDP is the general partner of MDCP and exercises
investment and voting control over securities owned by MDCP. Investment and
voting control over securities owned by MDCP is shared at MDP by the L.P.
Committee, the members of which are listed on Schedule A of this Statement, and
by MDP, Inc., the general partner of MDP. The sole director of MDP, Inc. is set
forth on Schedule A of this Statement. Thus, by virtue of the investment and
voting control exercised by MDP as general partner of MDCP and shared by members
of the L.P. Committee and MDP, Inc., each of the Reporting Persons may be deemed
to beneficially own the Shares.
The filing of this Statement shall not be construed as an admission by AGI,
WEC, Woods, MDCP, MDP, MDP, Inc., or any member of the L.P. Committee that such
person is, for the purpose of Section 13(d) or 13(g) of the Exchange Act, the
beneficial owner of any securities covered by this Statement.
All such ownership percentages of the securities reported herein are based
upon 9,735,759 shares of Common Stock outstanding as of July 31, 1998, as
disclosed in the Issuer's 10-Q filed with the Commission on August 14, 1998 for
the fiscal quarter ended June 30, 1998.
There have been no transactions by the Reporting Persons in the Common
Stock during the past 60 days which are required to be reported in this
Statement.
No person other than the Reporting Persons has the right to receive or the
power to direct the receipt of dividends from or the proceeds from the sale of
the Common Stock underlying the Options owned beneficially by any of the
Reporting Persons.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
to Securities of the Issuer.
10
<PAGE>
Reference is made to the information disclosed under Items 2, 3 and 4 of
this Statement which is incorporated by reference in response to this Item.
Item 7. Materials to be Filed as Exhibits.
Exhibit A: Option agreements, dated as of August 18, 1998, by and
between AGI, WEC and each of Mr. Donald J. Douglass and Capital
Southwest Venture Corporation (previously filed as Exhibits 10.1
and 10.2 to the Current Report on Form 8-K (Commission File
No. 0-21220) filed by the Issuer with the Securities and Exchange
Commission August 20, 1998 and incorporated herein by reference
thereto).
Exhibit B: Agreement and Plan of Merger, dated as of August 18, 1998,
by and between Issuer, AGI and WEC (previously filed as Exhibit
2.1 to the Current Report on Form 8-K (Commission File No.
0-21220) filed by the Issuer with the Securities and Exchange
Commission August 20, 1998 and incorporated herein by reference
thereto).
Exhibit C: Agreement of Joint Filing, dated as of August 26, 1998,
among AGI, WEC, Woods, MDCP, MDP and MDP, Inc.
11
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: August 27, 1998
AGI Acquisition Corp.
By: /s/ Thomas J. Laird
-------------------
Name: Thomas J. Laird
Title: President
12
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: August 27, 1998
WEC Company
By: /s/ Thomas J. Laird
-------------------
Name: Thomas J. Laird
Title: President
13
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: August 27, 1998
Woods Equipment Company
By: /s/ Thomas J. Laird
-------------------
Name: Thomas J. Laird
Title: President
14
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: August 27, 1998
Madison Dearborn Capital Partners II, L.P.
By: Madison Dearborn Partners II, L.P.
Its: General Partner
By: Madison Dearborn Partners, Inc.
Its: General Partner
By: /s/ Paul R. Wood
--------------------
Name: Paul R. Wood
Title: Managing Director
15
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: August 27, 1998
Madison Dearborn Partners II, L.P.
By: Madison Dearborn Partners, Inc.
Its: General Partner
By: /s/ Paul R. Wood
--------------------
Name: Paul R. Wood
Title: Managing Director
16
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: August 27, 1998
Madison Dearborn Partners, Inc.
By: /s/ Paul R. Wood
--------------------
Name: Paul R. Wood
Title: Managing Director
17
<PAGE>
SCHEDULE A
Director of Madison Dearborn Partners, Inc.
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Citizenship
- ---- --------------- -----------
<S> <C> <C>
John A. Canning, Jr. Three First National Plaza United States
Suite 3800
Chicago, IL 60602
</TABLE>
Executive Officers of Madison Dearborn Partners, Inc.*
-----------------------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name and Title Business Office Citizenship
- -------------- -------------------- -----------
<S> <C> <C>
John A. Canning, Jr. Three First National Plaza United States
President Suite 3800
Chicago, IL 60602
Paul J. Finnegan Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
William J. Hunckler,III Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Samuel M. Mencoff Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Paul R. Wood Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Justin S. Huscher Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Benjamin D. Chereskin Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Thomas R. Reusche Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
</TABLE>
* All executive officers of Madison Dearborn Partners, Inc. are members of the
Advisory Committee of Limited Partners of Madison Dearborn Partners II, L.P.
18
<PAGE>
Executive Officers of Madison Dearborn Partners, Inc. (cont'd)
--------------------------------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Citizenship
- ---- --------------- -----------
<S> <C> <C>
James N. Perry, Jr. Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Nicholas W. Alexos Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Timothy P. Sullivan Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Gary J. Little Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
David F. Mosher Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
Robin P. Selati Three First National Plaza United States
Managing Director Suite 3800
Chicago, IL 60602
</TABLE>
Directors of AGI Acquisition Corp.
----------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Citizenship
- ---- --------------- -----------
<S> <C> <C>
Paul R. Wood Three First National Plaza United States
Suite 3800
Chicago, IL 60602
Thomas R. Reusche Three First National Plaza United States
Suite 3800
Chicago, IL 60602
</TABLE>
19
<PAGE>
Executive Officers of AGI Acquisition Corp.
-------------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Office Citizenship
- ---- -------------------- ------ -----------
<S> <C> <C> <C>
Paul R. Wood Three First National Plaza Chairman United States
Suite 3800
Chicago, IL 60602
Thomas R. Reusche Three First National Plaza President United States
Suite 3800
Chicago, IL 60602
Thomas J. Laird 6944 Newburg Road Vice President United States
Rockford, IL 61108 and Secretary
</TABLE>
Director of WEC Company.
------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Citizenship
- ---- --------------- -----------
<S> <C> <C>
Paul R. Wood Three First National Plaza United States
Suite 3800
Chicago, IL 60602
</TABLE>
Executive Officers of WEC Company.
---------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Office Citizenship
- ---- -------------------- ------ -----------
<S> <C> <C> <C>
Paul R. Wood Three First National Plaza Chairman and United States
Suite 3800 Assistant
Chicago, IL 60602 Secretary
Thomas R. Reusche Three First National Plaza Vice President United States
Suite 3800
Chicago, IL 60602
Thomas J. Laird 6944 Newburg Road President and United States
Rockford, IL 61108 Chief Executive
Officer
Michael Carney 6944 Newburg Road Vice President United States
Rockford, IL 61108 Operations
</TABLE>
20
<PAGE>
Executive Officers of WEC Equipment Company. (cont'd)
-----------------------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Office Citizenship
- ---- -------------------- ------ -----------
<S> <C> <C> <C>
David S. Crider 6944 Newburg Road Vice President United States
Rockford, IL 61108 Finance, Chief
Financial Officer,
Secretary and Treasurer
Steven M. Vandemore 6944 Newburg Road Vice President, United States
Rockford, IL 61108 General Manager
</TABLE>
Directors of Woods Equipment Company.
------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Citizenship
- ---- -------------------- -----------
<S> <C> <C>
Paul R. Wood Three First National Plaza United States
Suite 3800
Chicago, IL 60602
Thomas R. Reusche Three First National Plaza United States
Suite 3800
Chicago, IL 60602
Timothy M. Hurd Three First National Plaza United States
Suite 3800
Chicago, IL 60602
Thomas J. Laird 6944 Newburg Road United States
Rockford, IL 61108
</TABLE>
Executive Officers of Woods Equipment Company.
---------------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Office Citizenship
- ---- -------------------------- ------ -----------
<S> <C> <C> <C>
Paul R. Wood Three First National Plaza Chairman United States
Suite 3800
Chicago, IL 60602
Thomas J. Laird 6944 Newburg Road President and United States
Rockford, IL 61108 Chief Executive
Officer
Thomas R. Reusche Three First National Plaza Vice President United States
Suite 3800 and Treasurer
Chicago, IL 60602
</TABLE>
21
<PAGE>
Executive Officers of Woods Equipment Company. (cont'd)
-------------------------------------------------------
<TABLE>
<CAPTION>
Address of Principal
Name Business Office Office Citizenship
---- -------------------------- ------ -------------
<S> <C> <C> <C>
Timothy M. Hurd Three First National Plaza Vice President and United States
Suite 3800 Secretary
Chicago, IL 60602
Michael Carney 6944 Newburg Road Vice President United States
Rockford, IL 61108
David S. Crider 6944 Newburg Road Vice President and United States
Rockford, IL 61108 Assistant Secretary
Steven M. Vandemore 6944 Newburg Road Vice President United States
Rockford, IL 61108
</TABLE>
22
<PAGE>
EXHIBIT C
---------
SCHEDULE 13D JOINT FILING AGREEMENT
-----------------------------------
The undersigned and each other person executing this joint filing agreement
(this "Agreement") agree as follows:
(i) The undersigned and each other person executing this Agreement are
individually eligible to use the Schedule 13D to which this Exhibit is attached
and such Schedule 13D is filed on behalf of the undersigned and each other
person executing this Agreement; and
(ii) The undersigned and each other person executing this Agreement are
responsible for the timely filing of such Schedule 13D and any amendments
thereto, and for the completeness and accuracy of the information concerning
such person contained therein; but none of the undersigned or any other person
executing this Agreement is responsible for the completeness or accuracy of the
information statement concerning any other persons making the filing, unless
such person knows or has reason to believe that such information is inaccurate.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed to be an original, but all of which, taken together, shall
constitute one and the same instrument.
* * * * *
Date: August 26, 1998
AGI Acquisition Corp.
By: /s/ Thomas J. Laird
-----------------------
Print Name: Thomas J. Laird
Title: President
WEC Company
By: /s/ Thomas J. Laird
-----------------------
Print Name: Thomas J. Laird
Title: President
<PAGE>
Woods Equipment Company
By: /s/ Thomas J. Laird
-----------------------
Print Name: Thomas J. Laird
Title: President
Madison Dearborn Capital Partners II, L.P.
By: Madison Dearborn Partners, Inc.
Its: General Partner
By: /s/ Paul R. Wood
-----------------------
Print Name: Paul R. Wood
Title: Managing Director
Madison Dearborn Partners II, L.P.
By: Madison Dearborn Partners, Inc.
Its: General Partner
By: /s/ Paul R. Wood
-----------------------
Print Name: Paul R. Wood
Title: Managing Director
By: Madison Dearborn Partners, Inc.
Its: General Partner
By: /s/ Paul R. Wood
-----------------------
Print Name: Paul R. Wood
Title: Managing Director
2
