Douglas Dynamics Inc (PLOW) Exchange: NYSE

Douglas Dynamics Inc is an American corporation that designs, manufactures, and sells snow and ice control products for experts on light and commercial vehicles around the world. Founded in 1959 in Milwaukee, Wisconsin, the company began producing quality-crafted snowplows before expanding their product offering to include other winter products such as spreaders, plow blades and other winter service tools. Douglas Dynamics’ wide range of product offerings has allowed the company to become the largest manufacturer of snow and ice management equipment in North America. Since its inception, Douglas Dynamics has enjoyed a steady growth in its operations and profitability, highlighted by IPD Analytics listing the company as one of the 10 most profitable snowplow manufacturers in the US in 2017. Douglas Dynamics’ success has been a result of continued innovation in their products and technology, as well as their commitment to customer service and after-sales support. In 2020, the company expanded its operations to include a limited production of turf and agricultural equipment, further broadening its portfolio. Douglas Dynamics has a workforce of more than 1,000 employees and operates four manufacturing facilities in Wisconsin and Mississippi. The company prides itself on employee satisfaction and hosts several initiatives for them for career development and well-being. As Douglas Dynamics continues to grow, its focus and commitment to providing superior snow and ice management products is expected to remain at the forefront of its operations.