Outdoor Power Equipment

July 2017

Proudly serving the industry for which it was named for more than 50 years, Outdoor Power Equipment provides dealers who sell and service outdoor power equipment with valuable information to succeed in a competitive market.

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www.outdoorpowerequipment.com OUTDOOR POWER EQUIPMENT JULY 2017 17 Western Products, a Milwaukee, Wis.-based division of Douglas Dynamics, LLC, has been awarded a 2017 Top Workplaces honor by the Milwaukee Journal Sentinel. This is the eighth straight year that Western Products has earned a spot on the list. Workplaces are nominated by employees and judged solely on employee surveys administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. According to the Milwaukee Journal Sentinel, "The program recognizes businesses and organizations in southeast Wisconsin that provide their employees with a great work environment, flexibility, advancement opportunities and other tools they need to succeed." "Employee satisfaction and wellness is of paramount importance across our company and is a crucial factor in our ability to continually manufacture market-leading, top- quality products," said Linda Evans, vice president of human resources. "We are honored to continually be recognized by our employees as a top workplace. Our employees lead directly to our success as a whole, so we encourage them to be their best, and we provide a collaborative and positive work environment where every person can thrive." Western Products is a manufacturer of snow and ice management attachments and equipment, and is proud to maintain one of the lowest turnover rates in the industry, an accomplishment the company attributes to employee empowerment and ongoing skill development initiatives. The Top Workplace program also judges companies on their performance compared to their peers in their respective industries. Western Products employs approximately 300 people in the Milwaukee area. Parent company Douglas Dynamics employs approximately 1,600 people and has four manufacturing facilities and 13 truck equipment centers in the United States, as well as an office in Beijing, China. Western Products continues impressive run as a top Wisconsin workplace Our employees lead directly to our success as a whole, so we encourage them to be their best, and we provide a collaborative and positive work environment where every person can thrive." INDUSTRY NEWS Index Price Price Percent 52-week 52-week Index Ticker 5/25/17 4/25/17 Change High Low Dow Jones Industrial Average DJII 21,057.20 20,996.12 0.3% 21,169.11 17,063.08 S&P 500 SPX 2,408.03 2,388.61 0.8% 2,408.51 1,991.68 Stock Price Price Percent Annual Annual Company Ticker 5/25/17 4/25/17 Change High Low Briggs & Stratton Corporation BGG $23.88 $25.05 -4.7% $25.92 $17.90 Caterpillar CAT $104.40 $104.42 0.0% $105.98 $70.25 Deere & Company DE $122.78 $113.15 8.5% $122.82 $76.73 Douglas Dynamics, Inc. PLOW $29.05 $33.15 -12.4% $35.90 $20.45 Honda Motor Co. Ltd. HMC $27.73 $28.96 -4.2% $32.17 $24.03 Polaris Industries PII $86.21 $83.58 3.1% $99.00 $70.14 Terex TEX $33.92 $35.66 -4.9% $36.43 $18.91 Textron, Inc. TXT $47.69 $47.03 1.4% $50.93 $34.00 The Toro Company TTC $67.84 $64.80 4.7% $69.31 $41.49 US INDEXES OF INTEREST OUTDOOR POWER EQUIPMENT COMPONENTS Source: FactSet, Wells Fargo Securities, LLC FINANCIAL NEWS Continued on page 50

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