DOUGLAS DYNAMICS, INC

Douglas Dynamics, Inc. (NYSE: PLOW) operates as North America's premier manufacturer and upfitter of commercial work truck attachments and equipment. The company maintains its website at www.douglasdynamics.com and serves the snow and ice control, truck-mounted equipment, and vehicle upfitting industries across the United States and Canada.

The company operates through two primary segments. The Work Truck Attachments segment manufactures and sells snow and ice control equipment under the FISHER, SNOWEX, and WESTERN brands, along with truck-mounted service cranes and dump hoists under the VENCO and VENTURO brands. This segment generated approximately 80 percent of revenue in 2025, with the remaining 20 percent derived from parts and accessories. The Work Truck Solutions segment manufactures municipal snow and ice control products and provides upfitting services for Class 3-8 trucks and commercial work vehicles under the HENDERSON and DEJANA brands, serving both dealer networks and governmental entities.

Douglas Dynamics employs 1,764 people across the United States, with a small sourcing office in Beijing, China. The company operates one owned facility in Rockland, Maine and leases twenty-four manufacturing, service, and upfit facilities across twelve states. The Work Truck Attachments segment benefits from an extensive distribution network comprising approximately 3,000 points of sale, primarily through North American truck equipment and lawn care equipment distributors concentrated in snow belt regions. The Work Truck Solutions segment maintains approximately 2,700 customer relationships across the truck equipment industry.

The company maintains a substantial installed base exceeding 500,000 snowplows and sand and salt spreaders in service, providing predictable replacement demand driven by typical equipment lifecycles of nine to twelve years. Douglas Dynamics holds approximately 46 U.S. registered trademarks, 51 U.S. issued patents, and 7 Canadian patents protecting its proprietary technology and brand identity. The company's competitive advantages include exceptional brand equity developed over 75 years, the industry's broadest product offering, operational efficiency through lean manufacturing principles, and strong cash flow generation capabilities that support reinvestment, acquisitions, and shareholder returns.