Valmont Industries Inc - Company Profile
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Valmont Industries Inc (Valmont) is a provider of engineered products and services for infrastructure development and agriculture facilities. Its major products include steel, aluminum and composite pole, tower and other structures, concrete pole structure and mechanized irrigation systems. The company also offers hot-dipped galvanizing, anodizing, e-coating and powder coating services. Valmont also produces highway safety products, engineered access systems and integrated structure solutions for smart cities. The company serves municipalities and government entities, manufacturers of commercial lighting fixtures, telecommunications and utility companies, contractors, large farms and the general manufacturing sector. Valmont distributes products directly and also through a network of commissioned agents. The company has its operations across the Americas, Europe, Africa, Asia, and Australia. Valmont is headquartered in Omaha, Nebraska, the US.
Headquarters
United States of America
Address
15000 Valmont Plaza, Omaha, Nebraska, 68154
Website
www.valmont.com
Telephone
1 402 9631000
No of Employees
11,125
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
VMI (NYSE)
Revenue (2022)
$4.2B
-3.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-39.9%
(2022 vs 2021)
Market Cap*
$4.3B
Net Profit Margin (2022)
XYZ
-37.4%
(2022 vs 2021)
* As of and is in US$
Valmont Industries Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Engineered Infrastructure | Metal Coating | Carsonite |
| Engineered Poles | Hot-Dipped Galvanizing | CMT |
| Towers | E-Coating | Concealfab |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company and FieldSync entered into an agreement for the evolution of data acquisition and analytics in the telecommunications market. |
| 2023 | Acquisitions/Mergers/Takeovers | In August, the company acquired HR Products. |
| 2023 | Contracts/Agreements | In July, the company announced the completion of a solar installation with Ameresco, Inc to power concrete utility pole manufacturing facility. |
Competitor Comparison
| Key Parameters | Valmont Industries Inc | Alcoa Corp | Hubbell Inc | Flowserve Corp | IDEX Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Omaha | Pittsburgh | Shelton | Irving | Northbrook |
| State/Province | Nebraska | Pennsylvania | Connecticut | Texas | Illinois |
| No. of Employees | 11,125 | 13,600 | 18,317 | 16,000 | 8,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Avner Applbaum | Chief Executive Officer; President | Senior Management | 2023 | - |
| Gene Padgett | Senior Vice President - Finance; Chief Accounting Officer | Senior Management | 2022 | 52 |
| Claudio O. Laterreur | Senior Vice President - Information Technology; Chief Information Officer | Senior Management | 2019 | 56 |
| R. Andrew Massey | Chief Legal and Compliance Officer; Vice President; Secretary | Senior Management | 2006 | 53 |
| Timothy P. Francis | Chief Financial Officer - Interim | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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