Valmont Industries Inc - Company Profile
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Business Description
Valmont Industries Inc (Valmont) is a producer and distributor of fabricated metal products. It offers a comprehensive range of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture. Valmont also offers metal coating services such as galvanizing, anodizing and painting.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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R&D Overview
Valmont conducts R&D operations through its research facility based in Israel. The company works upon novel irrigation techniques to provide better products to its customers. In FY2021, the company spent US$46,000 on R&D operations, which increased 24.3% YoY and as a percentage of sales, was negligible.
Business Segments
Overview
It consists of the manufacture of center pivot components and linear irrigation equipment for agricultural markets, including parts and tubular products, and advanced technology solutions for precision agriculture. Its manufacturing facilities are in North America, Brazil, United Arab Emirates, and China. It has a technology R&D center in Israel. In FY2022, the segment’s capital expenditure stood US$32.9 million, which grew 87.8% YoY.
Performance
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Overview
It consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. It comprised of five primary product lines: Transmission, Distribution, and Substation; Lighting and Transportation; Coatings; Telecommunications; and Renewable Energy. Its manufacturing facilities are in North America, Canada, Mexico, Australia, China, England, Estonia, Finland, France, Germany, India, Indonesia, Italy, Malaysia, the Netherlands, New Zealand, the Philippines, Poland, and Thailand. In FY2022, the segment’s capital expenditure stood US$53.2 million which decreased 26.2% YoY.
Performance
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Overview
It consists of offshore wind energy structures.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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