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  September 5, 2001
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Home > Company Index > Manufacturing > Miscellaneous & Diversified Industrial Products > Valmont Industries, Inc.

Valmont Industries, Inc.
Nasdaq: VALM
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 PROFILE
Valmont Industries has pole position in the race to conserve water. The company primarily makes engineered metal structures such as poles (59% of sales) and agricultural irrigation equipment (39%). Lighting, utility, and communications companies use the metal structures in traffic light poles, wireless communications towers, and utilities infrastructure construction. Valmont's Valley-branded mechanized irrigation equipment is designed to conserve water, time chemical applications, and improve food production. Valmont also makes steel tubing and pressure vessels. The US accounts for 80% of sales; France, about 7%. Founder and chairman emeritus Robert Daugherty owns about 30% of the company.

 COMPETITION
American Tower Corporation (AMT)
Lindsay Manufacturing Co. (LNN)
Thomas & Betts Corporation (TNB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 846.10
1-Yr. Sales Growth: 37.8%
Employees: 5,503
Revenue per employee: $153,752.50

 KEY PEOPLE
• Mogens C. Bay
    CEO
• Terry J. McClain
    CFO

 CONTACT INFO
1 Valmont Plaza
Omaha, NE 68154
US
Phone: 402-963-1000
Fax: 402-963-1199
Online: Web Site

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