Type: Public
On the web: http://www.valmont.com
Employees: 9,188
Employee growth: 38.7%

Valmont Industries has pole position. Its founder, Robert Daugherty, helped develop the center pivot irrigation pipe that transformed farming. The company has four business units: Engineered Infrastructure Products (EIP; metal poles and other structures for lighting, traffic, and wireless communications industries); Irrigation (agricultural irrigation equipment sold under Valley brand); Utilities Support Structures (steel and concrete poles and other structures used by utilities); and Coatings (galvanizing, anodizing, and powder coating services). Other operations include manufacture of tubular products and industrial fastener distribution. Products are sold worldwide; the US accounts for about 55% of sales.

Key numbers for fiscal year ending December, 2011:
Sales: $1,908.8M
One year growth: (3.4%)
Net income: $113.6M
Income growth: 20.3%

Officers:
Chairman and CEO: Mogens C. Bay
SVP and CFO: Terry J. McClain
VP Information Technology: Steven G. Branscombe

Competitors:
Ajax Metal Processing
Lindsay Corporation
Thomas & Betts

© 2012 Hoover's, Inc. All rights reserved.