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Monday, November 23, 2009, 10:21PM ET - U.S. Markets Closed. Dow Up 1.29% Nasdaq Up 1.40%
Valmont Industries, Inc. (VMI)At 4:04PM ET: 75.96  Up 0.08 (0.11%)  
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Valmont Industries, Inc.
One Valmont Plaza
Omaha, NE 68154-5215
United States - Map
Phone: 402-963-1000
Fax: 402-963-1198
Web Site: http://www.valmont.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Metal Fabrication
Full Time Employees:7,380

BUSINESS SUMMARY 
Valmont Industries, Inc. produces fabricated metal products; metal and concrete pole, and tower structures; and mechanized irrigation systems in the United States and internationally. The company operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and markets engineered metal structures and components for the lighting and traffic, wireless communication, and international utility industries, as well as for other specialty applications. It offers steel and aluminum poles and structures to which lighting and traffic control fixtures are attached for a range of outdoor lighting applications, such as streets, highways, parking lots, sports stadiums, and commercial and residential developments. This segment also provides various structures, including solid rod, tubular and guyed towers, poles, and disguised products serving the wireless communication and highway sign markets. The Utility Support Structures segment offers tapered steel and pre-stressed concrete poles for electrical transmission, substation, and distribution applications, as well as produces hybrid structures with a concrete base section and steel upper sections. The Coatings segment provides metal coating services, such as hot-dipped galvanizing, anodizing, powder coating, and e-coating. The Irrigation segment manufactures and distributes mechanical irrigation equipment and related service parts that are used to water crops and deliver chemical fertilizers and pesticides. In addition, Valmont Industries manufactures tubular products for industrial customers, as well as distributes industrial fasteners. It serves state and federal governments, contractors, utility and telecommunications companies, manufacturers of commercial lighting fixtures, and large farms, as well as general manufacturing sector. The company was founded in 1946 and is headquartered in Omaha, Nebraska.
Key Statistics

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    CORPORATE GOVERNANCE 
    Valmont Industries, Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 93.2% of S&P 400 companies and 96.7% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Mogens C. Bay , 60
    Chairman, Chief Exec. Officer and Member of International Committee
    $ 2.64M $ 0
    Mr. Terry J. McClain , 61
    Chief Financial Officer and Sr. VP
    $ 1.03M $ 0
    Mr. E. Robert Meaney , 61
    Sr. VP and Corp. Sec.
    $ 723.00K $ 0
    Mr. Mark C. Jaksich , 51
    Principal Accounting Officer, VP and Controller
    $ 442.00K $ 0
    Mr. John G. Graboski , 53
    VP of Human Resource
    $ 505.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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