Valmont Industries Inc
NYSE:VMI
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VMI's latest stock split occurred on Jun 2, 1997
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
The adjusted shares began trading on Jun 2, 1997. This was VMI's 4th stock split, following the previous one in Nov 27, 1989.
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Valmont Industries Inc
Glance View
In the heart of America's industrial landscape, Valmont Industries Inc. has carved out a distinctive identity as a global leader in the niche market of infrastructure and agricultural products. Founded in 1946, Valmont has grown from a single steel pole manufacturing facility into a multinational corporation renowned for its innovative engineering and enduring solutions. The company's operations span four key business segments: engineered support structures, coatings, utility support structures, and irrigation. With a keen focus on addressing the world's pressing demands for infrastructure and food production, Valmont designs, manufactures, and sells a diverse range of products such as lighting and traffic structures, coatings that protect steel from corrosion, poles and towers that are the backbone of utility lines, and advanced agricultural irrigation systems that enhance crop productivity globally. At the core of Valmont's earning power is its capacity to deliver high-quality, tailored solutions that meet the diverse needs of their clientele across multiple sectors. The engineered support structures and utility support structures segments cater to the ever-growing global demand for reliable infrastructure, particularly in the energy and communications industries where robust poles and towers are indispensable. Meanwhile, the irrigation segment leverages cutting-edge technology to support the agricultural sector, offering precision irrigation systems that optimize water use for farmers—critical in a world where sustainable practices are increasingly prioritized. This strategic alignment with long-term global trends, such as urbanization, digital communication expansion, and sustainable food production, secures Valmont’s revenue streams, reinforcing its position as an integral player in facilitating both modern infrastructure and agricultural efficiency worldwide.
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