Valmont Industries, Inc. (NYSE:VMI)
CAPS Rating:
A producer of fabricated metal products and a producer of metal & concrete pole and tower structures in its Engineered Support Structures & Utilities Support Structures businesses, and is a producer of mechanized irrigation systems.
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This is a company that has achieved #1
positions in mechanized irrigation and poles.
It has opened 3 factories in China and has
been profitable in China.The company bene
fits from need for water conservation,
electricity growth and need for more transm
ission structures.Likely will be acquired by a larger company in the future because it is such a great company and because the founder still owns a third of shares and likely won't live forever.