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Valmont Industries

An American industrial manufacturer specializing in irrigation systems, engineered steel and composite structures, utility infrastructure, and related products.

Last updated October 16, 2026

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Overview

Valmont Industries is an American industrial manufacturing company headquartered in Omaha, Nebraska. Its businesses serve agriculture, electric utilities, transportation infrastructure, communications, lighting, and other industrial markets. The company is best known for Valley-branded center-pivot and linear irrigation equipment, which mechanizes the application of water and agricultural inputs across large fields. It also manufactures and supplies infrastructure products including wind-energy support structures, lighting and traffic poles, steel utility poles, and composite structures. The company traces its origins to the manufacturing operations established by Robert B. Daugherty. In 1966, Valley Manufacturing Company adopted the name Valmont Industries, combining references to the nearby Nebraska communities of Valley and Fremont. The change reflected the company’s development beyond its original local manufacturing identity and its broader industrial ambitions. Valmont’s operating footprint extends beyond the United States, with locations and commercial activity in regions including Europe, China, and India. Its Valley irrigation activities are associated with the company’s Nebraska operations in Valley, while the corporate office is located in Omaha. This combination of agricultural equipment and infrastructure manufacturing gives Valmont a diversified industrial profile rather than positioning it as a single-product machinery maker. Its irrigation portfolio addresses field-scale water distribution, while its infrastructure businesses supply fabricated or engineered components used in electrical networks, roads, public spaces, communications systems, and renewable-energy installations. The company’s products are generally sold through business-to-business, project, distributor, and agricultural-equipment channels, making its brand more visible in industrial and agricultural settings than in consumer markets. A significant development in the company’s history was the 2014 acquisition of Shakespeare Composite Structures from Philips. The transaction expanded Valmont’s presence in composite structures and complemented its existing infrastructure manufacturing capabilities. In 2004, following the retirement of founder Robert B. Daugherty, Mogens Bay became chairman and chief executive officer, marking a leadership transition from the founder era. Valmont Industries remains an active, publicly held American manufacturer with an international operating presence. Its primary brand associations are durable field irrigation equipment, engineered poles and structures, and infrastructure products designed for long service lives in demanding outdoor environments.

History

Valmont Industries developed from the manufacturing activities founded by Robert B. Daugherty in Nebraska. The company’s early identity was associated with Valley Manufacturing Company, reflecting its roots in the community of Valley and its surrounding region. As the enterprise expanded, it adopted the name Valmont Industries in 1966. The new name combined references to Valley and nearby Fremont, Nebraska, and signaled a broader corporate identity. The company’s business evolved around the production of equipment and structures intended for agricultural and infrastructure applications. Its most recognizable agricultural business is Valley irrigation, which produces center-pivot and linear systems used to distribute water over large cultivated areas. These systems became an important part of Valmont’s identity and connected the company to the expansion of mechanized, field-scale irrigation. Alongside irrigation, Valmont built a diversified manufacturing portfolio. Its infrastructure activities include lighting and traffic poles, steel utility poles, wind-energy support structures, and other structural products. These offerings serve utilities, transportation agencies, municipalities, communications operators, renewable-energy developers, and industrial customers. The combination of agricultural equipment and fabricated infrastructure products has allowed the company to operate across several end markets rather than depend exclusively on farm machinery. Valmont established a presence beyond the United States, with locations and operations identified in Europe, China, and India. Its corporate office is in Omaha, Nebraska, while its plant and irrigation department are located in Valley, Nebraska. The international footprint supports the company’s agricultural and infrastructure businesses in markets where irrigation development, electrical distribution, public lighting, transportation construction, and renewable energy require specialized outdoor structures and equipment. A major leadership transition occurred in 2004, when Mogens Bay became chairman and chief executive officer after Robert B. Daugherty retired. This marked the end of the founder’s direct leadership period while maintaining continuity in the company’s industrial operations. In 2014, Valmont acquired Shakespeare Composite Structures from Philips. The acquisition broadened the company’s structural-material capabilities by adding a composite-structure business to its existing steel and infrastructure activities. Composite products can serve applications where weight, corrosion resistance, or installation requirements make them useful alternatives or complements to conventional steel structures. Valmont Industries continues as an active, publicly held American manufacturer. Its historical development is defined by three linked themes: Nebraska industrial roots, expansion from irrigation into diversified infrastructure manufacturing, and internationalization of products and operations. The company’s present identity remains centered on engineered equipment and structures designed for agricultural productivity and long-term infrastructure use.

  • 2014

    Acquisition of Shakespeare Composite Structures

    [1]

    Valmont acquired Shakespeare Composite Structures from Philips, strengthening its composite infrastructure-structure activities.

  • 2004

    Founder retires and Mogens Bay becomes chairman and CEO

    [1]

    Mogens Bay took over as chairman and chief executive officer after the retirement of founder Robert B. Daugherty.

  • 1966

    Valley Manufacturing Company becomes Valmont Industries

    [1]

    The company adopted the Valmont Industries name, drawing on the neighboring Nebraska communities of Valley and Fremont.

Products and positioning

A diversified industrial manufacturer focused on durable agricultural irrigation equipment and engineered infrastructure products for utilities, transportation, lighting, communications, and renewable-energy applications.

  • Agricultural irrigation equipment

    Valley center-pivot irrigation systems

    Center-pivot systems rotate around a fixed point and distribute water across circular or sector-shaped fields. They are designed for large-scale agricultural operations and form the most prominent product association of Valmont’s Valley irrigation business. The equipment supports mechanized field watering and can be integrated with controls and water-management practices.

  • Agricultural irrigation equipment

    Valley linear irrigation systems

    Linear irrigation equipment moves across a field rather than rotating around a central pivot. This configuration is suited to field layouts where a straight-line travel pattern can improve coverage. Valmont markets linear systems as part of its Valley agricultural irrigation portfolio.

  • Electrical infrastructure

    Steel utility poles

    Valmont manufactures steel poles used in utility and electrical-network applications. These structures support conductors and related equipment in infrastructure environments where strength, standardized engineering, and long-term outdoor durability are required.

  • Transportation and public-space infrastructure

    Lighting and traffic poles

    The company produces poles for roadway lighting, traffic systems, and related public infrastructure. These products are used by municipalities, transportation authorities, and project contractors in road, street, and public-area installations.

  • Renewable-energy infrastructure

    Wind-energy support structures

    Valmont supplies structural products associated with wind-energy installations and windmill support applications. The offering extends the company’s engineered-structures expertise into renewable-energy infrastructure.

  • Composite infrastructure products · 2014

    Composite structures

    Composite structures became a more prominent part of Valmont’s portfolio following its 2014 acquisition of Shakespeare Composite Structures from Philips. Composite materials can provide alternatives to conventional metal structures in selected utility, communications, and infrastructure applications.

Brand decisions

  • 2014

    Acquired Shakespeare Composite StructuresM&A

    Background

    Valmont operated across engineered infrastructure markets and sought to expand its structural-material capabilities.

    Action taken

    The company acquired Shakespeare Composite Structures from Philips.

    Aftermath

    The transaction added composite structures to Valmont’s infrastructure portfolio and complemented its existing steel-structure activities.

  • 1966

    Adopted the Valmont Industries corporate nameStrategy

    Background

    The company had operated under the Valley Manufacturing Company name and was developing a broader identity beyond its original local manufacturing roots.

    Action taken

    It adopted the Valmont Industries name, combining references to Valley and Fremont, Nebraska.

    Aftermath

    The new name became the foundation for the company’s later diversified industrial and international identity.

Recent events

  • Valmont Industries announces Jasper production expansion[2]

    Reported:

    Valmont Industries announced a $45 million expansion at its existing facility in Jasper, Tennessee, which is expected to increase production capacity for engineered steel utility structures and create 84 jobs in Marion County.

  • Valmont announced an agreement to acquire Prospera[3]

    Reported:

    Valmont said it had reached an agreement to acquire Israeli agricultural-technology company Prospera for $300 million. The transaction was expected to close in the second quarter of 2021.

Sources3 sources

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