Valmont Industries Says It Can Mitigate Tariff Challenges

Dow Jones

2025/03/24

By Adriano Marchese

Valmont Industries said it has a plan in place to mitigate the effects of U.S. tariffs on imports from Canada and Mexico this year.

The infrastructure and advance agricultural productivity company said Monday that part of its plans include pricing actions, targeted cost measures, productivity initiatives, and supply chain and logistics adjustments.

While the majority of the company's products shipped to U.S. customers are manufactured in the country, Valmont said its plans are expected to allow them to be cost-neutral on a dollar basis in the second half of fiscal 2025, under both the current tariff regime, and under a scenario where there are no exclusions for goods that fall under the current U.S.-Mexico-Canada Agreement.

However, the company noted the plans don't include the potential effects of retaliatory tariffs from either country.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

March 24, 2025 10:02 ET (14:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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