vmi8k_may20.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
May 20,
2010
Date of
report (Date of earliest event reported)
Valmont
Industries, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State or
Other Jurisdiction of Incorporation)
1-31429
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47-0351813
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(Commission
File Number)
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(IRS
Employer Identification No.)
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One
Valmont Plaza
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Omaha,
NE
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68154
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(402)
963-1000
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General
Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
7.01 Regulation FD Disclosure.
On May
20, 2010 at 8:00 a.m. CDT the management of Valmont Industries, Inc. will hold a
conference call to discuss the closing of the Delta, plc
acquisition. The conference call was previously announced by press
release on May 18, advising that the public could access the call by
telephone by dialing 1-877-493-2981 and entering Conference ID#: 76734136 or via the
Internet at 8:00 a.m. CDT on May 20, 2010, by pointing browsers to: http://www.valmont.com/page.aspx?id=445&pid=21.
After the event the replay of the call may be accessed at the above link or by
telephone by dialing1-800-642-1687 or 706-645-9291, and entering the Conference
ID#: 76734136
beginning May 20, 2010 at 10:00 a.m. CDT through 12:00 p.m. CDT on May 27,
2010.
During
the call, Valmont management will also advise that that the relative weakness of
the first quarter has continued into the second quarter of 2010 and that at this
time management sees no reason to alter its outlook for the year of
approximately a 25% decline in net income, exclusive of the impact of the Delta
acquisition.
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Forward
Looking Statements
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This
Current Report on Form 8-K contains forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on assumptions that
management has made in light of experience in the industries in which Valmont
operates, as well as management’s perceptions of historical trends, current
conditions, expected future developments and other factors believed to be
appropriate under the circumstances. As you read and consider this
Current Report on Form 8-K, you should understand that these statements are not
guarantees of performance or results. They involve risks,
uncertainties (some of which are beyond Valmont’s control) and
assumptions. Although management believes that these forward-looking
statements are based on reasonable assumptions, you should be aware that many
factors could affect Valmont’s actual financial results and cause them to differ
materially from those anticipated in the forward-looking
statements. These factors include among other things, risk factors
described from time to time in Valmont’s reports to the Securities and Exchange
Commission, as well as future economic and market circumstances, industry
conditions, company performance and financial results, operating efficiencies,
availability and price of raw material, availability and market acceptance of
new products, product pricing, domestic and international competitive
environments, and actions and policy changes of domestic and foreign
governments. Valmont cautions that any forward-looking statement
included in this Current Report on Form 8-K is made as of the date of this
Current Report on Form 8-K and Valmont does not undertake to update any
forward-looking statement.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: May
20, 2010
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By: /s/ Terry J.
McClain
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Name: Terry
J. McClain
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Title: Senior
Vice President and
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Chief
Financial Officer
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