Valmont Industries Acquires Majority Stake In AgSense - Quick Facts

(RTTNews) - Valmont Industries, Inc. (VMI) announced that it has acquired a majority interest in South Dakota-based AgSense.

Valmont said the acquisition further extends its leading offerings in remote monitoring and control technology for agriculture.

The company noted that AgSense's cutting edge global WagNet network provides growers with a more complete view of their entire farming operation by tying irrigation decision making to field, crop and weather conditions.

AgSense President Terry Schiltz said the similarities in customer-focused values led to the creation of this strategic alignment. "We are very excited about this partnership with Valmont," Schiltz said. "Partnering with the recognized market leader not only enhances our strong position in North America, but will provide opportunities to accelerate our growth internationally."