Valmont Industries provided an update on its estimated impacts from current U.S. tariffs on imports from Mexico, Canada, and China, as well as on imported steel and aluminum. The company has implemented comprehensive plans to mitigate these impacts in 2025.
These mitigation strategies include pricing actions, targeted cost measures, productivity initiatives, and adjustments to its supply chain and logistics. Valmont believes these plans will enable it to be cost neutral on a dollar basis in the second half of fiscal 2025.
This expected cost neutrality applies under both the current tariff regime and a scenario where no United States Mexico-Canada Agreement (USMCA) exclusions are granted for goods imported from Mexico and Canada. The company emphasized that the majority of products shipped to U.S. customers are manufactured at one of its 24 facilities across the United States.
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