Lindsay's Business Segments

Lindsay Corporation, along with its subsidiaries, is a global leader in providing a variety of proprietary water management and road infrastructure products and services. The Company has been involved in the manufacture and distribution of agricultural equipment since 1955 and has grown from a regional company to an international agribusiness and highway infrastructure firm with worldwide sales and distribution. Lindsay, a Delaware corporation, maintains its corporate offices in Omaha, Nebraska. The Company has operations which are categorized into two major reporting segments.

Lindsay Corporation is a diversified global company that specializes in providing innovative infrastructure and agricultural solutions. Its primary segments include Irrigation and Infrastructure, within which it offers a comprehensive range of products and services designed to meet the needs of farmers, infrastructure providers, and urban planners. Below is an extensive overview of the companys segments, their offerings, and international operations.

Irrigation Segment

The Irrigation segment is one of the core pillars of Lindsay Corporation, focusing on innovative water management solutions crucial for agricultural efficiency.

Products:

1. Irrigation Systems:
- Center Pivot Irrigation Systems: Manufactured under the Zimmatic® brand, these systems are designed for large-scale agricultural fields. A typical center pivot in the U.S. spans approximately 1,300 feet, serving around 125 to 130 acres. These systems operate automatically and are supported by a truss structure, allowing for effective water distribution.
- Lateral Move Irrigation Systems: These systems move laterally across fields, offering flexibility for various field shapes and sizes.
- Greenfield® Brand Equipment: Targets smaller fields with specialized equipment that ensures efficient water application.

2. Additional Equipment:
- Hose Reel Travelers: Under the Perrot™ and Greenfield® brands in Europe and South Africa, these products cater to smaller or irregularly shaped fields, providing ease of operation and lower investment costs compared to standard systems.

3. Irrigation Control Systems:
- GrowSmart®: A suite of products designed for managing irrigation systems, including controls and chemical injection systems.
- FieldNET®: A remote monitoring and control system that enables farmers to manage irrigation from anywhere, significantly reducing water and energy usage. This technology supports cellular and radio frequency communication, ensuring real-time data analytics related to field conditions and irrigation system status.

4. Water Pumping Stations: Designed for agricultural, municipal, and landscape applications, these systems support efficient water resource management.

5. Filtration Solutions: Sold under the LAKOS® brand, these products cater to groundwater and industrial purification, enhancing overall irrigation efficiency.

Competitive Landscape:
Lindsay Corporations irrigation products face competition from traditional flood irrigation methods, drip systems, and other mechanized solutions. While flood irrigation remains the predominant method globally, the company’s products offer advantages, particularly in uneven terrains where flood irrigation might not be applicable.

Infrastructure Segment

Lindsay Corporations Infrastructure segment focuses on enhancing roadway safety and traffic management through innovative products.

Products:

1. Quickchange® Moveable Barrier™ (Road Zipper System™):
- This sophisticated system consists of movable concrete barriers that adjust traffic flow according to demand, particularly beneficial in high-volume corridors and during construction. The Road Zipper System™ enhances roadway safety by providing physical separation between lanes.

2. Crash Cushions and End Terminals:
- The company offers a wide range of crash protection systems including TAU® and ABSORB 350®. These solutions are crucial for reducing impact forces in high-risk areas and are designed for diverse applications.

3. Specialty Barriers:
- Products like the SAB™, ArmorGuard™, and portable barriers ensure flexibility in traffic management and construction site safety, enabling rapid response to traffic conditions.

4. Road Marking and Safety Equipment:
- Lindsay provides preformed tape and various safety accessories aimed at enhancing driver awareness and improving overall road safety.

5. Diversified Manufacturing:
- The company also engages in manufacturing large-diameter steel tubing and railroad signals, indicating its adaptability across different sectors beyond irrigation and basic infrastructure.

International Operations

Lindsay Corporation has extensive international operations that expand its reach beyond the U.S. market. The company actively markets its irrigation systems and infrastructure products in various territories, including Europe, South Africa, and Latin America.

Key highlights of its international operations include:

- Global Distribution Networks: Lindsay’s products are marketed through established channels, enabling effective penetration in diverse agricultural and urban infrastructure markets worldwide.
- Localized Product Adaptation: Understanding and responding to local agricultural conditions and infrastructure challenges allows Lindsay to optimize its offerings according to regional needs.
- Research and Development Initiatives: Continued investment in R&D ensures that the company remains at the forefront of irrigation technology and infrastructure safety solutions globally.

Conclusion

In summary, Lindsay Corporations commitment to improving agricultural efficiency and infrastructure safety is reflected in its diverse product offerings and robust international operations. Through its innovative irrigation systems and infrastructure solutions, the company plays a pivotal role in enhancing productivity for farmers while promoting safety on the roadways. This dual focus positions Lindsay Corporation as a key player in both sectors, with an ongoing dedication to innovation and customer satisfaction.