Driving Growth and Transformation in Agriculture Technology slide image

Driving Growth and Transformation in Agriculture Technology

Durable Infrastructure Market Expansion Driving Coatings Growth C+ Growth Drivers Infrastructure Investment and Jobs Act (IIJA) includes investments across several industries we serve Roads, Bridges and Major Projects: $110B2 • Power Infrastructure: $65B² . Public Transit: $39B2 ~$360M ~$530M 2022 Sales1 2027E Sales Target Global cost of corrosion is estimated at $2.5T; corrosion control such as hot dipped galvanizing can save an estimated 15-35%³ Of total steel production, 25% is currently galvanized4 Manufacturing construction spending up 44% since 20195 CHIPS and Inflation Reduction Act incentivized restoring U.S. manufacturing with $54B in federal funding and -$250B project backlog6 CONSERVING RESOURCES. IMPROVING LIFE: Valmont 1Includes intersegment sales. 2https://www.whitehouse.gov/briefing-room/statements-releases/2021/08/02/updated-fact-sheet-bipartisan-infrastructure-investment-and-jobs-act/ http://impact.nace.org/economic-impact.aspx 42022 American Galvanizers Association Annual Report 5Manufacturing Construction: https://www.conexpoconagg.com/news/20232024-construction-economic-forecast Source Data Centers: https://www.reportlinker.com/p06321000/U-S- Data-Center-Construction-Market-Industry-Outlook-Forecast.html?utm_source=GNW 58
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