Valley Irrigation and Kusto Group Form Joint Venture to Establish Sustainable Agriculture in Central Asia Through Agreement with Government of Kazakhstan
January 12, 2021 at 09:30 am EST
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Valley® Irrigation is advancing its collaboration with the Republic of Kazakhstan and announcing its joint venture with private holding company Kusto Group®. The strategic, multi-year project will improve sustainability and resource conservation, introduce advanced farm technology to local farmers in the region, and serve as the foundation for making the country an agricultural hub in Central Asia. The agreement will create a network of farms designed to demonstrate advanced irrigation technologies and train local farmers in responsible water management. Valley solutions manufactured in Kazakhstan will serve the domestic market and act as a hub for exports to the region.
Valmont Industries, Inc. is a manufacturer of products and services for infrastructure and agricultural markets. The Company operates through two segments: Infrastructure and Agriculture. The Infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, solar, lighting, transportation, and telecommunications, along with coatings services to protect metal products. Its Infrastructure segment is comprised of five primary product lines: Transmission, Distribution, and Substation (TD&S); Lighting and Transportation (L&T); Coatings; Telecommunications, and Solar. The Agriculture segment consists of the manufacture of center pivot components and linear irrigation equipment for agricultural markets, including parts and tubular products, and advanced technology solutions for precision agriculture. It manufactures and distributes mechanical irrigation equipment and related service parts under the Valley brand name.
Valley Irrigation and Kusto Group Form Joint Venture to Establish Sustainable Agriculture in Central Asia Through Agreement with Government of Kazakhstan