the executive advantage

Transcription

1 the executive advantage

2 Experience the advantage of working for a company that is helping to meet the world s agriculture and infrastructure needs. At Lindsay, you ll find a commitment to strategic growth that depends on the insight and expertise of people like you.

3 International presence and global strategy Financial strength Robust long-term market drivers Aggressive company growth plan APPROACHABLE management WHAT EXECS LIKE ABOUT LINDSAY Entrepreneurial & COLLABORATIVE culture HIGH retention RATE CORPORATE SUSTAINABILITY HIGH PERFORMANCE REWARDS Individual employee appreciation

4 A manufacturer of agricultural equipment in the Midwest that has grown to become a major international agribusiness and infrastructure firm. Richard W. Parod, President and Chief Executive Officer

5 Fast Facts Who 100,000+ Lindsay center pivots irrigate over six million hectares (15 million acres) around the world A leader in irrigation technology Irrigation products are sold through more than 200 dealers in the U.S. and over 140 dealers in international markets Infrastructure products are sold by 70 dealers around the world In fiscal 2011, 30% of company revenue was generated from international sales Publicly traded on the New York Stock Exchange (LNN) Major international agribusiness firm with worldwide sales and distribution with annual revenues of $478.9 million in Winner of numerous AE50 awards from the American Society of Agricultural and Biological Engineers. The Society comprises 9,000 members representing more than 100 countries and is a world leader in the development of engineering standards for agriculture. who is Lindsay? A pioneer in the field of center pivot and lateral move irrigation systems, Lindsay Corporation has systems operating in more than 90 countries. As a Nebraska-based company we are strong and dependable much like our small-town roots. Tough, dependable Zimmatic by Lindsay irrigation systems have been the choice of the world s irrigators for over 50 years. Lindsay s success comes from finding a better way to irrigate almost any crop on varied terrain and soils to increase yields and better utilize natural resources. Lindsay s infrastructure segments are driven by the world s population growth, particularly in emerging nations. These divisions are working with agencies to make roadways and railways safer during expansion and renovation.

6 Lindsay will be the leader, worldwide, in providing differentiated water management and road infrastructure products and services that improve productivity and result in superior returns for our shareholders.

7 Why why Lindsay? A company s success is a direct result of its employees. For fiscal 2011, Lindsay achieved record revenues, and earnings were the second highest in the history of the company, exceeded only by the record year of fiscal In 50 years, Lindsay has grown to become a major worldwide force in expanding the benefits of irrigation, while its infrastructure division continues to develop products to the make roadways safer for motorists and highway workers. 500 Revenue ($ in millions) Fiscal 2011 saw increased irrigation revenues globally along with modest growth in infrastructure revenues. We have built a corporate climate that encourages innovation and creativity and supports open communication. In an environment of collaborative teamwork, we are striving for excellence and continuously improving our products and services, our processes, our skills and our future. We are committed to those who are key to our success. At Lindsay, we want to attract and reward individuals who share our dedication to innovation, quality and service. When you join our team, you become part of a company that employs the latest technologies to create world-renowned products. Our opportunities are growing and so will yours.

8 Every Drop Counts. Benefits Highlights Competitive 401(k) match health, dental, vision, life and disability insurance Lindsay was founded on the principle that water is a scarce resource and must be treated with respect. Bonus program Stock purchase plan Fitness center membership Generous tuition assistance program Vacation, holidays and personal days Pre-tax benefit plan for dependent care & medical

9 Every Employee Counts. We view our employees the same way, which is why we have focused on developing an environment that rewards high performance and values positive action. Key leadership qualities that we look for are a strong work ethic, performance-driven attitude, and a passion for continuous improvement. Lindsay is built on Midwestern values that emphasize honesty, integrity and trust in all our relationships. Our customers may be just down the road or on the other side of the globe but no matter how far away they may be, we demonstrate understanding and respect. This is our vision for one world, one company.

10 Lindsay pioneered center pivot technology and developed a system that enables irrigation equipment to move easily up and down steep grades. The Zimmatic center pivot and lateral move irrigation systems are now used to enable farmers to increase crop yields while using less water, energy, labor and chemicals. Lindsay s strategy in the irrigation market is to offer a wide variety of high quality, turnkey systems and solutions, and to differentiate our products in the marketplace by leading the industry in technological innovations. Leading Edge Products Advanced Technology In fiscal 2010, Lindsay introduced the unprecedented FieldNET Mobile for smartphones. The award-winning FieldNET is a web-based control system that extends its capability by allowing growers to fully control and monitor their pivots anytime through the convenience of smartphones.

11 Virtually every nation in the world has a pressing need for infrastructure from highway construction, maintenance and repair, to managing traffic congestion and improving roadway safety. Lindsay s infrastructure segment represents a global focus on improvements for transportation infrastructure, road safety, reduced pollution, and reduced traffic congestion.

12 IRRIGATION DIVISiON Zimmatic center pivot and lateral move irrigation systems Lindsay s irrigation segment features innovative center pivot and lateral move irrigation systems, wireless irrigation, as well as measurement and reporting products. Our technology companies enhance these systems and products, and include: Digitec, Inc. hardware, firmware and software design Precision Irrigation farm mapping and variable irrigation rate products IRZ Consulting irrigation consulting and design firm for large growers Watertronics custom agricultural pumping systems ezwireless full-service wireless networking and broadband systems integrator FieldNET wireless irrigation management LINDSAY IRRIGATION SOLUTIONS

13 INFRASTRUCTURE DIVISiON QuickChange Movable Barrier Lindsay s infrastructure segment is an international group of companies including Barrier Systems and Transportation Solutions. Barrier Systems manufactures moveable barriers and barrier transfer machines, energy-absorbing crash cushions and other safety-related products. The Transportation Solutions Railroad Products Division offers high-quality structures and signals from a single source. Railway structure LINDSAY TRANSPORATION SOLUTIONS LINDSAY INDUSTRIAL SOLUTIONS

14 One of Lindsay s primary objectives is staying at the forefront of research and development for our industry. We strive to create products and equipment that meet customer needs in conditions that are constantly evolving.

15 INNOVATION IN ACTION Lean, Clean and Green Lean, Clean and Green is a corporate-wide effort launched to institutionalize Lindsay s environmental initiatives, focusing on three key areas: recycling, paper reduction and energy savings. The program has generated thousands of dollars in savings, as well as significantly reduced our environmental impact. Today, the company s focus remains on growth through advanced technology. This involves every phase of operation from factory to farm. Expansion of automated manufacturing enhances production capacity while providing maximum value for the irrigator s investment and assuring product quality. In addition, the application of advanced electronics expands the use of time-saving automated system management and remote control. These products represent state-of-the-art computerized programming, operation and remote control of individual and multiple irrigation systems. By the nature of our business, Lindsay has always strived to provide environmentally friendly products and solutions. For example, our center pivot irrigation systems feature 95% recyclable materials.

16 Building on our historically positive results, the strength of our team and their success in the implementation of our initiatives, Lindsay is in an exciting position to move forward into the future.

17 FUTURE DEVELOPMENT The global agricultural market and added stress on infrastructure is primarily driven by population growth. The United Nations projects that the world s population will grow from approximately 7 billion in 2011 to approximately 9.1 billion in 2050 an increase of nearly one-third.1 To meet this demand, there will be a pressing need for higher productivity from agricultural land, and safer, more efficient roadways and railways. Projected World Population 9.1 billion 7 billion 2011 start Start your future with Lindsay World Population Prospects: The 2008 Revision. Highlights. New York: United Nations.

18 AWARDS A history of innovation 1950s Paul Zimmerer starts a farm equipment business. 1960s Paul Zimmerer s sons design and build the first Zimmatic center pivot. 1970s Zimmatic introduces long span systems, replacing 10 towers with just seven reducing wheel tracks and system costs. Low pressure center pivots, mobile pivots and corner systems take the fields, allowing growers to maximize their coverage. 1980s The refined structural design of Zimmatic center pivots reduces the number of parts, which keeps costs down and simplifies system maintenance. Zimmatic pivots start talking with the Remote Monitor and Alarm Control (R-MAC) system using computer technology. 1990s The introduction of AIMS (Automated Irrigation Management System) control panels allows growers to precisely program water, fertilizer and chemical application eliminating repeated trips to the fields. 2000s Introduction of technology products: Custom Corner FieldNET FieldNET for Pumps Precision Variable Rate Irrigation AE50 Award 2001 Acquire Perrot hosereel irrigation systems Acquire Lindsay Brazil and Irrigation Specialists. Establish Lindsay South Africa Begin China operations Acquire Barrier Systems and Snoline Acquire Truck/Trailer Mounted Attenuator Technology Acquire Watertronics Acquire Rail Structures & Signals. China factory opens Acquire Digitec, Inc Acquire Precision Irrigation, IRZ Consulting and ezwireless Greenfield Mini-pivot 2006 FieldSentry 2006 FieldLINK Pump Controller 2007 FieldNET 2008 GPS Controller 2008 Corner 4x QuickChange Moveable Barrier Construction Equipment Top 100 new products 2005 ATSSA Traffic Expo Innovation Award 2nd Place in Recognition of your contribution to the Roadway Safety Industry 2006 ATSSA Traffic Expo Innovation Award 3rd Place in Recognition of your contribution to the Roadway Safety Industry 2007 FieldNET New Ag Product of the Year 2008 ATSSA Traffic Expo Innovation Award 1st Place in Recognition of your contribution to the Roadway Safety Industry 2008 Bronze Vernon Galaxy Award Outstanding Marketing Campaign 2009 Wastecap Nebraska Member of the Year 2010 Groundwater Guardian Green Site awarded to corporate office by the Groundwater Foundation 2010 IRF Global Road Achievement Award for Construction Methodology awarded to BSI for 3500 South Utah Arterials Project 2010 & 2011 Nucor Steel Partner Award

19 START YOUR FUTURE Start your future with Lindsay

20 Lindsay USA Lindsay Corporation Corporate Headquarters 2222 North 111th Street Omaha, Nebraska U.S.A. Ph: Toll-free: Fax: Web: Lindsay Corporation Manufacturing Facility 214 East 2nd Street Lindsay, Nebraska U.S.A. Ph: Lindsay Transportation Solutions Watertronics LLC 525 East Industrial Drive Hartland, Wisconsin U.S.A. Ph: Toll-free: Fax: Web: Digitec, Inc Van Dorn Road Milford, Nebraska U.S.A. Ph: Toll-free: Fax: Web: Irrigation Specialists, Inc North Fourth Avenue Pasco, Washington U.S.A. Ph: Fax: Web: ezwireless 2800 NW 29th Avenue Portland, Oregon U.S.A. Ph: Fax: Web: IRZ Consulting, LLC 2815 St. Andrews Loop, Suite A Pasco, Washington Ph: Web: Lindsay International Lindsay Europe SAS Domaine de l Epinglerie La Chapelle D Aligne La Sarthe France Ph: Fax: Web: Lindsay Africa Pty. Ltd. 25 Karee Street Kraaifontein Industria Kraaifontein Western Cape 7570 South Africa Ph: +27 (21) Fax: +27 (21) Lindsay South America Rodovia Adhemar Pereira de Barros SP 340 KM 153,5 Jd. Bela Vista-Caixa Postal 200 CEP , Mogi-Mirim, Sao Paulo Brazil Ph: Fax: Web: Lindsay (Tianjin) Industry Co., Ltd. 2nd Floor, Office Building 10 Huanghai 2nd Street Tianjin Economic-Technological Development Area (TEDA) Tianjin China Ph: Fax: Web: Lindsay Australia Sales Office 433 Logan Road Stones Corner, QLD Australia Ph: +61 (7) Fax: +61 (7) Precision Irrigation Lindsay International Ltd 581 Taonui Road Feilding 4775 New Zealand Ph: Fax: Web: Lindsay International B.V. Beech Avenue PW Schiphol-RIJK The Netherlands Ph: +31 (20) Lindsay Transporation Solutions Crown Point 505 Crown Point Avenue Omaha, Nebraska U.S.A. Ph: Fax: Web: Barrier Systems Vacaville 3333 Vaca Valley Parkway, Suite 800 Vacaville, California U.S.A. Ph: Toll-free: Fax: Web: Barrier Systems Rio Vista 180 River Road Rio Vista, California U.S.A. Ph: Toll-free: Fax: Web: Snoline S.P.A. Via F. Baracca 19/ Trezzo sull Adda Milan, Italy Ph: Fax: Web: