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BAY TO REPLACE WELSH AS VALMONT CHIEF EXECUTIVE OFFICER

 VALLEY, Neb., Aug. 2 /PRNewswire/ -- Valmont Industries Inc. (NASDAQ: VALM) announced that William F. Welsh II has resigned as president, chief executive officer and director of Valmont for personal reasons and to pursue other interests. Succeeding Welsh as president and chief executive officer is Mogens C. Bay, who was previously president and chief operating officer of Valmont's irrigation products division.
 In announcing the management change, Robert B. Daugherty, Valmont's chairman of the board of directors said, "Bill Welsh has made significant contributions to the success of Valmont during his 15-year tenure, first as president of the pole structures business and most recently as CEO. We wish Bill continued success in his personal and professional life."
 Welsh commented, "I have enjoyed my years at Valmont, but after seven years as company president, it is entirely appropriate that new leadership take Valmont into the future. I therefore step aside to seek other opportunities. Mogens Bay brings outstanding leadership skills to the CEO position that will enhance Valmont's growth and shareholder value."
 Bay, 44, is a native of Denmark and joined Valmont in 1979 as manager of its Hong Kong office. In 1981, he was promoted to vice president - marketing of Valmont International and relocated to Madrid, Spain. Bay was named president of Valmont International in 1985 and president and chief operating officer of Valmont's irrigation products division in 1990. Daugherty said, "Mogens Bay is an excellent businessman, very capable of leading Valmont to its next level of global growth."
 Valmont is the world's largest manufacturer of center pivot and linear move irrigation equipment; is a world leader in supplying pole structures to the lighting, electrical transmission and communication industries; manufactures and distributes energy-efficient lighting ballasts and controls; and produces steel tubing for specialty industrial applications.
 -0- 8/2/93
 /CONTACT: Brian Stanley of Valmont Industries, 402-359-2201/
 (VALM)


CO: Valmont Industries Inc. ST: Nebraska IN: SU: PER

MC -- DV003 -- 8272 08/02/93 10:25 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
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