Lindsay Manufacturing
Encyclopedia
Lindsay Corporation formerly known as Lindsay Manufacturing Co., is a manufacturer of center pivot irrigation
systems, most notably under the "Zimmatic" brand name based in the U.S. state
of Nebraska. It also manufactures farm and construction machinery and road and railroad infrastructure equipment. The company states that it has a market capitalization
of $547,584,000. At August 31, 2008, the company had 1,239 employees.
The company was founded in 1955 in Lindsay, Nebraska
. Corporate headquarters are in Omaha
.
In 1992, Gary Parker of Lindsay Manufacturing Co. was named to the National Agri-Marketing Association Agribusiness Leader of the Year * honor roll.
On October 21, 1997, the company's shares began to be traded on the New York Stock Exchange. The company's shares form part of the Palisades Water Index
's US Water Index.
In 2002, Howard G. Buffett was elected chairman of Lindsay Manufacturing. He had been a director of the company since 1995. Since January 21, 2003, the company's chairman has been Michael N. Christodolou.
In 2004, the company's African unit acquired Stettyn, a manufacturer of center pivots based in Bloemfontein
, South Africa
.
Center pivot irrigation
Center-pivot irrigation , also called circle irrigation, is a method of crop irrigation in which equipment rotates around a pivot...
systems, most notably under the "Zimmatic" brand name based in the U.S. state
U.S. state
A U.S. state is any one of the 50 federated states of the United States of America that share sovereignty with the federal government. Because of this shared sovereignty, an American is a citizen both of the federal entity and of his or her state of domicile. Four states use the official title of...
of Nebraska. It also manufactures farm and construction machinery and road and railroad infrastructure equipment. The company states that it has a market capitalization
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
of $547,584,000. At August 31, 2008, the company had 1,239 employees.
The company was founded in 1955 in Lindsay, Nebraska
Lindsay, Nebraska
Lindsay is a village in Platte County, Nebraska, United States. The population was 276 at the 2000 census.-Geography:Lindsay is located at ....
. Corporate headquarters are in Omaha
Omaha, Nebraska
Omaha is the largest city in the state of Nebraska, United States, and is the county seat of Douglas County. It is located in the Midwestern United States on the Missouri River, about 20 miles north of the mouth of the Platte River...
.
In 1992, Gary Parker of Lindsay Manufacturing Co. was named to the National Agri-Marketing Association Agribusiness Leader of the Year * honor roll.
On October 21, 1997, the company's shares began to be traded on the New York Stock Exchange. The company's shares form part of the Palisades Water Index
Palisades Water Index
The Palisades Water Index is a modified equal-dollar weighted stock market index. It is designed to track the performance of companies engaged in the global water industry such as pump and filter manufacturers, water utilities, and irrigation equipment manufacturers...
's US Water Index.
In 2002, Howard G. Buffett was elected chairman of Lindsay Manufacturing. He had been a director of the company since 1995. Since January 21, 2003, the company's chairman has been Michael N. Christodolou.
In 2004, the company's African unit acquired Stettyn, a manufacturer of center pivots based in Bloemfontein
Bloemfontein
Bloemfontein is the capital city of the Free State Province of South Africa; and, as the judicial capital of the nation, one of South Africa's three national capitals – the other two being Cape Town, the legislative capital, and Pretoria, the administrative capital.Bloemfontein is popularly and...
, South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
.