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Valmont had been renting the facility since August 2004.
El Dorado is one of 52 manufacturing sites for Valmont, which is based in Omaha, Neb.
Valmont has 48 employees at its El Dorado facility, which specializes in steel distribution poles. It produced 20,000 units last year, the company said.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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