Lindsay Bags Over $100M Deal to Provide Zimmatic Irrigation Systems and FieldNET Remote Management and Scheduling Technology in the MENA Region
Portfolio Pulse from Benzinga Newsdesk
Lindsay Corporation (NYSE:LNN) has secured a multi-year supply agreement worth over $100 million to provide Zimmatic irrigation systems and FieldNET remote management technology in the MENA region. This is the largest project in the company's history and aims to support localized food production.
June 03, 2024 | 10:48 am
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Lindsay Corporation has secured a $100M+ deal to provide irrigation systems and remote management technology in the MENA region, marking the largest project in its history.
The $100M+ deal is the largest in Lindsay's history and will significantly boost its revenue. The project also aligns with a broader strategy to support localized food production, which could enhance the company's market position and growth prospects.
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