Lindsay recently disclosed that its large-scale irrigation projects in the Middle East and North Africa are expected to contribute approximately $70 million in operating income to the company in this fiscal year.
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This project marks the company's technological strength in the field of global water resource management being internationally recognized, while also reinforcing its infrastructure development presence in emerging markets. As the global modernization of agriculture accelerates, the demand for efficient irrigation systems continues to grow, and this move is expected to provide the company with a long-term and stable source of revenue.
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