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Lindsay Corporation Installs the First TAU-XR™ Crash Cushion

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Lindsay (NYSE: LNN) has installed its first TAU-XR Xpress Repair Crash Cushion in Las Vegas, Nevada. The TAU-XR, designed for quick installation and cost-effective repairs, enhances road safety with its dual-rail configuration and innovative attenuation. It offers a range of transition options up to 52 inches and can be installed in 30 minutes or less. The crash cushion, tested for both asphalt and concrete, ensures long-term durability and low maintenance costs. This installation marks a significant step in Lindsay's commitment to road safety and efficient maintenance operations.

Positive
  • First TAU-XR installation completed in Las Vegas, enhancing road safety.
  • TAU-XR designed for quick installation in 30 minutes or less.
  • Cost-effective repairs due to innovative attenuation and dual-rail configuration.
  • Long-term durability and low maintenance costs.
  • Tested for both asphalt and concrete applications.
Negative
  • No specific financial data provided to gauge the impact on LNN's revenue or profitability.
  • Potential risks of relying heavily on one product for road safety solutions.

Insights

The introduction of the TAU-XR by Lindsay Corporation potentially enhances its position in the infrastructure market. From a financial perspective, the expedited installation and low maintenance costs of the TAU-XR could translate into increased adoption by road maintenance teams and contractors, boosting the company's revenue streams.

In the short term, this innovation might drive increased sales, especially if the product meets the high standards it promises. Contractors and municipalities are always looking to reduce downtime and costs and a crash cushion that installs rapidly and requires minimal maintenance is highly attractive.

In the long term, the durability and low cost of ownership could sustain recurring revenue as customers replace older systems with the more efficient TAU-XR. Additionally, the successful field installation in Las Vegas can serve as a case study, potentially opening doors for larger contracts and government endorsements.

The introduction of a crash cushion like the TAU-XR reflects a growing trend towards efficiency and safety in infrastructure technology. The dual-rail configuration and rapid installation time are significant selling points in a market where downtime can have substantial economic impacts. By addressing common pain points such as installation time and repair efficiency, Lindsay Corporation is likely to see increased market penetration.

Additionally, the product's versatility, being compatible with both asphalt and concrete, broadens its potential market applicability. This adaptability can attract a variety of customers, from urban planners to rural infrastructure developers, fostering greater overall market adoption.

Revolutionary Crash Cushion Technology Now On Las Vegas Roadway

OMAHA, Neb., June 25, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation, infrastructure equipment and technology, recently installed its first TAU-XR Xpress Repair Crash Cushion, the latest innovation in its proven lineup of crash cushion systems. The TAU-XR is designed for swift installation and rapid repair, enhancing both efficiency and protection for road maintenance teams.

The TAU-XR offers a range of transition options up to 52 inches, ensuring maximum versatility in design. What sets the TAU-XR apart is its dual-rail configuration and innovative attenuation that enables a straightforward, 30 minutes or less-installation and cost-effective repairs.

As a severe-duty, low-maintenance crash cushion, it delivers exceptional, long-term durability and low cost of ownership. TAU-XR ships fully assembled, allowing for an expedited installation onsite.

"At Lindsay, safety is paramount in all our innovations," said Cole Hansen, vice president and general manager of Infrastructure at Lindsay. "The TAU-XR embodies our dedication to enhancing road safety while streamlining maintenance operations. We're proud to offer a solution that has undergone rigorous testing for both asphalt and concrete applications, making the TAU-XR an ideal choice for contractors."

The first installation of the MASH-tested TAU-XR on U.S. roadways occurred on Friday, June 14, in Las Vegas, Nevada, at the intersection of Highway 91 and Great Basin.

"Working with Lindsay was top notch in the process of submittals, approval, receiving of product, manuals and guidance," said Andy Toulouse of Las Vegas Paving.

Albino Bautista of Las Vegas Paving added, "We've had a long relationship with many manufacturers, but Lindsay has always been on top of innovation, creativity and has listened to customer feedback to continually make a better product."

With the TAU-XR, Lindsay continues its tradition of driving road safety innovation.

"The TAU-XR system represents our unwavering commitment to advancing technologies that safeguard lives and improve roadway efficiency," concluded Hansen.

For more information, visit lindsay.com/TAU-XR.

About Lindsay Corporation

Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic™ center pivot and lateral move agricultural irrigation systems, FieldNET™ remote irrigation management and scheduling technology, and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world's roads, bridges and tunnels, through the Barrier Systems™, Road Zipper™ and Snoline™ brands. For more information about Lindsay Corporation, visit www.lindsay.com. The release and timing of future product rollouts remain at Lindsay Corporation's sole discretion. All descriptions of upcoming products, functionality and enhancements or other similar information do not represent a commitment to deliver any product or functionality and should not be relied upon in making a purchasing decision.

TAU-XR, Zimmatic, FieldNET, Barrier Systems, Road Zipper and Snoline are trademarks or registered trademarks of Lindsay Corporation and/or its affiliates.

CONTACT:
Brittany Russell, Lindsay Corporation | 402.639.5024 or Brittany.Russell@lindsay.com

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SOURCE Lindsay Corporation

FAQ

What is the TAU-XR Crash Cushion by Lindsay ?

The TAU-XR Crash Cushion is an innovative road safety product designed for quick installation and cost-effective repairs. It enhances road safety with a dual-rail configuration and a range of transition options up to 52 inches.

Where was the first TAU-XR Crash Cushion installed?

The first TAU-XR Crash Cushion was installed at the intersection of Highway 91 and Great Basin in Las Vegas, Nevada.

How long does it take to install the TAU-XR Crash Cushion?

The TAU-XR Crash Cushion can be installed in 30 minutes or less.

Is the TAU-XR Crash Cushion suitable for both asphalt and concrete applications?

Yes, the TAU-XR Crash Cushion has undergone rigorous testing for both asphalt and concrete applications.

What are the benefits of the TAU-XR Crash Cushion for road maintenance teams?

The TAU-XR Crash Cushion offers quick installation, cost-effective repairs, long-term durability, and low maintenance costs, enhancing efficiency and safety for road maintenance teams.

Lindsay Corporation

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