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    <link:label id="lab_us-gaap_PlanAssetCategoriesDomain_C160A41192878566185F712314F8C1A8_label_en-US" xlink:label="lab_us-gaap_PlanAssetCategoriesDomain_C160A41192878566185F712314F8C1A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Asset Categories [Domain]</link:label>
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    <link:label id="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9_terseLabel_en-US" xlink:label="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary cash investments</link:label>
    <link:label id="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9_label_en-US" xlink:label="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary Cash Investments [Member]</link:label>
    <link:label id="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9_documentation_en-US" xlink:label="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Details pertaining to fair value of temporary cash investments which forms part of the plan assets.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_TemporaryCashInvestmentsMember" xlink:label="loc_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9" xlink:to="lab_vmi_TemporaryCashInvestmentsMember_1D89C12760A903ECC30A712314F891A9" xlink:type="arc" />
    <link:label id="lab_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4_terseLabel_en-US" xlink:label="lab_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Index linked gilts</link:label>
    <link:label id="lab_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4_label_en-US" xlink:label="lab_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Index Linked Gilts [Member]</link:label>
    <link:label id="lab_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4_documentation_en-US" xlink:label="lab_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Details pertaining to index linked gilts which forms part of the plan assets.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_IndexLinkedGiltsMember" xlink:label="loc_vmi_IndexLinkedGiltsMember_FF024B7F926F686DB4F1712314F8BCD4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CorporateBondSecuritiesMember_F6D7E4F6E2436C4E20D1712314F8A36F_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_F6D7E4F6E2436C4E20D1712314F8A36F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate bonds</link:label>
    <link:label id="lab_us-gaap_CorporateBondSecuritiesMember_F6D7E4F6E2436C4E20D1712314F8A36F_label_en-US" xlink:label="lab_us-gaap_CorporateBondSecuritiesMember_F6D7E4F6E2436C4E20D1712314F8A36F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Bond Securities [Member]</link:label>
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    <link:label id="lab_us-gaap_EquitySecuritiesMember_836483F08DF443D0A1C0712314F82414_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_836483F08DF443D0A1C0712314F82414" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate stock</link:label>
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    <link:label id="lab_vmi_DiversifiedGrowthFundsMember_F289D94248A12570EDCA712314F82FAD_terseLabel_en-US" xlink:label="lab_vmi_DiversifiedGrowthFundsMember_F289D94248A12570EDCA712314F82FAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diversified growth funds</link:label>
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    <link:label id="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_6BA1B307477C3DD1CB1D712314F9B11E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_6BA1B307477C3DD1CB1D712314F9B11E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Disclosure [Line Items]</link:label>
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    <link:label id="lab_us-gaap_AlternativeInvestmentsFairValueDisclosure_74FB253F4851842D326871508BBD196F_label_en-US" xlink:label="lab_us-gaap_AlternativeInvestmentsFairValueDisclosure_74FB253F4851842D326871508BBD196F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alternative Investments, Fair Value Disclosure</link:label>
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    <link:label id="lab_vmi_UtilitySupportStructuresSegmentMember_11DF389907DBE7C1C02271DD0318265B_terseLabel_en-US" xlink:label="lab_vmi_UtilitySupportStructuresSegmentMember_11DF389907DBE7C1C02271DD0318265B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Utility Support Structures Segment</link:label>
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    <link:label id="lab_vmi_EngineeredSupportStructuresSegmentMember_D9B255EDBD622F7DA7DA71DD031960BC_terseLabel_en-US" xlink:label="lab_vmi_EngineeredSupportStructuresSegmentMember_D9B255EDBD622F7DA7DA71DD031960BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Engineered Support Structures</link:label>
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    <link:label id="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3_terseLabel_en-US" xlink:label="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Coatings</link:label>
    <link:label id="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3_label_en-US" xlink:label="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Coatings Segment [Member]</link:label>
    <link:label id="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3_documentation_en-US" xlink:label="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Coatings segment, a reportable segment of the entity. This segment consists of galvanizing, anodizing and powder coating services on a global basis.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_CoatingsSegmentMember" xlink:label="loc_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3" xlink:to="lab_vmi_CoatingsSegmentMember_623A022AD7C1BF089C0971DD0319CFD3" xlink:type="arc" />
    <link:label id="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2_terseLabel_en-US" xlink:label="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Irrigation Segment</link:label>
    <link:label id="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2_label_en-US" xlink:label="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Irrigation Segment [Member]</link:label>
    <link:label id="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2_documentation_en-US" xlink:label="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to the Irrigation segment, a reportable segment of the entity. This segment consists of the manufacture of agricultural irrigation equipment and related parts and services for the global agricultural industry.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_IrrigationSegmentMember" xlink:label="loc_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2" xlink:to="lab_vmi_IrrigationSegmentMember_15ADCF3CB0B62E7A507B71DD03196AF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D_terseLabel_en-US" xlink:label="lab_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D_label_en-US" xlink:label="lab_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Segments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllOtherSegmentsMember" xlink:label="loc_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D" xlink:to="lab_us-gaap_AllOtherSegmentsMember_FC9125F91391ED6B5D8871DD0319B28D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate and Other [Member]</link:label>
    <link:label id="lab_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42_label_en-US" xlink:label="lab_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate and Other [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateAndOtherMember" xlink:label="loc_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42" xlink:to="lab_us-gaap_CorporateAndOtherMember_0410E35C55E7845E914371DD0319FF42" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_3F4B5A0E7862E6FA9E3171DD0319908F_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_3F4B5A0E7862E6FA9E3171DD0319908F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_3F4B5A0E7862E6FA9E3171DD0319908F_label_en-US" xlink:label="lab_us-gaap_RangeAxis_3F4B5A0E7862E6FA9E3171DD0319908F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_3F4B5A0E7862E6FA9E3171DD0319908F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10_label_en-US" xlink:label="lab_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10" xlink:to="lab_us-gaap_RangeMember_582455799B395DCFD94F71DD03190C10" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B_label_en-US" xlink:label="lab_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B" xlink:to="lab_us-gaap_MaximumMember_C9974B6411E21227A95971DD03195E5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeSeveranceMember_4AC75A73B54D9791EA4B71DD03193628_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_4AC75A73B54D9791EA4B71DD03193628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Severance [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeSeveranceMember" xlink:label="loc_us-gaap_EmployeeSeveranceMember_4AC75A73B54D9791EA4B71DD03193628" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeSeveranceMember_4AC75A73B54D9791EA4B71DD03193628" xlink:to="lab_us-gaap_EmployeeSeveranceMember_4AC75A73B54D9791EA4B71DD03193628" xlink:type="arc" />
    <link:label id="lab_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B_terseLabel_en-US" xlink:label="lab_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset impairments/net loss on disposals</link:label>
    <link:label id="lab_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B_label_en-US" xlink:label="lab_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Impairment Net Loss On Disposals [Member]</link:label>
    <link:label id="lab_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B_documentation_en-US" xlink:label="lab_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset impairment charges and loss on disposal of assets pursuant to a restructuring plan.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_AssetImpairmentNetLossOnDisposalsMember" xlink:label="loc_vmi_AssetImpairmentNetLossOnDisposalsMember_6F84987B05E765F3AF3071DD03196C4B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Plan [Axis]</link:label>
    <link:label id="lab_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0_label_en-US" xlink:label="lab_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Plan [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringPlanAxis" xlink:label="loc_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0" xlink:to="lab_us-gaap_RestructuringPlanAxis_0EF56937D57F7BA14E3171DD031921B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Plan [Domain]</link:label>
    <link:label id="lab_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0_label_en-US" xlink:label="lab_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Plan [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringPlanDomain" xlink:label="loc_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0" xlink:to="lab_us-gaap_RestructuringPlanDomain_A13D96DEEA29ED7E822F71DD031A36C0" xlink:type="arc" />
    <link:label id="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E_terseLabel_en-US" xlink:label="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2016 Plan [Member]</link:label>
    <link:label id="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E_label_en-US" xlink:label="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2016 Plan [Member]</link:label>
    <link:label id="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E_documentation_en-US" xlink:label="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">2016 Plan [Member]</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_A2016PlanMember" xlink:label="loc_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E" xlink:to="lab_vmi_A2016PlanMember_A4D0EB7A9BF91F10126E71DD031A944E" xlink:type="arc" />
    <link:label id="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF_terseLabel_en-US" xlink:label="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Broad Restructuring Plan</link:label>
    <link:label id="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF_label_en-US" xlink:label="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Broad Restructuring Plan [Member]</link:label>
    <link:label id="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF_documentation_en-US" xlink:label="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information relating to the broad restructuring plan.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_BroadRestructuringPlanMember" xlink:label="loc_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF" xlink:to="lab_vmi_BroadRestructuringPlanMember_CBF87D33889EBF5E4E2371DD031ADECF" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringAndRelatedCostExpectedCostRemaining1_73D4B8CA19BFD9B808DF71DD031A05AF_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostExpectedCostRemaining1_73D4B8CA19BFD9B808DF71DD031A05AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring and related cost, expected cost remaining</link:label>
    <link:label id="lab_us-gaap_RestructuringAndRelatedCostExpectedCostRemaining1_73D4B8CA19BFD9B808DF71DD031A05AF_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostExpectedCostRemaining1_73D4B8CA19BFD9B808DF71DD031A05AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring and Related Cost, Expected Cost Remaining</link:label>
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    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_3462DB1F2B5A16EEF13F71DD031A131B_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_3462DB1F2B5A16EEF13F71DD031A131B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill impairment</link:label>
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    <link:label id="lab_vmi_ValuationAllowanceProvisionEffectPerShare_95F640B68CAEA9415E0680E174FCC8D2_label_en-US" xlink:label="lab_vmi_ValuationAllowanceProvisionEffectPerShare_95F640B68CAEA9415E0680E174FCC8D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Allowance Provision, Effect Per Share</link:label>
    <link:label id="lab_vmi_ValuationAllowanceProvisionEffectPerShare_95F640B68CAEA9415E0680E174FCC8D2_documentation_en-US" xlink:label="lab_vmi_ValuationAllowanceProvisionEffectPerShare_95F640B68CAEA9415E0680E174FCC8D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Allowance Provision, Effect Per Share</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ValuationAllowanceProvisionEffectPerShare" xlink:label="loc_vmi_ValuationAllowanceProvisionEffectPerShare_95F640B68CAEA9415E0680E174FCC8D2" xlink:type="locator" />
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    <link:label id="lab_vmi_ChangeinContingentConsiderationLiabilityEffectPerShare_43A213E05F071E2FA1ED80E174FCD8AC_terseLabel_en-US" xlink:label="lab_vmi_ChangeinContingentConsiderationLiabilityEffectPerShare_43A213E05F071E2FA1ED80E174FCD8AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reversal of contingent liability effect (in dollars per share)</link:label>
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    <link:label id="lab_vmi_ChangeinContingentConsiderationLiabilityEffectPerShare_43A213E05F071E2FA1ED80E174FCD8AC_documentation_en-US" xlink:label="lab_vmi_ChangeinContingentConsiderationLiabilityEffectPerShare_43A213E05F071E2FA1ED80E174FCD8AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in Contingent Consideration Liability, Effect Per Share</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ChangeinContingentConsiderationLiabilityEffectPerShare" xlink:label="loc_vmi_ChangeinContingentConsiderationLiabilityEffectPerShare_43A213E05F071E2FA1ED80E174FCD8AC" xlink:type="locator" />
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    <link:label id="lab_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8_terseLabel_en-US" xlink:label="lab_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring expenses (in dollars per share)</link:label>
    <link:label id="lab_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8_label_en-US" xlink:label="lab_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Charges Effect Per Share</link:label>
    <link:label id="lab_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8_documentation_en-US" xlink:label="lab_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restructuring Charges Effect Per Share</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_RestructuringChargesEffectPerShare" xlink:label="loc_vmi_RestructuringChargesEffectPerShare_19358A644D131E7052BE80E174FC8AF8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetImpairment_957F7533DE09FE526F9580E174FC2DC4_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetImpairment_957F7533DE09FE526F9580E174FC2DC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of goodwill and intangible assets</link:label>
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetImpairment_957F7533DE09FE526F9580E174FC2DC4_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetImpairment_957F7533DE09FE526F9580E174FC2DC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible Asset Impairment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetImpairment" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetImpairment_957F7533DE09FE526F9580E174FC2DC4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ImpairmentEffectOnEarningsPerShareAfterTax_BE0A0678D34A047FD29D80E174FC0B3B_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentEffectOnEarningsPerShareAfterTax_BE0A0678D34A047FD29D80E174FC0B3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of goodwill and intangible assets (in dollars per share</link:label>
    <link:label id="lab_us-gaap_ImpairmentEffectOnEarningsPerShareAfterTax_BE0A0678D34A047FD29D80E174FC0B3B_label_en-US" xlink:label="lab_us-gaap_ImpairmentEffectOnEarningsPerShareAfterTax_BE0A0678D34A047FD29D80E174FC0B3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment Effect on Earnings Per Share, after Tax</link:label>
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    <link:label id="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_18849D703466937B9AF880E174FDC7C9_verboseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_18849D703466937B9AF880E174FDC7C9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Impairment of intangible assets</link:label>
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    <link:label id="lab_us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease_47065230440B5E21773680E174FD2067_terseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease_47065230440B5E21773680E174FD2067" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in product warranty reserve</link:label>
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    <link:label id="lab_vmi_ProductWarrantyAccrualEffectPerShare_5FF007E5C78F6FE3745680E174FD4B71_terseLabel_en-US" xlink:label="lab_vmi_ProductWarrantyAccrualEffectPerShare_5FF007E5C78F6FE3745680E174FD4B71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in product warranty reserve (in dollars per share)</link:label>
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    <link:label id="lab_vmi_DefinedBenefitPlanPercentageOfSalaryRetirementBenefits_1FA28695BA0F519C61A27230A787365F_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanPercentageOfSalaryRetirementBenefits_1FA28695BA0F519C61A27230A787365F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension retirement benefits to qualified employees as percent of final salary per year of service</link:label>
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    <link:label id="lab_vmi_DefinedBenefitPlanPercentageOfSalaryRetirementBenefits_1FA28695BA0F519C61A27230A787365F_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanPercentageOfSalaryRetirementBenefits_1FA28695BA0F519C61A27230A787365F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the retirement benefits to qualified employees, as percentage of final salary per year of service.</link:label>
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    <link:label id="lab_vmi_DefinedBenefitPlanAgeForRetirementBenefits_AA5B10B9304E3B0ED1387230A787A6A3_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAgeForRetirementBenefits_AA5B10B9304E3B0ED1387230A787A6A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Eligibility age</link:label>
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    <link:label id="lab_vmi_DefinedBenefitPlanAgeForRetirementBenefits_AA5B10B9304E3B0ED1387230A787A6A3_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAgeForRetirementBenefits_AA5B10B9304E3B0ED1387230A787A6A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the age after which the qualified employees to receive retirement benefits.</link:label>
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    <link:label id="lab_vmi_ActiveMembersOfDefinedBenefitRetirementPlan_64EC44DC2E104E9753327230A787E8A1_terseLabel_en-US" xlink:label="lab_vmi_ActiveMembersOfDefinedBenefitRetirementPlan_64EC44DC2E104E9753327230A787E8A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Active members of defined benefit retirement income plan</link:label>
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    <link:label id="lab_vmi_ActiveMembersOfDefinedBenefitRetirementPlan_64EC44DC2E104E9753327230A787E8A1_documentation_en-US" xlink:label="lab_vmi_ActiveMembersOfDefinedBenefitRetirementPlan_64EC44DC2E104E9753327230A787E8A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of active employees as members of defined benefit retirement plan.</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_63A0DDF86F82FE50DB787230A788A1A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_63A0DDF86F82FE50DB787230A788A1A7" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_63A0DDF86F82FE50DB787230A788A1A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5_periodStartLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the period</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_A23C46F82773C5DCB4247230A788C3D5" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial loss</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E8F1552EFBB95FC9503B7230A7888AA9" xlink:type="arc" />
    <link:label id="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency translation gain (loss)</link:label>
    <link:label id="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15_label_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Accumulated Other Comprehensive Income Currency Translation Gain (Loss) before Tax</link:label>
    <link:label id="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The pretax net amount of gains and losses related to currency translation that are not yet recognized as a component of net periodic benefit cost, and that are recognized as increases or decreases in other comprehensive income as they arise.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax" xlink:label="loc_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15" xlink:to="lab_vmi_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeCurrencyTranslationGainLossBeforeTax_44E5FBDB0A6C229C10547230A788EC15" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_217DDAB1CC2FB38334E27230A7889C2B_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_217DDAB1CC2FB38334E27230A7889C2B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at the end of the period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_217DDAB1CC2FB38334E27230A7889C2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_217DDAB1CC2FB38334E27230A7889C2B" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_217DDAB1CC2FB38334E27230A7889C2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The estimated amount to be amortized from accumulated other comprehensive income into net periodic benefit cost in 2015</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963" xlink:to="lab_us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear_78D16BD8DD53A7BC2C5E7230A788F963" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedInCalculationsAbstract_1E6876C5081142CEED8F7230A7881205_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedInCalculationsAbstract_1E6876C5081142CEED8F7230A7881205" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average actuarial assumptions used to determine the benefit obligation</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedInCalculationsAbstract_1E6876C5081142CEED8F7230A7881205" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedInCalculationsAbstract_1E6876C5081142CEED8F7230A7881205" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate (as a percent)</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate_E88693459FF0F7F5DDF87230A78833F8" xlink:type="arc" />
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationConsumerPriceIndexInflationRate_3C0194DBE4C7C91E97337230A788D132_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationConsumerPriceIndexInflationRate_3C0194DBE4C7C91E97337230A788D132" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CPI index (as a percent)</link:label>
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    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationConsumerPriceIndexInflationRate_3C0194DBE4C7C91E97337230A788D132_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationConsumerPriceIndexInflationRate_3C0194DBE4C7C91E97337230A788D132" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the consumer price index inflation rate used in determining the benefit obligation.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationConsumerPriceIndexInflationRate" xlink:label="loc_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationConsumerPriceIndexInflationRate_3C0194DBE4C7C91E97337230A788D132" xlink:type="locator" />
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    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRetailPricesIndexInflationRate_39AA6873A077C7F48E1F7230A788F509_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRetailPricesIndexInflationRate_39AA6873A077C7F48E1F7230A788F509" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RPI Inflation (as a percent)</link:label>
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    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRetailPricesIndexInflationRate_39AA6873A077C7F48E1F7230A788F509_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRetailPricesIndexInflationRate_39AA6873A077C7F48E1F7230A788F509" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the retail price index inflation rate used in determining the benefit obligation.</link:label>
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    <link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_0DFA9FE0531E337B76627230A788ABA3_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_0DFA9FE0531E337B76627230A788ABA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net periodic benefit expense:</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_F06E52F21B50AFDB503F7230A788637D" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_F06E52F21B50AFDB503F7230A788637D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_22E1FB430842DD5467B97230A788A4EF_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_22E1FB430842DD5467B97230A788A4EF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net periodic benefit expense</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_22E1FB430842DD5467B97230A788A4EF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_22E1FB430842DD5467B97230A788A4EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Net Periodic Benefit Cost</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_22E1FB430842DD5467B97230A788A4EF" xlink:to="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_22E1FB430842DD5467B97230A788A4EF" xlink:type="arc" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_F737928863D9134AAAD27230A78813CD" xlink:type="locator" />
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_A67619624B3F7D025BAD7230A7891F72" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_A67619624B3F7D025BAD7230A7891F72" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected return on plan assets (as a percent)</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_500AA88F52EA7D98AB0F7230A789C7A0" xlink:type="arc" />
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RPI index (as a percent)</link:label>
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F_label_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Assumptions used Calculating Net Periodic Benefit Cost Retail Price Index Inflation Rate</link:label>
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the retail price index inflation rate estimated to determine expenses related to pension plans.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate" xlink:label="loc_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F" xlink:to="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate_DFF54E292FE1009D7E607230A789451F" xlink:type="arc" />
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE_terseLabel_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CPI index (as a percent)</link:label>
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE_label_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Assumptions used Calculating Net Periodic Benefit Cost Consumer Price Index Inflation Rate</link:label>
    <link:label id="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE_documentation_en-US" xlink:label="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the consumer price index inflation rate estimated to determine expenses related to pension plans.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate" xlink:label="loc_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE" xlink:to="lab_vmi_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate_A4769123A559C1BA63827230A78965FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_B414F0F006E94315E1217230A78927B0_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_B414F0F006E94315E1217230A78927B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Limit on employer contributions per annum</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_B414F0F006E94315E1217230A78927B0_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_B414F0F006E94315E1217230A78927B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Discretionary Contribution Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_B414F0F006E94315E1217230A78927B0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DefinedBenefitPlanOtherCosts_82EDC66216F9C418BFFA7230A7894185_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanOtherCosts_82EDC66216F9C418BFFA7230A7894185" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative costs of the Plan</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanOtherCosts_82EDC66216F9C418BFFA7230A7894185_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanOtherCosts_82EDC66216F9C418BFFA7230A7894185" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Other Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanOtherCosts" xlink:label="loc_us-gaap_DefinedBenefitPlanOtherCosts_82EDC66216F9C418BFFA7230A7894185" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract_B6F9ED2F91C3126DC9D67230A7894B72_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract_B6F9ED2F91C3126DC9D67230A7894B72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected pension benefit payments</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanEstimatedFutureBenefitPaymentsAbstract_B6F9ED2F91C3126DC9D67230A7894B72" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_7B3826D3DDDEDC8E16217230A7896146_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_7B3826D3DDDEDC8E16217230A7896146" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_7B3826D3DDDEDC8E16217230A7896146" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_3AD5EB87307757B8107180E175D29B05_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_3AD5EB87307757B8107180E175D29B05" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Costs associated with refinancing of debt</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_2DF3A6940FDCE97E43D9722FA9B39618_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_2DF3A6940FDCE97E43D9722FA9B39618" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity of stock plans</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8E0A33C29E9FA9EFCD03722FA9B3DB5D_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8E0A33C29E9FA9EFCD03722FA9B3DB5D" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the period (in shares)</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_E7F7E59574132FC6D5A9722FA9B3D26F" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_508AA43F0C545B5089F7722FA9B4A634" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_009F4AA63A6A2FA2ECC8722FA9B45CFD_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_009F4AA63A6A2FA2ECC8722FA9B45CFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options vested or expected to vest (in shares)</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0214EDCC6162C819471A722FA9B42CE4_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_0214EDCC6162C819471A722FA9B42CE4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the period (in dollars per share)</link:label>
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    <link:label id="lab_vmi_ProprietarySoftwareAndDatabaseMember_2F6C5CF21BF1C24F5D5B673895F87B75_documentation_en-US" xlink:label="lab_vmi_ProprietarySoftwareAndDatabaseMember_2F6C5CF21BF1C24F5D5B673895F87B75" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the proprietary software and database.</link:label>
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    <link:label id="lab_vmi_PatentsAndProprietaryTechnologyMember_FD32477A800253B627B4673895F829E0_documentation_en-US" xlink:label="lab_vmi_PatentsAndProprietaryTechnologyMember_FD32477A800253B627B4673895F829E0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the patents and proprietary technology.</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_E1C9BF71669ECF54460F673895F8237D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_32F1803BF2FE382548A0673895F8414C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_32F1803BF2FE382548A0673895F8414C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross Carrying Amount</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_1AA3D66CD928C77FB834673895F8A392" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_1AA3D66CD928C77FB834673895F8A392" xlink:type="arc" />
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    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_C95B50FB6150E088892A673895F9D0F6_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_C95B50FB6150E088892A673895F9D0F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017</link:label>
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    <link:label id="lab_us-gaap_AssetsCurrentAbstract_47B3DE3FB91C2D60C9B171DD022A0086_label_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_47B3DE3FB91C2D60C9B171DD022A0086" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Current [Abstract]</link:label>
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    <link:label id="lab_us-gaap_ReceivablesNetCurrent_DE67E812AE44F83E7E7C71DD022B2E66_label_en-US" xlink:label="lab_us-gaap_ReceivablesNetCurrent_DE67E812AE44F83E7E7C71DD022B2E66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Net, Current</link:label>
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    <link:label id="lab_us-gaap_InventoryNet_0F3A1D07672855DEA54371DD022B2C11_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_0F3A1D07672855DEA54371DD022B2C11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_us-gaap_InventoryNet_0F3A1D07672855DEA54371DD022B2C11_label_en-US" xlink:label="lab_us-gaap_InventoryNet_0F3A1D07672855DEA54371DD022B2C11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Net</link:label>
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    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_CC9B7A154BE7F1FD914A71DD022B06D2_verboseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_CC9B7A154BE7F1FD914A71DD022B06D2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses, restricted cash, and other assets</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_CC9B7A154BE7F1FD914A71DD022B06D2_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_CC9B7A154BE7F1FD914A71DD022B06D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets, Current</link:label>
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    <link:loc xlink:href="vmi-20161231.xsd#vmi_IncomeTaxesReceivableAndDeferredTaxAssetsLiabilitiesNetCurrent" xlink:label="loc_vmi_IncomeTaxesReceivableAndDeferredTaxAssetsLiabilitiesNetCurrent_115CD9CCAEC7EB313F0771DD022B4183" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsCurrent_315783E020D8DB992DCA71DD022B0E3D_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_315783E020D8DB992DCA71DD022B0E3D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_B022A3AE328C6E27310571DD022BAE40_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_B022A3AE328C6E27310571DD022BAE40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_FCFBD83F53AE5F47209071DD022BFDE9_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_FCFBD83F53AE5F47209071DD022BFDE9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net property, plant and equipment</link:label>
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    <link:label id="lab_us-gaap_Goodwill_8DEE06ACE0BB8D672CBB71DD022BF687_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_8DEE06ACE0BB8D672CBB71DD022BF687" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_Goodwill_8DEE06ACE0BB8D672CBB71DD022BF687_label_en-US" xlink:label="lab_us-gaap_Goodwill_8DEE06ACE0BB8D672CBB71DD022BF687" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
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    <link:label id="lab_vmi_InvestmentInSubsidiariesAndIntercompanyAccounts_18058CD73A85EA72A6F271DD022B1A3C_terseLabel_en-US" xlink:label="lab_vmi_InvestmentInSubsidiariesAndIntercompanyAccounts_18058CD73A85EA72A6F271DD022B1A3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in subsidiaries and intercompany accounts</link:label>
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    <link:label id="lab_vmi_InvestmentInSubsidiariesAndIntercompanyAccounts_18058CD73A85EA72A6F271DD022B1A3C_documentation_en-US" xlink:label="lab_vmi_InvestmentInSubsidiariesAndIntercompanyAccounts_18058CD73A85EA72A6F271DD022B1A3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents investment in subsidiaries and intercompany accounts.</link:label>
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    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_09A73DDB6DD1A6D2F3EF71DD022B98D2_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_09A73DDB6DD1A6D2F3EF71DD022B98D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets, less allowance for doubtful receivables of $8,741 in 2016 and $10,953 in 2015</link:label>
    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_09A73DDB6DD1A6D2F3EF71DD022B98D2_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_09A73DDB6DD1A6D2F3EF71DD022B98D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Noncurrent</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductWarrantyAccrual" xlink:label="loc_us-gaap_ProductWarrantyAccrual_17E8DC8B2FA16E7BCBF072301D155A71" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8_negatedLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments made</link:label>
    <link:label id="lab_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8_label_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Standard and Extended Product Warranty Accrual, Decrease for Payments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductWarrantyAccrualPayments" xlink:label="loc_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8" xlink:to="lab_us-gaap_ProductWarrantyAccrualPayments_97C06BC5A69C9E26A8EB72301D15C2A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_6D12635E0A6E2CEB6A9C72301D15CBE8_terseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_6D12635E0A6E2CEB6A9C72301D15CBE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in liability for warranties issued during the period</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductWarrantyAccrualWarrantiesIssued" xlink:label="loc_us-gaap_ProductWarrantyAccrualWarrantiesIssued_6D12635E0A6E2CEB6A9C72301D15CBE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductWarrantyAccrualWarrantiesIssued_6D12635E0A6E2CEB6A9C72301D15CBE8" xlink:to="lab_us-gaap_ProductWarrantyAccrualWarrantiesIssued_6D12635E0A6E2CEB6A9C72301D15CBE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease_A7311B2E9CE339B7B34172301D15AE67_terseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease_A7311B2E9CE339B7B34172301D15AE67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in liability for pre-existing warranties</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease" xlink:label="loc_us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease_A7311B2E9CE339B7B34172301D15AE67" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductWarrantyAccrual" xlink:label="loc_us-gaap_ProductWarrantyAccrual_9973A40A7811C3F8023472301D153D7A" xlink:type="locator" />
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    <link:label id="lab_vmi_GuarantorNonGuarantorFinancialInformationDisclosureTextBlock_7B8C7F7A9E443449CC526738961C4026_terseLabel_en-US" xlink:label="lab_vmi_GuarantorNonGuarantorFinancialInformationDisclosureTextBlock_7B8C7F7A9E443449CC526738961C4026" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION</link:label>
    <link:label id="lab_vmi_GuarantorNonGuarantorFinancialInformationDisclosureTextBlock_7B8C7F7A9E443449CC526738961C4026_label_en-US" xlink:label="lab_vmi_GuarantorNonGuarantorFinancialInformationDisclosureTextBlock_7B8C7F7A9E443449CC526738961C4026" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantor Non Guarantor Financial Information Disclosure [Text Block]</link:label>
    <link:label id="lab_vmi_GuarantorNonGuarantorFinancialInformationDisclosureTextBlock_7B8C7F7A9E443449CC526738961C4026_documentation_en-US" xlink:label="lab_vmi_GuarantorNonGuarantorFinancialInformationDisclosureTextBlock_7B8C7F7A9E443449CC526738961C4026" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the entire disclosure relating to guarantor and non-guarantor subsidiaries including the condensed consolidating financial statements.</link:label>
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    <link:label id="lab_vmi_BankCreditArrangementsDisclosureAbstract_C8B66CC11C746644A21167389629AB36_label_en-US" xlink:label="lab_vmi_BankCreditArrangementsDisclosureAbstract_C8B66CC11C746644A21167389629AB36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BANK CREDIT ARRANGEMENTS</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_144C6159279CFE6E8DFF6738962925BE_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable_144C6159279CFE6E8DFF6738962925BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Short-term Debt [Table]</link:label>
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    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_DA09AD257FE6BA953950673896296C13_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_DA09AD257FE6BA953950673896296C13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_DA09AD257FE6BA953950673896296C13_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_DA09AD257FE6BA953950673896296C13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="loc_us-gaap_ShortTermDebtTypeAxis_DA09AD257FE6BA953950673896296C13" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_E2B881CEE9D7F674A043673896298974_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_E2B881CEE9D7F674A043673896298974" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_E2B881CEE9D7F674A043673896298974_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_E2B881CEE9D7F674A043673896298974" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
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    <link:label id="lab_vmi_ShortTermLineOfCreditMember_CF3EEA090970CFF0C1BD67389629468F_terseLabel_en-US" xlink:label="lab_vmi_ShortTermLineOfCreditMember_CF3EEA090970CFF0C1BD67389629468F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term borrowings</link:label>
    <link:label id="lab_vmi_ShortTermLineOfCreditMember_CF3EEA090970CFF0C1BD67389629468F_label_en-US" xlink:label="lab_vmi_ShortTermLineOfCreditMember_CF3EEA090970CFF0C1BD67389629468F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short Term Line Of Credit [Member]</link:label>
    <link:label id="lab_vmi_ShortTermLineOfCreditMember_CF3EEA090970CFF0C1BD67389629468F_documentation_en-US" xlink:label="lab_vmi_ShortTermLineOfCreditMember_CF3EEA090970CFF0C1BD67389629468F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A contractual arrangement with a lender under which short-term borrowings can be made up to a specific amount at any point in time.</link:label>
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    <link:label id="lab_us-gaap_NotesPayableToBanksMember_22B59C5D30AEC14DDF7067389629239F_terseLabel_en-US" xlink:label="lab_us-gaap_NotesPayableToBanksMember_22B59C5D30AEC14DDF7067389629239F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other short-term bank loans</link:label>
    <link:label id="lab_us-gaap_NotesPayableToBanksMember_22B59C5D30AEC14DDF7067389629239F_label_en-US" xlink:label="lab_us-gaap_NotesPayableToBanksMember_22B59C5D30AEC14DDF7067389629239F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Payable to Banks [Member]</link:label>
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    <link:label id="lab_us-gaap_ShortTermDebtLineItems_874F65C929E4606F928467389629F45E_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems_874F65C929E4606F928467389629F45E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank Credit Arrangements</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtLineItems_874F65C929E4606F928467389629F45E_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems_874F65C929E4606F928467389629F45E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermDebtLineItems" xlink:label="loc_us-gaap_ShortTermDebtLineItems_874F65C929E4606F928467389629F45E" xlink:type="locator" />
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MachineryAndEquipmentMember_404697632B27EB7AEB47673894F4B33D" xlink:to="lab_us-gaap_MachineryAndEquipmentMember_404697632B27EB7AEB47673894F4B33D" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF_terseLabel_en-US" xlink:label="lab_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transportation equipment</link:label>
    <link:label id="lab_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF_label_en-US" xlink:label="lab_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transportation Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransportationEquipmentMember" xlink:label="loc_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF" xlink:to="lab_us-gaap_TransportationEquipmentMember_7AFD47245969249D25A8673894F453CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5_terseLabel_en-US" xlink:label="lab_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office furniture and equipment</link:label>
    <link:label id="lab_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5_label_en-US" xlink:label="lab_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OfficeEquipmentMember" xlink:label="loc_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5" xlink:to="lab_us-gaap_OfficeEquipmentMember_0E1DBA5F67F73FB57525673894F435E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction in progress</link:label>
    <link:label id="lab_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in Progress [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConstructionInProgressMember" xlink:label="loc_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24" xlink:to="lab_us-gaap_ConstructionInProgressMember_8918FD84514B59EE9585673894F42C24" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-lived assets</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentLineItems_AFAF6FDEC55D60F3F5CD673894F49A43" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EARNINGS PER SHARE</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_BB5A674E8BD0524E91976738962FDA1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Indefinite-Lived Intangible Assets [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Indefinite-Lived Intangible Assets [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable" xlink:label="loc_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F" xlink:to="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_FB9CB2E77B272D3DFF7F673895088E5F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Axis]</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_163A1CC834CCC7513E7A67389509777E" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_7C3C92504B401159A63467389509D453_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_7C3C92504B401159A63467389509D453" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_7C3C92504B401159A63467389509D453_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_7C3C92504B401159A63467389509D453" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_7C3C92504B401159A63467389509D453" xlink:type="locator" />
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    <link:label id="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78_terseLabel_en-US" xlink:label="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Webforge</link:label>
    <link:label id="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78_label_en-US" xlink:label="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Webforge [Member]</link:label>
    <link:label id="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78_documentation_en-US" xlink:label="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Webforge, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_WebforgeMember" xlink:label="loc_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78" xlink:to="lab_vmi_WebforgeMember_C3840E0E455803D4365A673895092A78" xlink:type="arc" />
    <link:label id="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD_terseLabel_en-US" xlink:label="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valmont SM</link:label>
    <link:label id="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD_label_en-US" xlink:label="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valmont S M [Member]</link:label>
    <link:label id="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD_documentation_en-US" xlink:label="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to Valmont SM, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ValmontSMMember" xlink:label="loc_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD" xlink:to="lab_vmi_ValmontSMMember_EF22C76577B85E0927CB673895098CDD" xlink:type="arc" />
    <link:label id="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97_terseLabel_en-US" xlink:label="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Newmark</link:label>
    <link:label id="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97_label_en-US" xlink:label="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Newmark [Member]</link:label>
    <link:label id="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97_documentation_en-US" xlink:label="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Newmark, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_NewmarkMember" xlink:label="loc_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97" xlink:to="lab_vmi_NewmarkMember_A29CDB4FCD60747D7E7C67389509FF97" xlink:type="arc" />
    <link:label id="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21_terseLabel_en-US" xlink:label="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ingal EPS/Ingal Civil Products</link:label>
    <link:label id="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21_label_en-US" xlink:label="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ingal E P S Or Ingal Civil Products [Member]</link:label>
    <link:label id="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21_documentation_en-US" xlink:label="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Ingal EPS or Ingal Civil Products, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_IngalEPSOrIngalCivilProductsMember" xlink:label="loc_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21" xlink:to="lab_vmi_IngalEPSOrIngalCivilProductsMember_42234CC285FFB0D558BB673895093D21" xlink:type="arc" />
    <link:label id="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C_terseLabel_en-US" xlink:label="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Donhad</link:label>
    <link:label id="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C_label_en-US" xlink:label="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Donhad [Member]</link:label>
    <link:label id="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C_documentation_en-US" xlink:label="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Donhad, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DonhadMember" xlink:label="loc_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C" xlink:to="lab_vmi_DonhadMember_6D6126B4B5B92A4103E167389509EA3C" xlink:type="arc" />
    <link:label id="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21_terseLabel_en-US" xlink:label="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shakespeare</link:label>
    <link:label id="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21_label_en-US" xlink:label="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shakespeare [Member]</link:label>
    <link:label id="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21_documentation_en-US" xlink:label="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Shakespeare, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ShakespeareMember" xlink:label="loc_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21" xlink:to="lab_vmi_ShakespeareMember_4CCE9A259B841093D44F67389509EB21" xlink:type="arc" />
    <link:label id="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1_terseLabel_en-US" xlink:label="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industrial Galvanizers</link:label>
    <link:label id="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1_label_en-US" xlink:label="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industrial Galvanizers [Member]</link:label>
    <link:label id="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1_documentation_en-US" xlink:label="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to Industrial Galvanizers, a trade name of the entity.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_IndustrialGalvanizersMember" xlink:label="loc_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1" xlink:to="lab_vmi_IndustrialGalvanizersMember_5D97CB546403A6F531F76738950944D1" xlink:type="arc" />
    <link:label id="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD_terseLabel_en-US" xlink:label="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD_label_en-US" xlink:label="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Trade Names [Member]</link:label>
    <link:label id="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD_documentation_en-US" xlink:label="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents other trade names of the entity, which are not defined elsewhere.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_OtherTradeNamesMember" xlink:label="loc_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD" xlink:to="lab_vmi_OtherTradeNamesMember_3B7B0E6CBE55E080C3EA6738950A40AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188_terseLabel_en-US" xlink:label="lab_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade Names</link:label>
    <link:label id="lab_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188_label_en-US" xlink:label="lab_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade Names [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradeNamesMember" xlink:label="loc_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188" xlink:to="lab_us-gaap_TradeNamesMember_2609D1893717A482B3856738950A3188" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-amortized intangible assets</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_B9A695191D14AD089DFC6738950AA4A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying value of trade names</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-Lived Intangible Assets (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_0DFE048BC923053E96336738950A2B4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_968B749BAD45CBD780F4673895B07CB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principles of Consolidation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_CD08CA530A0214E4DC18673895B0783B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash overdrafts</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_7183BFC025433A7E3B3D673895B0E6D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments</link:label>
    <link:label id="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25_label_en-US" xlink:label="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25" xlink:to="lab_us-gaap_SegmentReportingPolicyPolicyTextBlock_C3D37F2261E74CDDD72B673895B1CD25" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725_terseLabel_en-US" xlink:label="lab_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fiscal Year</link:label>
    <link:label id="lab_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725_label_en-US" xlink:label="lab_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fiscal Period, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiscalPeriod" xlink:label="loc_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725" xlink:to="lab_us-gaap_FiscalPeriod_735D56BF3B59EB8FCD21673895B14725" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7_terseLabel_en-US" xlink:label="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable</link:label>
    <link:label id="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7_label_en-US" xlink:label="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and Other Accounts Receivable, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:label="loc_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7" xlink:to="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_93DBDC79A7615B0D6FC3673895B1CAF7" xlink:type="arc" />
    <link:label id="lab_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7_label_en-US" xlink:label="lab_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InventoryPolicyTextBlock" xlink:label="loc_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7" xlink:to="lab_us-gaap_InventoryPolicyTextBlock_EB4C1BC14057EBD39F6C673895B1A7C7" xlink:type="arc" />
    <link:label id="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576_terseLabel_en-US" xlink:label="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-Lived Assets</link:label>
    <link:label id="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576_label_en-US" xlink:label="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment and Intangible Assets Including Goodwill [Policy Text Block]</link:label>
    <link:label id="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576_documentation_en-US" xlink:label="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accounting policy for property, plant and equipment, and intangible assets including goodwill which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock" xlink:label="loc_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576" xlink:to="lab_vmi_PropertyPlantAndEquipmentAndIntangibleAssetsIncludingGoodwillPolicyTextBlock_9D8C94816BF60F0CF38B673895B17576" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_9347ADD52172EDB5B97A673895B1A540_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_9347ADD52172EDB5B97A673895B1A540" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_9347ADD52172EDB5B97A673895B1A540_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_9347ADD52172EDB5B97A673895B1A540" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_9347ADD52172EDB5B97A673895B1A540" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_A8D16B4430B45F05502380E1776554F4_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_A8D16B4430B45F05502380E1776554F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_96A083D61097A78ECFBB80E17765D18A_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_96A083D61097A78ECFBB80E17765D18A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchase of property, plant and equipment</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_69518FC8D41BEAF62A3F80E177658D6D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_69518FC8D41BEAF62A3F80E177658D6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of assets</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_509EFF2259DED83ABC1680E17765D145_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_509EFF2259DED83ABC1680E17765D145" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions, net of cash acquired</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_8AE139669ACEC3111C4A80E17765E19F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_8AE139669ACEC3111C4A80E17765E19F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash flows from investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_8AE139669ACEC3111C4A80E17765E19F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_8AE139669ACEC3111C4A80E17765E19F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_8AE139669ACEC3111C4A80E17765E19F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_B19CE20F1A32700EAB1180E17765E090_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_B19CE20F1A32700EAB1180E17765E090" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities:</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_8ABE7FDEFF3DA499124480E1776502DF_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_8ABE7FDEFF3DA499124480E1776502DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net payments under short-term agreements</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_7422BA1765F5EF5BFDA480E17729B5AF_verboseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_7422BA1765F5EF5BFDA480E17729B5AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash paid to acquire business</link:label>
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    <link:label id="lab_vmi_ExercisePriceRangeDollar60.97ToDollar85.32Member_D17BD9AD0DA2854922DE67389501679F_terseLabel_en-US" xlink:label="lab_vmi_ExercisePriceRangeDollar60.97ToDollar85.32Member_D17BD9AD0DA2854922DE67389501679F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range of exercise price per share from $60.97 and $85.32</link:label>
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    <link:label id="lab_vmi_ExercisePriceRangeDollar60.97ToDollar85.32Member_D17BD9AD0DA2854922DE67389501679F_documentation_en-US" xlink:label="lab_vmi_ExercisePriceRangeDollar60.97ToDollar85.32Member_D17BD9AD0DA2854922DE67389501679F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information related to options for exercise prices per share of stock options outstanding and exercisable between $60.97 and $85.32.</link:label>
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    <link:label id="lab_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9_terseLabel_en-US" xlink:label="lab_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range of exercise price per share from $104.47 and $110.33</link:label>
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    <link:label id="lab_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9_documentation_en-US" xlink:label="lab_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information related to options for exercise prices per share of stock options outstanding and exercisable between $104.47 and $110.33</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member" xlink:label="loc_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9" xlink:to="lab_vmi_ExercisePriceRangeDollar104.47ToDollar110.33Member_D3EE3B0498C9EE68AECA6738950127D9" xlink:type="arc" />
    <link:label id="lab_vmi_ExercisePriceRangeDollar120.91ToDollar151.45Member_6F3438CEB31C7222B1A367389502B3A5_terseLabel_en-US" xlink:label="lab_vmi_ExercisePriceRangeDollar120.91ToDollar151.45Member_6F3438CEB31C7222B1A367389502B3A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range of exercise price per share from $120.91 to $151.45</link:label>
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    <link:label id="lab_vmi_ExercisePriceRangeDollar120.91ToDollar151.45Member_6F3438CEB31C7222B1A367389502B3A5_documentation_en-US" xlink:label="lab_vmi_ExercisePriceRangeDollar120.91ToDollar151.45Member_6F3438CEB31C7222B1A367389502B3A5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information related to options for exercise prices per share of stock options outstanding and exercisable between $120.91 to $151.45.</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_F38DFE47695EC76506CE673895028EC9_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_F38DFE47695EC76506CE673895028EC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options outstanding and exercisable by price range</link:label>
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    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_5536E6DC032C9876B1A2673895020D4B_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_5536E6DC032C9876B1A2673895020D4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options Outstanding, Weighted Average Remaining Contractual Life</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditMember_9EA2F657FD500A9B1C35710BD3157D7C" xlink:to="lab_us-gaap_LineOfCreditMember_9EA2F657FD500A9B1C35710BD3157D7C" xlink:type="arc" />
    <link:label id="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B_terseLabel_en-US" xlink:label="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IDR Bonds</link:label>
    <link:label id="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B_label_en-US" xlink:label="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industrial Development Revenue Bonds [Member]</link:label>
    <link:label id="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B_documentation_en-US" xlink:label="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industrial Development Revenue Bonds.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_IndustrialDevelopmentRevenueBondsMember" xlink:label="loc_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B" xlink:to="lab_vmi_IndustrialDevelopmentRevenueBondsMember_F2BCD03D0E7DB5295D2A710BD315CE1B" xlink:type="arc" />
    <link:label id="lab_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657_terseLabel_en-US" xlink:label="lab_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other notes</link:label>
    <link:label id="lab_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657_label_en-US" xlink:label="lab_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes1.75 Percent To3.485 Percent [Member]</link:label>
    <link:label id="lab_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657_documentation_en-US" xlink:label="lab_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Notes with interest rates ranging from 1.75% to 3.485%.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_Notes1.75PercentTo3.485PercentMember" xlink:label="loc_vmi_Notes1.75PercentTo3.485PercentMember_E56810E759848AD9801B710BD315A657" xlink:type="locator" />
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    <link:label id="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6_terseLabel_en-US" xlink:label="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short Term Bank Lines Of Credit</link:label>
    <link:label id="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6_label_en-US" xlink:label="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short Term Bank Lines Of Credit [Member]</link:label>
    <link:label id="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6_documentation_en-US" xlink:label="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Short-term bank line of credit.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ShortTermBankLinesOfCreditMember" xlink:label="loc_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6" xlink:to="lab_vmi_ShortTermBankLinesOfCreditMember_BB347478FEC914BFA9FD710BD3155EF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_5CFE080CF0227FF55104710BD316F5A3_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_5CFE080CF0227FF55104710BD316F5A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_5CFE080CF0227FF55104710BD316F5A3_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_5CFE080CF0227FF55104710BD316F5A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_5CFE080CF0227FF55104710BD316F5A3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableRateDomain_224935EB830FD5DB08D3710BD3164893_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_224935EB830FD5DB08D3710BD3164893" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_224935EB830FD5DB08D3710BD3164893_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_224935EB830FD5DB08D3710BD3164893" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_224935EB830FD5DB08D3710BD3164893" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_86466495583A217C279C710BD3161354" xlink:type="arc" />
    <link:label id="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66_terseLabel_en-US" xlink:label="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prime lending rate</link:label>
    <link:label id="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66_label_en-US" xlink:label="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Variable Rate Base Prime [Member]</link:label>
    <link:label id="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66_documentation_en-US" xlink:label="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The prime interest rate used to calculate the variable interest rate of the debt instrument.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DebtInstrumentVariableRateBasePrimeMember" xlink:label="loc_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66" xlink:to="lab_vmi_DebtInstrumentVariableRateBasePrimeMember_4A6E8468CBD189472FE9710BD316DC66" xlink:type="arc" />
    <link:label id="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E_terseLabel_en-US" xlink:label="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Funds rate</link:label>
    <link:label id="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E_label_en-US" xlink:label="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Variable Rate Base Federal [Member]</link:label>
    <link:label id="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E_documentation_en-US" xlink:label="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The federal funds rate used to calculate the variable interest rate of the debt instrument.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DebtInstrumentVariableRateBaseFederalMember" xlink:label="loc_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E" xlink:to="lab_vmi_DebtInstrumentVariableRateBaseFederalMember_925D3C3205DA2F706001710BD3179F1E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt:</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36" xlink:to="lab_us-gaap_DebtInstrumentLineItems_109F48B2F3A03D7E6C38710BD3177F36" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate principal amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_2436B8891DCF40CA790C710BD3171CC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_A85FB5FB1E9A984389937121086F385C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_A85FB5FB1E9A984389937121086F385C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Debt issuance costs</link:label>
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_A85FB5FB1E9A984389937121086F385C_label_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_A85FB5FB1E9A984389937121086F385C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Issuance Costs, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNet_A85FB5FB1E9A984389937121086F385C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9_totalLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total long-term debt</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9" xlink:to="lab_us-gaap_LongTermDebt_4D9430BED7CFEB9DCDB0710BD318D2A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized premium on senior unsecured notes</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Premium</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentUnamortizedPremium" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedPremium_F507E05B912B6A12E0BC710BD3182F7E" xlink:type="arc" />
    <link:label id="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96_terseLabel_en-US" xlink:label="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized premium recognized as revenue</link:label>
    <link:label id="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96_label_en-US" xlink:label="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Premium Recognized As Revenue</link:label>
    <link:label id="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96_documentation_en-US" xlink:label="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the unamortized premium on debt that has been recognized as income.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_UnamortizedPremiumRecognizedAsRevenue" xlink:label="loc_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96" xlink:to="lab_vmi_UnamortizedPremiumRecognizedAsRevenue_6041B02028B6CA28EEB6710BD318DE96" xlink:type="arc" />
    <link:label id="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1_terseLabel_en-US" xlink:label="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption price of notes, stated as a percentage of principal amount (as a percent)</link:label>
    <link:label id="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1_label_en-US" xlink:label="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Repurchase Price as Percentage of Face Value</link:label>
    <link:label id="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1_documentation_en-US" xlink:label="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the redemption price of notes that were redeemed, stated as a percentage of the face value.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue" xlink:label="loc_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1" xlink:to="lab_vmi_DebtInstrumentRepurchasePriceAsPercentageOfFaceValue_C179636072A4524C7607710BD318CEC1" xlink:type="arc" />
    <link:label id="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797_terseLabel_en-US" xlink:label="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash prepayment expenses</link:label>
    <link:label id="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797_label_en-US" xlink:label="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Prepayment Expenses</link:label>
    <link:label id="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797_documentation_en-US" xlink:label="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of cost for prepayment of debt.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DebtPrepaymentExpenses" xlink:label="loc_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797" xlink:to="lab_vmi_DebtPrepaymentExpenses_459853A6C140CDBB7F2D710BD318E797" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtCurrent_5DB07B65AE8FE51A666A710BD318E317_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_5DB07B65AE8FE51A666A710BD318E317" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Less current installments of long-term debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtCurrent" xlink:label="loc_us-gaap_LongTermDebtCurrent_5DB07B65AE8FE51A666A710BD318E317" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtCurrent_5DB07B65AE8FE51A666A710BD318E317" xlink:to="lab_us-gaap_LongTermDebtCurrent_5DB07B65AE8FE51A666A710BD318E317" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate on notes (as a percent)</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_8EDE6D3F27306ED338A3710BD318CD44" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase amount through partial tender offer</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Repurchased Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0" xlink:to="lab_us-gaap_DebtInstrumentRepurchasedFaceAmount_056AF30F7BE6386BD22F710BD3186AB0" xlink:type="arc" />
    <link:label id="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA_terseLabel_en-US" xlink:label="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Previous borrowing capacity</link:label>
    <link:label id="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA_label_en-US" xlink:label="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility Previous Borrowing Capacity</link:label>
    <link:label id="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA_documentation_en-US" xlink:label="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Label: Maximum borrowing capacity Element ID: us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity Balance Type: credit Data Type: monetary(xbrli:monetaryItemType) Period Type: instant Preferred Label Role: terseLabel --------------------------------------------------------------------- Previous borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_LineOfCreditFacilityPreviousBorrowingCapacity" xlink:label="loc_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA" xlink:to="lab_vmi_LineOfCreditFacilityPreviousBorrowingCapacity_135CA8D8D3A210B31B27710BD31884FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_A4DAB5988777E270D38E710BD319263A_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_A4DAB5988777E270D38E710BD319263A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum borrowing capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_A4DAB5988777E270D38E710BD319263A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_A4DAB5988777E270D38E710BD319263A" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_A4DAB5988777E270D38E710BD319263A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in borrowing capacity, maximum</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722" xlink:to="lab_us-gaap_ProceedsFromLinesOfCredit_3012A899929A105439B7710BD319A722" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable interest rate basis</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Description of Variable Rate Basis</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E" xlink:to="lab_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_E1E626D5973774955957710BD319A39E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis points added to variable rate (as a percent)</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_D2C2E47A882C0073A8BF710BD31A6EFC" xlink:type="arc" />
    <link:label id="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC_terseLabel_en-US" xlink:label="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable interest rate, base period</link:label>
    <link:label id="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC_label_en-US" xlink:label="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Variable Interest Rate Basis Period</link:label>
    <link:label id="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC_documentation_en-US" xlink:label="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the interest period to determine the variable interest rate, such as LIBOR or the US Treasury rate.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_DebtInstrumentVariableInterestRateBasisPeriod" xlink:label="loc_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC" xlink:to="lab_vmi_DebtInstrumentVariableInterestRateBasisPeriod_845C861565BBA1CBA67E710BD31A41DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C9B2150F5DC6EEA54DC5710BD31A77DA_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C9B2150F5DC6EEA54DC5710BD31A77DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional borrowing capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C9B2150F5DC6EEA54DC5710BD31A77DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C9B2150F5DC6EEA54DC5710BD31A77DA" xlink:to="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C9B2150F5DC6EEA54DC5710BD31A77DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Standby letters of credit outstanding</link:label>
    <link:label id="lab_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7_label_en-US" xlink:label="lab_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Line of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7" xlink:to="lab_us-gaap_LineOfCredit_53368FB88D53B42CCC32710BD31A79E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective interest rate (as a percent)</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Effective Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277" xlink:to="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_9890AD8504BC3F96E3B3710BD31AC277" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermBorrowings_E5DABB7BAFF147499E68710BD31ADAD1_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_E5DABB7BAFF147499E68710BD31ADAD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:label id="lab_us-gaap_ShortTermBorrowings_E5DABB7BAFF147499E68710BD31ADAD1_label_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_E5DABB7BAFF147499E68710BD31ADAD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt</link:label>
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    <link:label id="lab_us-gaap_EarningsPerShareBasic_6F5CF744399EA72F664E6738957A8118_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_6F5CF744399EA72F664E6738957A8118" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_6F5CF744399EA72F664E6738957A8118" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfGoodwillTable_CAB561363AAFA6D367B571A541587F12_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_CAB561363AAFA6D367B571A541587F12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill [Table]</link:label>
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    <link:loc xlink:href="vmi-20161231.xsd#vmi_CoatingsSegmentMember" xlink:label="loc_vmi_CoatingsSegmentMember_96F9F570FC5414ACD70D71A5415E7F82" xlink:type="locator" />
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    <link:label id="lab_vmi_AccessSystemsMember_FEBACB817DC6597F07F071A5415EEDC6_terseLabel_en-US" xlink:label="lab_vmi_AccessSystemsMember_FEBACB817DC6597F07F071A5415EEDC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Access Systems</link:label>
    <link:label id="lab_vmi_AccessSystemsMember_FEBACB817DC6597F07F071A5415EEDC6_label_en-US" xlink:label="lab_vmi_AccessSystemsMember_FEBACB817DC6597F07F071A5415EEDC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Access Systems [Member]</link:label>
    <link:label id="lab_vmi_AccessSystemsMember_FEBACB817DC6597F07F071A5415EEDC6_documentation_en-US" xlink:label="lab_vmi_AccessSystemsMember_FEBACB817DC6597F07F071A5415EEDC6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to access systems applications.</link:label>
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    <link:label id="lab_us-gaap_GoodwillLineItems_BBBAB7DE92E8C4DD663D71A5415E3A8E_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_BBBAB7DE92E8C4DD663D71A5415E3A8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill [Line Items]</link:label>
    <link:label id="lab_us-gaap_GoodwillLineItems_BBBAB7DE92E8C4DD663D71A5415E3A8E_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_BBBAB7DE92E8C4DD663D71A5415E3A8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_us-gaap_GoodwillLineItems_BBBAB7DE92E8C4DD663D71A5415E3A8E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GoodwillGross_6EC3740FF1909B3FDD0C71C3FC7DACA3_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillGross_6EC3740FF1909B3FDD0C71C3FC7DACA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill, Gross</link:label>
    <link:label id="lab_us-gaap_GoodwillGross_6EC3740FF1909B3FDD0C71C3FC7DACA3_label_en-US" xlink:label="lab_us-gaap_GoodwillGross_6EC3740FF1909B3FDD0C71C3FC7DACA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Gross</link:label>
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    <link:label id="lab_us-gaap_GoodwillRollForward_C0A110729F5A3AF5A31B71A5415EFABE_label_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_C0A110729F5A3AF5A31B71A5415EFABE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [Roll Forward]</link:label>
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    <link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_159AEB69B22777FBEF2A71A5415F8122_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_159AEB69B22777FBEF2A71A5415F8122" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Divestiture of business</link:label>
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    <link:label id="lab_vmi_CostMethodInvestmentOwnershipPercentage_7C7E7EEDEF68490D534080E177477ADB_terseLabel_en-US" xlink:label="lab_vmi_CostMethodInvestmentOwnershipPercentage_7C7E7EEDEF68490D534080E177477ADB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost method investment in affiliates, ownership percentage</link:label>
    <link:label id="lab_vmi_CostMethodInvestmentOwnershipPercentage_7C7E7EEDEF68490D534080E177477ADB_label_en-US" xlink:label="lab_vmi_CostMethodInvestmentOwnershipPercentage_7C7E7EEDEF68490D534080E177477ADB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Method Investment, Ownership Percentage</link:label>
    <link:label id="lab_vmi_CostMethodInvestmentOwnershipPercentage_7C7E7EEDEF68490D534080E177477ADB_documentation_en-US" xlink:label="lab_vmi_CostMethodInvestmentOwnershipPercentage_7C7E7EEDEF68490D534080E177477ADB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the ownership percentage of common stock in the investee accounted under the cost method of accounting.</link:label>
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    <link:label id="lab_vmi_LengthOfFiscalYear_BD9B183E7CCEAACCB3FF80E17747300B_label_en-US" xlink:label="lab_vmi_LengthOfFiscalYear_BD9B183E7CCEAACCB3FF80E17747300B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Length of Fiscal Year</link:label>
    <link:label id="lab_vmi_LengthOfFiscalYear_BD9B183E7CCEAACCB3FF80E17747300B_documentation_en-US" xlink:label="lab_vmi_LengthOfFiscalYear_BD9B183E7CCEAACCB3FF80E17747300B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the length of fiscal year of the entity.</link:label>
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    <link:label id="lab_us-gaap_ShortTermBorrowingsAbstract_B0684DC4C79EB6C4C6E880E177470085_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowingsAbstract_B0684DC4C79EB6C4C6E880E177470085" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash overdrafts</link:label>
    <link:label id="lab_us-gaap_ShortTermBorrowingsAbstract_B0684DC4C79EB6C4C6E880E177470085_label_en-US" xlink:label="lab_us-gaap_ShortTermBorrowingsAbstract_B0684DC4C79EB6C4C6E880E177470085" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt [Abstract]</link:label>
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    <link:label id="lab_us-gaap_SegmentReportingAbstract_8E223E8575548E9C79D580E177479996_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_8E223E8575548E9C79D580E177479996" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments</link:label>
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    <link:label id="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_3203754B6A38FCFEEC4380E177476510_terseLabel_en-US" xlink:label="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_3203754B6A38FCFEEC4380E177476510" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of Sales to Total Consolidated Sales of Other Business Activities, Aggregated as Other, Maximum</link:label>
    <link:label id="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_3203754B6A38FCFEEC4380E177476510_label_en-US" xlink:label="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_3203754B6A38FCFEEC4380E177476510" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Sales to Total Consolidated Sales of Other Business Activities, Aggregated as Other, Maximum</link:label>
    <link:label id="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_3203754B6A38FCFEEC4380E177476510_documentation_en-US" xlink:label="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_3203754B6A38FCFEEC4380E177476510" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The maximum percentage of sales of individual business activities to total consolidated sales of operating segments that do not meet the quantitative thresholds and thus are not classified as reportable segments.</link:label>
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    <link:label id="lab_us-gaap_TreasuryStockMember_2623B2B0B0DD073C44E880E177590B77_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_2623B2B0B0DD073C44E880E177590B77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasury stock</link:label>
    <link:label id="lab_us-gaap_TreasuryStockMember_2623B2B0B0DD073C44E880E177590B77_label_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_2623B2B0B0DD073C44E880E177590B77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock [Member]</link:label>
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    <link:label id="lab_us-gaap_NoncontrollingInterestMember_DCB964C16CF8C0545A6D80E1775903F6_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_DCB964C16CF8C0545A6D80E1775903F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Noncontrolling interest in consolidated subsidiaries</link:label>
    <link:label id="lab_us-gaap_NoncontrollingInterestMember_DCB964C16CF8C0545A6D80E1775903F6_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_DCB964C16CF8C0545A6D80E1775903F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest [Member]</link:label>
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    <link:label id="lab_vmi_DSSMASMember_BD4F6B473B4A3D87778980E17759E268_netLabel_en-US" xlink:label="lab_vmi_DSSMASMember_BD4F6B473B4A3D87778980E17759E268" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">DS SM</link:label>
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    <link:label id="lab_us-gaap_StatementLineItems_7E8C8BF6E6A6D4CF2B4A80E17759FD94_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_7E8C8BF6E6A6D4CF2B4A80E17759FD94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_7E8C8BF6E6A6D4CF2B4A80E17759FD94" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_us-gaap_ScenarioUnspecifiedDomain_56D8C9CAF374371EEEFB6738969685FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioUnspecifiedDomain_56D8C9CAF374371EEEFB6738969685FC" xlink:to="lab_us-gaap_ScenarioUnspecifiedDomain_56D8C9CAF374371EEEFB6738969685FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating segment</link:label>
    <link:label id="lab_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6_label_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Segments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="loc_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6" xlink:to="lab_us-gaap_OperatingSegmentsMember_7328CCD08FEA52688B5D67389697D2A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C_terseLabel_en-US" xlink:label="lab_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intersegment</link:label>
    <link:label id="lab_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C_label_en-US" xlink:label="lab_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intersegment Eliminations [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="loc_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C" xlink:to="lab_us-gaap_IntersegmentEliminationMember_F004D80BC2B7B43AAA1A67389697388C" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287_terseLabel_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate</link:label>
    <link:label id="lab_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287_label_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reconciling Items [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaterialReconcilingItemsMember" xlink:label="loc_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287" xlink:to="lab_us-gaap_MaterialReconcilingItemsMember_8DBCC2316B1CF035903267389698B287" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B_terseLabel_en-US" xlink:label="lab_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and Services [Axis]</link:label>
    <link:label id="lab_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B_label_en-US" xlink:label="lab_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and Services [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="loc_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B" xlink:to="lab_us-gaap_ProductOrServiceAxis_3678D52FCE87A3FA5E84673896987F1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B_terseLabel_en-US" xlink:label="lab_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and Services [Domain]</link:label>
    <link:label id="lab_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B_label_en-US" xlink:label="lab_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and Services [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="loc_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B" xlink:to="lab_us-gaap_ProductsAndServicesDomain_C986336BC12FAE09217467389698A62B" xlink:type="arc" />
    <link:label id="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11_terseLabel_en-US" xlink:label="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lighting, Traffic, and Roadway Products</link:label>
    <link:label id="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11_label_en-US" xlink:label="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lighting And Traffic [Member]</link:label>
    <link:label id="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11_documentation_en-US" xlink:label="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to lighting, traffic and roadway products and/or services.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_LightingAndTrafficMember" xlink:label="loc_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11" xlink:to="lab_vmi_LightingAndTrafficMember_27F3AF04FB090F8C470B673896984C11" xlink:type="arc" />
    <link:label id="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66_terseLabel_en-US" xlink:label="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Communication Products</link:label>
    <link:label id="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66_label_en-US" xlink:label="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Communication Structures [Member]</link:label>
    <link:label id="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66_documentation_en-US" xlink:label="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to communication products.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_CommunicationStructuresMember" xlink:label="loc_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66" xlink:to="lab_vmi_CommunicationStructuresMember_2874C8B14E1D17967D5C67389698FC66" xlink:type="arc" />
    <link:label id="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9_verboseLabel_en-US" xlink:label="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Offshore and Other Complex Steel Structures</link:label>
    <link:label id="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9_label_en-US" xlink:label="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offshore Structures [Member]</link:label>
    <link:label id="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9_documentation_en-US" xlink:label="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to offshore structure products and/or services.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_OffshoreStructuresMember" xlink:label="loc_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9" xlink:to="lab_vmi_OffshoreStructuresMember_82D279F880EFA5A090426738969822A9" xlink:type="arc" />
    <link:label id="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F_terseLabel_en-US" xlink:label="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grinding Media</link:label>
    <link:label id="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F_label_en-US" xlink:label="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Grinding Media [Member]</link:label>
    <link:label id="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F_documentation_en-US" xlink:label="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Grinding Media [Member]</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_GrindingMediaMember" xlink:label="loc_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F" xlink:to="lab_vmi_GrindingMediaMember_6F8AB685354C6E7EFC68673896988F4F" xlink:type="arc" />
    <link:label id="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A_terseLabel_en-US" xlink:label="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Steel</link:label>
    <link:label id="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A_label_en-US" xlink:label="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Steel [Member]</link:label>
    <link:label id="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A_documentation_en-US" xlink:label="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to steel processing products and/or services.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_SteelMember" xlink:label="loc_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A" xlink:to="lab_vmi_SteelMember_671846845A5E09ABAA1B67389699DC5A" xlink:type="arc" />
    <link:label id="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C_terseLabel_en-US" xlink:label="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concrete</link:label>
    <link:label id="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C_label_en-US" xlink:label="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concrete [Member]</link:label>
    <link:label id="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C_documentation_en-US" xlink:label="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to concrete processing products and/or services.</link:label>
    <link:loc xlink:href="vmi-20161231.xsd#vmi_ConcreteMember" xlink:label="loc_vmi_ConcreteMember_78801428E4443F01521267389699174C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_vmi_ConcreteMember_78801428E4443F01521267389699174C" xlink:to="lab_vmi_ConcreteMember_78801428E4443F01521267389699174C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_2219159A6F37E2E1237667389699D4CD_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_2219159A6F37E2E1237667389699D4CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_2219159A6F37E2E1237667389699D4CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingInformationLineItems_2219159A6F37E2E1237667389699D4CD" xlink:to="lab_us-gaap_SegmentReportingInformationLineItems_2219159A6F37E2E1237667389699D4CD" xlink:type="arc" />
    <link:label id="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_82EEB4D0D78521D987E3673896994CA5_verboseLabel_en-US" xlink:label="lab_vmi_PercentageOfSalesToTotalConsolidatedSalesOfOtherBusinessActivitiesAggregatedAsOtherMaximum_82EEB4D0D78521D987E3673896994CA5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage of sales of other businesses and activities to consolidated sales as basis for aggregation</link:label>
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    <link:label id="lab_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D_terseLabel_en-US" xlink:label="lab_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sales</link:label>
    <link:label id="lab_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D_label_en-US" xlink:label="lab_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D" xlink:to="lab_us-gaap_Revenues_1F7967FDFC5AFF5A475767389699279D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_44DDA5073029AA69313967389699692D_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_44DDA5073029AA69313967389699692D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_44DDA5073029AA69313967389699692D" xlink:type="locator" />
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    <link:label id="lab_vmi_ValmontDeferredCompensationPlanMember_3F8A46134888A30634A86738963E79B7_terseLabel_en-US" xlink:label="lab_vmi_ValmontDeferredCompensationPlanMember_3F8A46134888A30634A86738963E79B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valmont Deferred Compensation Plan</link:label>
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