FORT WORTH, Texas, May 31, 2017 /PRNewswire/ -- AZZ Inc. (NYSE:
AZZ), a global provider of galvanizing services, welding solutions,
specialty electrical equipment and highly engineered services to
the power generation, transmission, distribution and industrial
markets, today announced the opening of its first powder coating
operation. The new facility will feature PowderGALV® technology for
duplex metal coating and a sixty-foot cure oven adjacent to the
Company's existing hot dip galvanizing plant in Crowley, Texas.
Tim Pendley, Senior Vice
President and Chief Operating Officer of AZZ Metal Coatings,
commented, "Powder coating is an important strategic initiative for
AZZ that expands the offerings in our metal coatings business. Our
customers will now have additional options including broadened
corrosion protection and the ability to deliver on projects with
specialized color requirements. As the largest North American
galvanizer with 41 plants, we believe powder coating can help us to
expand our reach into another segment of the metal corrosion
protection market allowing our customers to be even more efficient
in servicing their end-user customers. We are dedicated to expand
our metal corrosion capabilities, expand our addressable markets
and continue to leverage our unmatched quality and superior
customer service."
About AZZ Inc.
AZZ Inc. is a global provider of galvanizing services, welding
solutions, specialty electrical equipment and highly engineered
services to the markets of power generation, transmission,
distribution and industrial in protecting metal and electrical
systems used to build and enhance the world's infrastructure. AZZ
Galvanizing is a leading provider of metal finishing solutions for
corrosion protection, including hot dip galvanizing to the North
American steel fabrication industry. AZZ Energy is dedicated to
delivering safe and reliable transmission of power from generation
sources to end customers, and automated weld overlay solutions for
corrosion and erosion mitigation to critical infrastructure in the
energy markets worldwide.
Safe Harbor Statement
Certain statements herein about our expectations of future
events or results constitute forward-looking statements for
purposes of the safe harbor provisions of The Private Securities
Litigation Reform Act of 1995. You can identify forward-looking
statements by terminology such as, "may," "should," "expects,"
"plans," "anticipates," "believes," "estimates," "predicts,"
"potential," "continue," or the negative of these terms or other
comparable terminology. Such forward-looking statements are based
on currently available competitive, financial and economic data and
management's views and assumptions regarding future events. Such
forward-looking statements are inherently uncertain, and investors
must recognize that actual results may differ from those expressed
or implied in the forward-looking statements. This release may
contain forward-looking statements that involve risks and
uncertainties including, but not limited to, changes in customer
demand and response to products and services offered by AZZ,
including demand by the power generation markets, electrical
transmission and distribution markets, the industrial markets, and
the hot dip galvanizing markets; prices and raw material cost,
including zinc and natural gas which are used in the hot dip
galvanizing process; changes in the political stability and
economic conditions of the various markets that AZZ serves, foreign
and domestic, customer requested delays of shipments, acquisition
opportunities, currency exchange rates, adequacy of financing, and
availability of experienced management and employees to implement
AZZ's growth strategy. AZZ has provided additional information
regarding risks associated with the business in AZZ's Annual Report
on Form 10-K for the fiscal year ended February 28, 2017 and other filings with the SEC,
available for viewing on AZZ's website at www.azz.com and on the
SEC's website at www.sec.gov. You are urged to consider these
factors carefully in evaluating the forward-looking statements
herein and are cautioned not to place undue reliance on such
forward-looking statements, which are qualified in their entirety
by this cautionary statement. These statements are based on
information as of the date hereof and AZZ assumes no obligation to
update any forward-looking statements, whether as a result of new
information, future events, or otherwise.
Contact:
Paul Fehlman, Senior Vice President
–Finance and CFO
AZZ Inc. 817-810-0095
Internet: www.azz.com
Lytham Partners
602-889-9700
Joe Dorame, Robert Blum or Joe
Diaz
Internet: www.lythampartners.com
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SOURCE AZZ Inc.