About AZZ

AZZ Inc. (AZZ) operates as a provider of hot-dip galvanizing and coil coating solutions to a broad range of end-markets, predominantly in North America. Strategy The company has a developed strategy and periodically reviews its performance, opportunities, market conditions and competitive threats. Segments AZZ Metal Coatings segment The AZZ Metal Coatings segment provides hot-dip galvanizing, spin galvanizing, powder coating, anodizing and plating, and other surface coating applications to the steel fabrication and other industries through facilities located throughout the United States and Canada. Hot-dip galvanizing is a metallurgical process in which molten zinc reacts to steel. The zinc alloying provides corrosion protection and extends the life-cycle of fabricated steel for several decades. As of February 28, 2023, the company operated 41 galvanizing plants, six surface technologies plants and one tubing plant, which were located in various locations throughout the United States and Canada. The company typically serves fabricators or manufacturers that provide solutions to the electrical and telecommunications, bridge and highway, petrochemical and general industrial markets, and numerous original equipment manufacturers. On February 28, 2022, the company entered into an agreement to acquire all the outstanding shares of DAAM Galvanizing Co. Ltd. (‘DAAM’), a privately held hot-dip galvanizing company based in Edmonton, Alberta Canada. The acquisition supported the company’s intention of continued geographic expansion, as well as portfolio expansion of the company’s metal coatings solutions. On December 31, 2021, the company completed the acquisition of the assets of Steel Creek Galvanizing Company, LLC, a privately held hot-dip galvanizing company based in Blacksburg, South Carolina. The acquisition expanded the company’s geographical reach in metal coating solutions and broadened the company’s offerings in strategic markets. In January 2021, the company completed the acquisition of the assets of Acme Galvanizing, Inc., a privately held hot-dip galvanizing and zinc electroplating company based in Milwaukee, Wisconsin. The acquisition expanded the company’s geographical reach in metal coating solutions and broadened the company’s offerings in strategic markets. AZZ Precoat Metals segment On May 13, 2022, the company completed the acquisition of the Precoat Metals business division (‘Precoat Metals’) of Sequa Corporation (‘Sequa’), a portfolio company owned by Carlyle, a global private equity firm (the ‘Precoat Acquisition’). The AZZ Precoat Metals segment provides advanced applications of protective and decorative coatings and related value-added services for steel and aluminum coil, primarily serving the construction; appliance; heating, ventilation, and air conditioning (HVAC); container; transportation and other end markets. AZZ Precoat Metals segment office is located in St. Louis, Missouri and operates through 13 plants located in the United States. The company primarily serves distributors, fabricators or manufacturers that ultimately provide manufactured paint and coatings solutions to construction, appliance, HVAC, transportation, container, and general industrial markets, as well as numerous original equipment manufacturers. AZZ Infrastructure Solutions segment AZZ's Infrastructure Solutions segment is a leading provider of specialized products and services primarily designed to support industrial and electrical applications. On September 30, 2022, the company contributed its AZZ Infrastructure Solutions business, excluding AZZ Crowley Tubing, to a joint venture and sold a 60% interest in the joint venture to Fernweh AIS Acquisition LP. The segment's product offerings included custom switchgear, electrical enclosures, medium and high voltage bus ducts, explosion proof and hazardous duty lighting. In addition to the company’s product offerings, the company’s AZZ Infrastructure Solutions segment focuses on life-cycle extension for the power generation, refining and industrial infrastructure, through providing automated weld overlay solutions for corrosion and erosion mitigation. The markets for the company’s AZZ Infrastructure Solutions segment products consist of large multi-national companies, along with numerous small independent companies. The AZZ Infrastructure Solutions segment is reported as discontinued operations. History AZZ Inc. was founded in 1956. The company was incorporated in 1956 under the laws of the state of Texas.