Category: Coil Coaters

AZZ Inc., relatively unfazed by volatility in zinc pricing, is optimistic about demand prospects and M&A opportunities, especially in the galvanizing sector.

AZZ Inc. posted sharply higher second-quarter profits driven by increased sales of and better demand for its products. The Fort Worth, Texas-based hot-dipped galvanized and coil coater reported net income of $35.4 million in the second quarter of 2024, up 43.3% from $24.7 million in the same quarter last year. It posted Q2'24 sales of $409 million, up 2.6% from $398.5 million in Q2'23.

AZZ Inc. said it is seeing improving demand for its coil coating services as it reported a solid quarterly performance.

AZZ – Precoat Metals has announced the promotion of Jeff Vellines to president of the company.

Azz Inc. swung to a profit in its fiscal second quarter of 2024 as its metal coatings business was lifted by infrastructure spending.

AZZ Inc. reported an 18% increase in net income in its fiscal first quarter of 2024, driven by a strong performance in its Metal Coatings business and by a full quarter with its Precoat Metals acquisition. The Fort Worth, Texas-based galvanizer and coil coater posted net income of $28.5 million in its fiscal Q1 ended […]

Metal coater AZZ Inc. has acquired privately held hot-dip galvanizing and zinc electroplating company Acme Galvanizing Inc. The deal, terms of which were not disclosed, includes all of Milwaukee-based Acme’s assets. The deal will extend the reach of Fort Worth, Texas-based AZZ into the Midwest, the company said. “With the acquisition of Acme, AZZ enhances […]

Flack Global Metals has partnered with First American Resources in a joint venture that will offer prepainted products to the market later this year. The deal is a bit of a departure for FGM, which is now the minority investor in an enterprise that is installing high-end coil coating equipment. FGM has achieved $350 million […]

Sherwin Williams, a major supplier of paint and coatings to coil coaters and other industries, announced a price hike on Monday, citing the need to recoup the escalating costs of raw materials. The company notified its customers to expect a 5 percent increase on all shipments of PVDF and FEVE topcoats, a 7 percent increase […]

Precoat Metals is purchasing the coil coating assets of the Steelscape Fairfield, AL facility. There are no immediate plans to reopen the plant as the company already has a facility located a few miles away in Hueytown, AL. The Steelscape facility consisted of a single paint line which was reported (by sources outside of Precoat) […]