AZZ reports solid quarter on improving demand
AZZ Inc. said it is seeing improving demand for its coil coating services as it reported a solid quarterly performance.
Category: Coil Coaters
AZZ - Precoat Metals taps new president
AZZ – Precoat Metals has announced the promotion of Jeff Vellines to president of the company.
AZZ Inc. Swings to Profit in Fiscal Q2 on Infrastructure Spending
Azz Inc. swung to a profit in its fiscal second quarter of 2024 as its metal coatings business was lifted by infrastructure spending.
AZZ Logs Higher Net Income, Sales in Fiscal Q1
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 […]
AZZ Buys Acme to Expand Midwest Presence
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 […]
SMU Exclusive: Flack Invests in Paint Line Venture
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 […]
Coil Coaters See Red Over Hike in Price of Paint
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 Purchases Steelscape Fairfield, AL Coil Coating Assets
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) […]