AZZ, Inc. (AZZ) Acquires Canton Galvanizing

AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that it has entered into an agreement to acquire all the assets of Canton Galvanizing, LLC ("Canton"), a privately held hot-dip galvanizing company based in Canton, Ohio. Terms of the transaction were not disclosed. AZZ expects the acquisition will be accretive to earnings within the first year of operation. AZZ will operate the new facility under the name AZZ Galvanizing – Canton East LLC further extending AZZ's ability to support customers in the Midwest region of the United States. The new galvanizing facility will be integrated into AZZ's existing network of hot-dip galvanizing plants, increasing its total galvanizing network to 42 sites in North America.

Bryan L. Stovall, President and Chief Operating Officer - Metal Coatings, commented, "We are pleased to add Canton's galvanizing operations and expand our geographical coverage in the Midwest region of the United States. This strategic acquisition increases our metal coating capacity and further strengthens our network of metal coatings facilities. We welcome Canton's employees and customers to AZZ and look forward to a seamless integration with uninterrupted industry-leading customer service."

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