FORT WORTH, Texas, June 22, 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 a new 180,000-square-foot
facility, located in the city of Suwanee,
Georgia, - in the Atlanta
metro area - to house its Industrial division, which includes
specialty welding, fabrication and field services groups. AZZ
intends to relocate its existing operations in Norcross, Georgia to the new location.
"AZZ's specialty welding business is dedicated to developing
innovative weld overlay products and services to address the
challenge of aging infrastructure in energy markets," said
Gary Hill, Vice President and
General Manager of AZZ Industrial. "We will maintain that
commitment by strategically relocating and expanding our operations
in Gwinnett County. We are excited
with the expanded growth potential this facility will provide in
the coming years, as we continue to address corrosion and erosion
challenges in critical infrastructure worldwide."
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;s
Galvanizing Segment is a leading provider of metal finishing
solutions for corrosion protection, including hot dip galvanizing
to the North American steel fabrication industry. AZZ's Energy
Segment 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.