AZZ Inc. acquires assets of Nebraska-based galvanizing facility from Olson Industries, Inc.

AZZ Inc., a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution and industrial markets, announced today that it has acquired the assets of Alpha Galvanizing Inc., an Atkinson, Nebraska-based business unit of Olson Industries, Inc. Alpha Galvanizing has served steel fabrication customers that manufacture electrical utility poles, agricultural machinery and industrial manufacturing components since 1996.

The newly acquired Nebraska plant is located on a 12-acre site with a 19,500 square foot operating facility with a 46'L x 6'W x 8'D kettle. Alpha Galvanizing was founded to bring quality galvanizing services to the Nebraska market as well as to support Olson Industries' internal galvanizing demand. The new galvanizing plant will operate as AZZ Galvanizing–Nebraska and will complement AZZ's Midwestern locations in Minnesota and Denver, Colorado. This acquisition increases AZZ Galvanizing Services' network of hot-dip galvanizing plants to 43 sites in the United States and Canada.

Tim Pendley, senior vice president and chief operating officer of Galvanizing Services of AZZ Inc., commented, "We are pleased to enter a new galvanizing market in Nebraska with the acquisition of the assets of Alpha Galvanizing. Our goal is to continue to expand our geographic coverage by offering a broad portfolio of metal protection services, unmatched quality and superior customer service. From a geographic standpoint, the new AZZ Galvanizing-Nebraska is ideally located to support our Midwestern and Denver locations and their customers as needed. We anticipate the Nebraska plant will be accretive to earnings within the first year of operation."