AZZ Inc. to acquire electroplating services provider NuZinc

Monday, 26 August 2019 21:13:26 (GMT+3)   |   San Diego
       

AZZ Inc. announced today that it has acquired all the assets of NuZinc, LLC, a privately held plating company in the Dallas-Fort Worth, Texas area. NuZinc provides electroplating services to the markets of aerospace, defense, telecommunications, medical, transportation and commercial industries. Terms of the transaction were not disclosed. AZZ expects the acquisition will be accretive to earnings within the first year of operation.

Through the acquisition, AZZ gains the plating operations and employees of NuZinc, which operates in a 29,000 square foot facility in Garland, Texas.  Going forward, AZZ intends to operate the facility as AZZ Powder Coating and Plating – Garland, and will integrate it with existing powder coating and plating operations the company operates in the area. 

Michael Doucet, Senior Vice President of AZZ Surface Technologies commented, "We are pleased to welcome NuZinc's employees to AZZ and look forward to a seamless integration while providing customers with expanded services through our growing network of surface technology plants. With the addition of NuZinc, AZZ now operates six powder coating and plating operations in the Dallas-Fort Worth area.  This acquisition adds value and expands our scope of services for customers throughout North America."

 


Similar articles

US flat market steady as buyers are sidelined on weak economic data

26 Apr | Flats and Slab

Net profit increases in Q1 2024 at Aceros Arequipa

26 Apr | Steel News

Mexican automotive exports decrease 2.4 percent in March

26 Apr | Steel News

US cut-length plate imports down 3.7 percent in March

26 Apr | Steel News

Romanian flats prices stable despite slower trade

26 Apr | Flats and Slab

Chinese domestic PPGI prices fluctuate slightly, sentiment affected by futures price drop

26 Apr | Flats and Slab

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Global View on HRC: Prices mainly up in most regions, but trade hit by non-VAT investigation in China

26 Apr | Flats and Slab

Turkey’s plate prices mostly stable, supply reduced

26 Apr | Flats and Slab

European HRC mills make attempts to hike offers, import prices firm up further

26 Apr | Flats and Slab