AZZ Inc. (NYSE: AZZ), a leading global provider of specialty electrical equipment and highly engineered services, joined the Georgia Department of Economic Development and Partnership Gwinnett to announce the expansion and relocation of its specialty welding operation in Gwinnett County, metro Atlanta, Georgia.
“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”.
Located at 560 Horizon Drive, AZZ’s new 180,000-square-foot facility will house the company’s industrial division, which includes specialty welding, fabrication and field services groups. AZZ’s corporate headquarters is located in Fort Worth, Texas.
“This announcement reflects the pro-business climate and wealth of resources Georgia is able to provide industry-leading companies, such as AZZ,” said Lindsay Martin, Director of Existing Industry & Regional Recruitment for the Georgia Department of Economic Development. “I am confident AZZ will continue to find growth and success here as part of our business community.”
The AZZ Specialty Welding business group is a global provider of specialty services for maintenance, repair and overhaul for the power generation and industrial markets. They are the leading provider of weld metal overlay solutions for the protection of pressure vessels, boiler tubes and piping components from process corrosion and erosion, extending their operational lifespan.
“We are thrilled that another innovative and globally-recognized company has decided to invest in Gwinnett County,” said Board of Commissioners Chairman, Charlotte Nash. “We congratulate AZZ on their expansion and look forward to seeing their continued growth as part of our business community.”
In September 2016, AZZ received recognition from Tesoro Corporation, an independent refiner and marketer of petroleum products, with a supplier award for Innovation and Value Delivery. This award honored AZZ’s performance and instrumental work as a partner of a Tesoro project in 2015.
“AZZ’s continued commitment to developing market-leading products and services makes them a valuable part of Gwinnett’s business community,” said Andrew Carnes, Director of Economic Development for Partnership Gwinnett. “I congratulate them on this announcement and look forward to assisting them with their plans for future growth.”
For more information, or to learn how to get involved in local economic development efforts, please visit www.partnershipgwinnett.com
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.
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