05.06.2015 15:27:13

AZZ Acquires Galvanizing Business Of Trinity Industries - Quick Facts

(RTTNews) - Electrical equipment maker and engineering services provider AZZ Inc. (AZZ) announced that it has acquired the assets of U.S. Galvanizing, LLC, a premier provider of steel corrosion coating services, and a wholly-owned subsidiary of Trinity Industries, Inc. (TRN).

With the purchase of these assets AZZ Galvanizing Services has increased its network of hot-dip galvanizing plants to 42 sites in the United States and Canada.

The acquisition of the U.S. Galvanizing, LLC assets includes six galvanizing facilities located in Hurst, Texas; Kennedale, Texas; Big Spring, Texas; San Antonio, Texas; Morgan City, Louisiana; and Kosciusko, Mississippi. Additionally, the transaction includes Texas Welded Wire, a secondary business integrated within U.S. Galvanizing's Hurst, Texas facility.

As part of this acquisition, AZZ and Meyer Steel Structures, a wholly-owned subsidiary of Trinity Industries, have entered into a long-term supply and service agreement where AZZ will be the primary supplier of hot-dip galvanizing services for Meyer Steel Structures.

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AZZ IncShs 87,50 25,90% AZZ IncShs
Trinity Industries Inc. 35,60 48,33% Trinity Industries Inc.