AZZ announced that it has entered into an agreement to acquire all the assets of Canton Galvanizing, a privately held hot-dip galvanizing company based in Canton, Ohio.
Bryan StovallTerms of the transaction were not disclosed. AZZ expects the acquisition to be accretive to earnings within the first year of operation. AZZ will operate the new facility under the name AZZ Galvanizing – Canton East LLC, further extending AZZ's ability to support customers in the Midwest region of the United States. The new galvanizing facility will be integrated into AZZ's existing network of hot-dip galvanizing plants, increasing its total galvanizing network to 42 sites in North America.
“We are pleased to add Canton's galvanizing operations and expand our geographical coverage in the Midwest region of the United States,” says Bryan Stovall, President and Chief Operating Officer - Metal Coatings. “This strategic acquisition increases our metal coating capacity and further strengthens our network of metal coatings facilities. We welcome Canton's employees and customers to AZZ and look forward to a seamless integration with uninterrupted industry-leading customer service.”
Founded in 2019, Canton provides hot-dip galvanizing to customers located in the Midwest and specializes in coating small to mid-size parts. Featuring a spinning operation and a 21-foot kettle, Canton provides quick turnaround times and excellent customer service.
AZZ Inc. is an independent provider of hot-dip galvanizing and coil coating solutions to a broad range of end markets.
Visit www.azz.com.
