AZZ Inc
(NYSE: AZZ)
42.93
-0.77
-1.76%
-0.77
-1.76%
MORE ON AZZ
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | AZZ, Inc. |
| Industry: | Metal Fabrication |
| Employees: | 847 |
DESCRIPTION
| AZZ, inc., was established in 1956 and incorporated under the laws of the State of Texas. It is an electrical equipment and components manufacturer, serving the global markets of power generation, transmission and distribution, and the general industrial markets, and a provider of hot dip galvanizing services to the steel fabrication market nationwide. The Company offers products through two business segments, the Electrical and Industrial Products Segment and the Galvanizing Services Segment. The Company’s Electrical and Industrial Products Segment produces engineered specialty electrical products and industrial lighting and tubular products, all of which it markets and sells both in domestic and international markets. Its electrical products are designed, manufactured and configured to distribute electrical power to and from generators, transformers, switching devices and other electrical configurations and are supplied to the power generation, transmission and distribution markets and also to the general industrial market. Its industrial products include industrial lighting and tubular products. It provides lighting products to the petroleum and food processing industries, and to other industries with unique lighting challenges. It also provides tubular products to the petroleum industry. In addition, its Electrical and Industrial Products and Services Segment provide electrical and mechanical equipment and services enhancing the safety of nuclear facilities. The Company sells this segment’s products through manufacturers’ representatives, distributors, agents and its internal sales force. The Galvanizing Services Segment provides hot dip galvanizing to the steel fabrication industry through facilities located throughout the South, Midwest, East Coast and Southwest of the United States and in the Canadian provinces of Quebec, Ontario and Nova Scotia. Hot dip galvanizing is a metallurgical process in which molten zinc is applied to a customer’s material. The zinc bonding renders corrosion protection to fabricated steel for extended periods of up to 50 years. As of February 28, 2013, it operated thirty-five galvanizing plants, which are located in Alabama, Arkansas, Arizona, Colorado, Indiana, Illinois, Louisiana, Kentucky, Minnesota, Mississippi, Missouri, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia in the United States and Ontario, Quebec and Nova Scotia in Canada. The markets for its Electrical and Industrial Products Segment are competitive and consist of a few large multi-national companies, along with numerous small independent companies. The Company is subject to various environmental protection reviews by state and federal government agencies. |
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