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Fort Worth-based AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, announced Tuesday it will acquire all assets of Canton Galvanizing, LLC, a privately held galvanizing company in Canton, Ohio.
Terms were not disclosed.
The deal marks AZZ’s continued expansion in the Midwest and increases its galvanizing network to 42 facilities across North America. The newly acquired plant will operate under the name AZZ Galvanizing – Canton East LLC.
“We are pleased to add Canton’s galvanizing operations and expand our geographical coverage in the Midwest,” said Bryan L. Stovall, AZZ president and COO – Metal Coatings, in a statement. “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 Galvanizing specializes in hot-dip galvanizing for small to mid-size parts, offering fast turnaround through a 21-foot kettle and dedicated spinning operation. AZZ expects the acquisition to be accretive to earnings within the first year of operation.