Press Releases

February 16, 2023 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of
hot-dip galvanizing and coil coating solutions, today announced financial guidance for fiscal year 2024.
Fiscal year 2024 refers to the 12-month period beginning March 1, 2023 and ending on February 29, 2024. The Company also provides fiscal year 2023 quarterly comparative financials from continuing operations.
The quarterly comparative financials reclassify the operations of the AZZ Infrastructure Solutions (“AIS”)
to discontinued operations for the first nine months of fiscal year 2023. Note that on September 30, 2022,
AZZ and Fernweh Group LLC (“Fernweh”) closed on the transaction whereby AZZ contributed its AIS segment to AIS Investment Holdings LLC and sold a controlling interest in AIS to Fernweh (“AIS JV”).

January 19, 2023 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors has authorized a third quarter cash dividend in the amount of $0.17 per share on the Company’s outstanding shares of common stock. The dividend is payable on February 7, 2023, to shareholders of record as of the close of business on January 30, 2023.

January 9, 2023 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the third quarter ended November 30, 2022.

December 27, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced it will conduct a conference call at 11:00 a.m. ET on Tuesday, January 10, 2023, to review AZZ’s third quarter fiscal year 2023 financial results. The Company will issue a press release reporting third quarter fiscal year 2023 financial results after the market closes on January 9, 2023.

November 30, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that Philip Schlom, Chief Financial Officer and David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Sidoti Small Cap Virtual Investor Conference at 12:15 p.m. ET on Wednesday, December 7, 2022.

November 14, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ) the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the 14th Annual Midwest IDEAS Conference on Thursday, November 17, 2022, at 8:00 a.m. CT at The Westin Dallas Downtown, in Dallas, Texas.

November 11, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its plan to construct a new aluminum coil coating facility, complete with value-added downstream processing, near St. Louis, Missouri. The 25-acre facility will be located in the new Oldenburg Industrial Park in Washington, Missouri and is expected to be operational in 2025. Upon completion, AZZ Precoat Metals will operate a network of 14 facilities including 16 coating lines and 19 value-added processing lines, adding to their industry leading capacity and capability. AZZ Precoat Metals has secured long-term contractual customer commitments for over 75% of the new capacity.

October 21, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the largest independent provider of hot-dip galvanizing and coil coating solutions, announced today that Tom Ferguson, Chief Executive Officer and Philip Schlom, Chief Financial Officer, will present at the Baird 2022 Global Industrial Conference at 2:55 p.m. CT on Wednesday, November 9, 2022. The conference is being held in The Ritz-Carlton in Chicago, IL.

October 11, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced financial results for the second quarter ended August 31, 2022.

October 7, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and a variety of metal coating solutions and coil coating solutions, today announced its Board of Directors has authorized a second quarter cash dividend in the amount of $0.17 per share on the Company’s outstanding shares of common stock. The dividend is payable on November 1, 2022, to shareholders of record as of the close of business on October 18, 2022.

October 3, 2022 – FORT WORTH, TX – AZZ Inc. (“AZZ” or the “Company”) (NYSE: AZZ), and Fernweh Group LLC (“Fernweh”), jointly announced today that as of Friday evening, September 30, 2022 they completed the previously announced transaction whereby AZZ contributed its AZZ Infrastructure Solutions Segment (“AIS”) to AIS Investment Holdings LLC (the “AIS JV”) and sold a 60% interest in the AIS JV to Fernweh at an implied enterprise value of $300 million. AZZ anticipates approximately $228 million of cash proceeds, subject to certain customary purchase price adjustments, and will use $210 million to pay down its Term Loan B and the balance to pay on its Revolving Credit Facility.

September 28, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, coil coating solutions, welding solutions, specialty electrical equipment and highly engineered solutions, will conduct a conference call to review the financial results for the second quarter fiscal year 2023 at 11:00 a.m. ET on Tuesday, October 11, 2022. The Company will issue a press release reporting second quarter fiscal year 2023 financial results before the market opens on October 11, 2022.

August 18, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, coil coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the 13th Annual Midwest IDEAS Conference on Thursday, August 25, 2022, at 12:45 p.m. CT at The Gwen Hotel in Chicago, IL.

August 5, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, coil coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Jefferies Industrial Conference on Tuesday, August 9, 2022, 2022, at 2:00 p.m. ET.

July 11, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, coil coating solutions, welding solutions, specialty electrical equipment and highly engineered services today announced financial results for the first quarter of fiscal year 2023, ended May 31, 2022.

June 30, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, today announced its Board of Directors has authorized a first quarter cash dividend in the amount of $0.17 per share on the Company’s outstanding shares of common stock. The dividend is payable on August 2, 2022, to shareholders of record as of the close of business on July 19, 2022.

June 28, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, will conduct a conference call to review the financial results for the first quarter fiscal year 2023 at 11:00 a.m. ET on Monday, July 11, 2022. The Company will issue a press release reporting first quarter fiscal year 2023 financial results before the market opens on July 11, 2022.

June 23, 2022 – FORT WORTH, TX – AZZ Inc. (“AZZ” or the “Company”) (NYSE: AZZ), and Fernweh Group LLC (“Fernweh”), jointly announced today they have entered into a definitive agreement whereby AZZ will contribute its AZZ Infrastructure Solutions Segment1 (“AIS”) to AIS Investment Holdings LLC (the “AIS JV”), and sell a 60% interest in the AIS JV to Fernweh at an implied enterprise value of AIS of $300 million. The valuation represents approximately 8.1x AIS LTM 2/28/2022 adjusted EBITDA2 of roughly $37 million and is expected to result in cash proceeds to AZZ of approximately $228 million, subject to certain customary purchase price adjustments. Under the terms of the transaction, the AIS JV will be governed by a board with three representatives from Fernweh and two representatives from AZZ. Following the close of the transaction, Fernweh will own 60% of the AIS JV and AZZ will own 40%. The transaction is expected to close before the end of 2022, subject to obtaining the requisite governmental approvals and other customary closing conditions and approvals.

June 16, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, announced today that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will participate in the East Coast IDEAS Virtual Investor Conference on Thursday, June 23, 2022. AZZ’s presentation is scheduled to be available at 6:00 a.m. ET on June 22, 2022.

June 9, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, announced today that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Sidoti & Company 2022 Summer Small Cap Virtual Investor Conference on Wednesday, June 15, 2022, at 1:45 p.m. ET.

June 2, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, announced today that David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Stifel 2022 Cross Sector Insight Conference in Boston, MA on Thursday, June 9, 2022, at 11:30 a.m. ET.

May 13, 2022 – FORT WORTH, TX – AZZ Inc. (“AZZ” or the “Company”) (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, today announced that it has completed its previously announced acquisition of the Precoat Metals business division (“Precoat”) of Sequa Corporation (“Sequa”), a portfolio company of global investment firm Carlyle (NASDAQ: CG), for a purchase price of approximately $1.28 billion.

May 3, 2022 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that Philip Schlom, Chief Financial Officer and David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Oppenheimer 17th Annual Industrial Growth Conference at 10:30am ET on Wednesday, May 4, 2022.

April 25, 2022 – FORT WORTH, TX – AZZ Inc. (“AZZ” or the “Company”) (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure today announced that the Company is launching the syndication of a new 7-year $1.3 billion First Lien Senior Term Loan (“2022 Term Loan B”).