Press Releases
Filter by Year
AZZ Inc. Announces Definitive Agreement by AVAIL Infrastructure Solutions to Divest Electrical Products Business
March 10, 2025 – FORT WORTH, TX – AZZ Inc. (“AZZ” or the “Company”) (NYSE: AZZ) announced today that Avail Infrastructure Solutions (“AVAIL” or “AIS”) has entered into a definitive agreement to sell the electrical enclosures, switchgear, and bus systems businesses (the “Electrical Products Group”) of AVAIL to nVent Electric plc (NYSE: NVT) (“nVent”), for a purchase price of $975 million, subject to customary adjustments. The effective enterprise value multiple is approximately 12.5 times the anticipated Electrical Products Group trailing twelve-month EBITDA. AZZ has a non-controlling 40% interest and Fernweh Group LLC a 60% interest in AVAIL through a joint venture that was entered into in 2022. The transaction is expected to close in the first half of calendar year 2025, subject to customary closing conditions.
AZZ Inc. Announces Successful Repricing of its Senior Secured Revolving Line of Credit
March 3, 2025 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced the completion of repricing its $400 million Senior Secured Revolving Line of Credit. The repricing decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 275 basis points to 350 basis points (subject to leverage ratio step-downs) to margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs); (b) reduced the Commitment Fee applicable to the Revolving Credit Loans from fees ranging from 25 basis points to 37.5 basis points (subject to leverage ratio step-downs) to fees ranging from 20 basis points to 30 basis points (subject to leverage ratio step-downs); and (c) reduced the Letter of Credit Fees from 425 basis points to fees ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs).
AZZ Inc. to Participate in the 17th Annual Evercore ISI Industrial Conference and the 37th Annual Roth Conference
February 24, 2025 – 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 Jason Crawford, Chief Financial Officer, and David Nark, Senior Vice President, Marketing, Communications, and Investor Relations, will participate at the following investor conferences:
AZZ Inc. to Participate in Citi’s 2025 Global Industrial Tech and Mobility Conference and J.P. Morgan’s Global High Yield & Leveraged Finance Conference
February 10, 2025 – 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 participate at the following investor conferences:
AZZ Inc. Issues Fiscal Year 2026 Guidance
February 5, 2025 – 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 2026. Fiscal year 2026 refers to the 12-month period beginning on March 1, 2025, and ending on February 28, 2026.
AZZ Inc. Appoints Jeff Vellines as President and Chief Operating Officer and Kurt Russell as Senior Vice President and Chief Strategic Officer
AZZ Inc. Announces Fiscal Year 2025 Third Quarter Cash Dividend of $0.17 per Share
AZZ Inc. Reports Fiscal Year 2025 Third Quarter Results
AZZ Inc. Reschedules Third Quarter Fiscal Year 2025 Financial Results Conference Call to Wednesday, January 8, 2025
AZZ Inc. to Participate in the Noble Capital Markets’ 20th Annual Emerging Growth Conference, Wolfe Research 2nd Annual Reshoring Conference, and Roth Deer Valley Conference in December 2024
AZZ Inc. Publishes its 2024 Sustainability Report, Showcasing its Progress in ESG Commitments and Operational Excellence
AZZ Inc. to Participate in the Baird Global Industrials, NYSE Industrials Day and Three Part Advisors Southwest IDEAS Conferences in November 2024
AZZ Inc. Reports Fiscal Year 2025 Second Quarter Results
AZZ Inc. Announces Fiscal Year 2025 Second Quarter Cash Dividend of $0.17 per Share
AZZ Inc. Announces Successful Completion of Term Loan B Repricing in Leverage-Neutral Transaction
AZZ Inc. to Review Second Quarter Fiscal Year 2025 Financial Results on Thursday, October 10, 2024
AZZ Inc. to Participate in the Sidoti Small Cap and Noble Capital Markets’ Basic Industries Equity Conferences in September 2024
September 10, 2024 – 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 of Marketing, Communications, and Investor Relations will participate in the Sidoti Small Cap and Noble Capital Markets’ Basic Industries virtual equity conferences in September 2024.
AZZ Inc. to Participate in the Seaport Research Conference and Granite Research Conference in August 2024
August 13, 2024 – 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 participate in the Seaport Research Conference and Granite Research Conference in August 2024.
AZZ Inc. Reports Fiscal Year 2025 First Quarter Results
July 10, 2024 – 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 first quarter ended May 31, 2024.
AZZ Inc. Announces Fiscal Year 2025 First Quarter Cash Dividend of $0.17 per Share
June 27, 2024 – 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 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 July 31, 2024, to shareholders of record as of the close of business on July 10, 2024.
AZZ Inc. to Review First Quarter Fiscal Year 2025 Financial Results on Thursday, July 11, 2024
June 24, 2024 – 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 to review the financial results for the first quarter fiscal year 2025 at 11:00 a.m. ET on Thursday, July 11, 2024. The Company will issue a press release reporting first quarter financial results after the market closes on July 10, 2024.
AZZ Inc. Appoints Jason Crawford as Chief Financial Officer
June 3, 2024 – FORT WORTH, TX – AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, is pleased to announce the appointment of Mr. Jason Crawford as Chief Financial Officer. In conjunction with Mr. Crawford’s appointment, Mr. Philip Schlom will remain with the Company in a consulting role to ensure the smooth transition of all his job responsibilities to Mr. Crawford.
AZZ Inc. to Participate in the Stifel Cross Sector Insight Conference and 14th Annual East Coast IDEAS Conference in June 2024
May 31, 2024 – 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 participate in the Stifel Cross Sector Insight Conference and 14th Annual East Coast IDEAS Conference.
AZZ Inc. to Participate in the Oppenheimer 19th Annual Industrial Growth Conference and B. Riley Financial 24th Annual Institutional Investor Conference in May 2024
May 3, 2024 – 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 participate in the Oppenheimer 19th Annual Industrial Conference and B. Riley 24th Annual Institutional Investor Conference.