Monday, December 6, 2021
54.2 F
Fort Worth

Fort Worth’s AZZ acquires North Texas area powder coating company with two plants

🕐 1 min read

Fort Worth-based AZZ Inc. (NYSE: AZZ) announced Sept. 30 it has acquired all the assets of Preferred Industries Ltd.,, a privately held powder coating company in the Dallas-Fort Worth area. Preferred provides powder and e-coating services to the automotive, HVAC, marine, transportation, medical, industrial, and plastics industries. Terms of the transaction were not disclosed. AZZ expects the acquisition will be accretive to earnings within the first year of operation., a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that it

Through the acquisition, AZZ gains the powder and e-coating operations as well as employees of Preferred, which operates a 155,000 square foot facility in Terrell, and an 89,600 square foot facility in Rowlett. Going forward, AZZ intends to operate the facilities as AZZ Surface Technologies – Terrell, and AZZ Surface Technologies – Rowlett, and will integrate them with six existing powder coating and plating operations the company operates in the area.

Michael Doucet, Senior Vice President of AZZ Surface Technologies commented, “We are pleased with the acquisition of Preferred Industries, as we continue to execute on our strategic plan to broaden our service offerings and expand our network of Surface Technology plants. AZZ now operates eight coating and plating operations in the Dallas-Fort Worth area. We welcome Preferred Industries’ employees and customers to AZZ and look forward to a seamless integration.”

Related Articles

Our Digital Sponsors

Latest Articles

Fort Worth Business Press Logo
This advertisement will close in
00
Months
00
Days
00
Hours
00
Minutes
00
Seconds
seconds..
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate