AZZ Inc. is a leading North American provider of hot-dip galvanizing and coil coating solutions, operating through segments focused on metal coatings, precoat metals, and infrastructure solutions.

# AZZ Inc. Overview

AZZ Inc. ("AZZ" or "the Company") is a leading provider of hot-dip galvanizing and coil coating solutions, primarily servicing the construction, industrial, consumer, transportation, and utilities markets in North America. Established in 1956 and incorporated in Texas, AZZ operates through three distinct segments:

## Operating Segments

1. **AZZ Metal Coatings:**
   - **Core Services:** Offers a range of metal coatings, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating.
   - **Facilities:** Operates 41 galvanizing plants, six surface technologies plants, and one tubing plant across North America.
   - **Market Focus:** Services various industries, particularly the steel fabrication industry.
   - **Revenue Contribution:** Generated sales of approximately $665.1 million for the fiscal year 2025.

2. **AZZ Precoat Metals:**
   - **Core Services:** Provides coil coating applications, including protective and decorative coatings for steel and aluminum coils.
   - **Facilities:** Operates 13 plants in the U.S., with the newest facility in Washington, Missouri.
   - **Market Focus:** Primarily serves the construction, appliance, HVAC, transportation, and container markets.
   - **Revenue Contribution:** Generated sales of approximately $912.6 million for the fiscal year 2025.

3. **AZZ Infrastructure Solutions:**
   - **Core Services:** Represents a 40% non-controlling interest in AIS Investment Holdings LLC (the "AVAIL JV"), which focuses on the specialized provision of products and services for industrial and electrical applications.
   - **Revenue Contribution:** Recorded approximately $16.2 million in equity earnings from the AVAIL JV for fiscal year 2025.
   - **Transition:** Contributed its former infrastructure solutions segment to the AVAIL JV in September 2022.

## Key Performance Metrics

- **Total Revenue:** Approximately $1.58 billion for fiscal year 2025.
- **Net Income:** Reported net income of approximately $128.8 million in fiscal year 2025, a rise from $101.6 million in fiscal year 2024.
- **Number of Employees:** Employs around 3,684 people globally, with a distribution of approximately 83% hourly workers and 17% salaried workers.
- **Customer Base:** Multiple customers across diverse sectors, with no single customer accounting for a significant portion of sales, helping to reduce reliance on any individual client.

## Strategic Focus
AZZ aims to focus on profitable growth by integrating diversity and sustainability into its operations, ensuring shareholder engagement, and optimizing capital returns to shareholders. The Company has established a strong financial position, generating cash of approximately $249.9 million in fiscal year 2025 and maintaining a robust liquidity position with available credit of approximately $354.6 million.

## Corporate Culture
AZZ emphasizes a culture based on trust, respect, accountability, integrity, teamwork, and sustainability (collectively referred to as "TRAITS"). The Company aims to invest continuously in its workforce through training, competitive compensation packages, and opportunities for professional growth.

### Conclusion
AZZ Inc. operating at the intersection of critical industrial services, is well-positioned within the North American metal coating markets, driven by its strategic focus on growth, sustainability, and a strong corporate culture.

AZZ Inc. is a prominent provider of hot-dip galvanizing and coil coating solutions, serving various industrial sectors through its three dedicated segments.

# AZZ Inc. Company Overview

## Business Description
AZZ Inc. is a leading provider of hot-dip galvanizing and coil coating solutions, established in 1956 and incorporated in Texas. The company operates through three distinct segments:

### 1. AZZ Metal Coatings Segment
- **Services Offered**: 
  - Hot-Dip Galvanizing
  - Spin Galvanizing
  - Powder Coating
  - Anodizing
  - Plating
- **Target Markets**: The steel fabrication industry, including sectors like transmission and distribution, bridge and highway construction, petrochemical, and general industrial markets.
- **Facilities**: Operates 41 galvanizing plants in the U.S. and Canada, along with 6 surface technologies plants.
- **Customers**: Serves fabricators and manufacturers, with no single customer accounting for a significant share of sales.

### 2. AZZ Precoat Metals Segment
- **Services Offered**: 
  - Protective and decorative coatings
  - Value-added manufacturing for steel and aluminum coil
- **Target Markets**: Construction, appliance, HVAC, transportation, and container markets. 
- **Facilities**: 13 plants located across the U.S., with an additional facility under construction in Washington, Missouri, expected to be operational by 2025.

### 3. AZZ Infrastructure Solutions Segment
- **Services Offered**: 
  - Products and services supporting industrial and electrical applications, including custom switchgear, electrical enclosures, and automated weld overlay products for corrosion and erosion mitigation.
- **Ownership**: Holds a 40% interest in AIS Investment Holdings LLC (AVAIL JV), which focuses on the transmission of power and critical infrastructure solutions.

## Key Financials (As of February 29, 2024)
- **Employees**: Approximately 3,873 worldwide (3,575 in the U.S. and 298 in Canada), consisting of 84% hourly employees and 16% salaried employees. 
- **Revenue**: Specific revenue figures are not provided in the text.
- **Net Income**: Specific income figures are not provided in the text. 

## Recent Acquisitions
- **DAAM Galvanizing Co. Ltd.**: Acquired on February 28, 2022, adding two galvanizing facilities based in Edmonton, Alberta, Canada.
- **Steel Creek Galvanizing Company, LLC**: Acquired on December 31, 2021, enhancing geographical reach and service offerings.

## Strategic Goals
AZZ aims to promote sustainable business practices by:
- Integrating diversity and environmental initiatives into operations.
- Engaging shareholders in strategic development.
- Driving profitable growth across all segments.
- Increasing capital returns to shareholders.

## Market Characteristics
- **Competition**: The metal coating industry is highly competitive, with competition from other galvanizing firms, captive galvanizing facilities, and alternative corrosion protection methods.
- **Customer Base**: AZZ doesn’t rely on any single customer for a significant portion of sales, mitigating risk across its operations. 

## Seasonality
The business experiences cyclical nature, generally seeing increased activity during warmer months, with fluctuations in volume, revenue, and earnings directly tied to the construction industry.

## Diversity and Inclusion
- Approximately 52.4% of employees are from diverse backgrounds.
- Gender demographics include 15.0% women among U.S. employees, with a similar statistic globally.

## Conclusion
AZZ Inc. is positioned as a leading metal coating solutions provider with a strong focus on sustainability and growth through strategic acquisitions and enhancing operational capabilities. While specific financial details about revenue and net income are not listed, the company’s robust employee base and extensive facility operations highlight its significant presence in the industry.

AZZ INC

10-K / April 21, 2025

10-K / April 22, 2024

10-K / April 21, 2025

AZZ Inc. Overview

Operating Segments

Key Performance Metrics

Strategic Focus

Corporate Culture

Conclusion