AZZ Inc. (Fort Worth, Texas, USA) announced that it has acquired all the assets of Preferred Industries, Ltd. (Rowlett, Texas, USA and Terrell, Texas, USA), a privately-held power coating company specializing in powder and e-coating services. Terms of the agreement were not immediately disclosed.
With its acquision, AZZ will operate Preferred’s 155,000-square foot facility in Terrell and its 89,600-square foot facility in Rowlett. AZZ says that it will operate the two facilities as AZZ Surface Technologies – Terrell, and AZZ Surface Technologies – Rowlett. Other Preferred assets, including pre-existing employees, will be integrated into AZZ’s six Dallas-Fort Worth area powder coating and plating operations.
“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,” said Michael Doucet, senior vice president of AZZ Surface Technologies. “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.”
Founded in 1980, Preferred Powder Coating services a variety of industries, including automotive, heating, cooling and ventilation (HVAC), marine, transportation, medical, industrial, and plastics. The company is registered as ISO 9001:2008 certified, which is the international standard for a quality management system (QMS).
AZZ is a global provider of metal coating solutions, specializing in metal finishing solutions for corrosion protection. Among its wide range of services and business segments is AZZ Energy, which delivers safe and reliable transmission of power, as well as automated weld overlay solutions for corrosion and erosion mitigation.
Source: AZZ Inc., www.azz.com