Coil Coaters
January 6, 2021
Written by Michael Cowden
Metal coater AZZ Inc. has acquired privately held hot-dip galvanizing and zinc electroplating company Acme Galvanizing Inc.
The deal, terms of which were not disclosed, includes all of Milwaukee-based Acme’s assets.
AZZ Inc. reported an 18% increase in net income in its fiscal first quarter of 2024, driven by a strong performance in its Metal Coatings business and by a full quarter with its Precoat Metals acquisition. The Fort Worth, Texas-based galvanizer and coil coater posted net income of $28.5 million in its fiscal Q1 ended […]
Flack Global Metals has partnered with First American Resources in a joint venture that will offer prepainted products to the market later this year. The deal is a bit of a departure for FGM, which is now the minority investor in an enterprise that is installing high-end coil coating equipment. FGM has achieved $350 million […]
Sherwin Williams, a major supplier of paint and coatings to coil coaters and other industries, announced a price hike on Monday, citing the need to recoup the escalating costs of raw materials. The company notified its customers to expect a 5 percent increase on all shipments of PVDF and FEVE topcoats, a 7 percent increase […]
Precoat Metals is purchasing the coil coating assets of the Steelscape Fairfield, AL facility. There are no immediate plans to reopen the plant as the company already has a facility located a few miles away in Hueytown, AL. The Steelscape facility consisted of a single paint line which was reported (by sources outside of Precoat) […]