Precoat Metals

Precoat Metals

Coil coating and galvanizing solutions provider

Overview

Precoat Metals (now part of AZZ Incorporated) provides metal coating services, especially coil coating, as part of AZZ’s broader focus on protecting steel and extending infrastructure life. Its products include coated steel coils, which are made by applying protective coatings (paints, finishes) to rolled steel coils and curing them for use in construction and industrial applications. AZZ also offers hot-dip galvanizing and related protective coatings for infrastructure, combining coating and galvanizing to prevent corrosion. The company differentiates itself through a growth-driven path powered by acquisitions, a broad North American footprint, and a specific focus on metal coatings and galvanizing for critical infrastructure, rather than general metal services. Its goal is to be a leading provider of metal coatings and galvanizing solutions for critical infrastructure across industries and regions.

About Precoat Metals

Simplify's Rating
Why Precoat Metals is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Fort Worth, Texas

Founded

1956

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Simplify's Take

What believers are saying

  • Fiscal 2026 Precoat EBITDA margin held at 19.8% despite lower volumes.
  • AZZ said Washington reached profitability in Q4 FY2026 and will ramp in FY2027.
  • AZZ expects Washington to reach full run-rate by late 2026, adding contracted sales.

What critics are saying

  • On May 1, 2026, Kaiser Aluminum sued Precoat Mezzanine in Delaware.
  • Precoat sales fell 2.3% in fiscal 2026 as construction, HVAC, and transportation softened.
  • Washington, Missouri employees filed an NLRB union petition on February 19, 2026.

What makes Precoat Metals unique

  • Precoat Metals is AZZ's #1 independent U.S. coil coater, with 14 plants.
  • It runs 17 coating lines and over 200 custom finishes for specialized customers.
  • The 2025 Washington, Missouri greenfield plant deepens aluminum and beverage-container capabilities.

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Funding

Total Funding

$1.9B

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Stock Price

Company News

PR Newswire
Aug 3rd, 2026
AZZ Inc. appoints Rhonda Davenport as chief human resources officer

AZZ Inc., a North American provider of hot-dip galvanising and coil coating solutions, has appointed Rhonda Davenport as chief human resources officer, effective 3 August 2026. Davenport brings over 20 years of human resources leadership experience across financial services, technology, consumer services, and nonprofit organisations. She most recently served as chief people officer for Cain Watters & Associates, where she led human resources for the organisation and its portfolio companies. In her new role, Davenport will oversee AZZ's human resources strategy, including talent acquisition, leadership development, employee engagement, and culture initiatives across the company's operations. Her experience includes senior HR leadership positions at Unisys Corporation, Speed Commerce, Sirius XM, Freeman Company, and Kohl's Department Stores.

PR Newswire
Jul 30th, 2026
AZZ Inc. Announces Acquisition of Seattle Galvanizing Company, Inc.

/PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that...

AZZ Inc.
Jul 30th, 2026
AZZ Inc. Announces Acquisition of Seattle Galvanizing Company, Inc.

Press Releases AZZ Inc. announces acquisition of Seattle Galvanizing Company, Inc. Strategic Multi-Site Acquisition Establishes AZZ's First Metal Coatings Presence in the Pacific Northwest FORT WORTH, Texas, July 30, 2026 /PRNewswire/ - AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that it has acquired 100% of the equity in Seattle Galvanizing Company Inc. ("Seattle Galvanizing"), a multi-site, privately held provider of both hot-dip and spin galvanizing solutions headquartered in Arlington, Washington. Terms of the transaction were not disclosed. AZZ expects the acquisition to be accretive to earnings within the first year of operation. AZZ will operate the newly acquired locations under the name AZZ Galvanizing - Seattle LLC. The business will be integrated into AZZ Metal Coatings' existing network of hot-dip galvanizing and spin plants, increasing its total galvanizing network to 43 sites in North America. The acquisition expands AZZ Metal Coatings' geographic footprint into the Pacific Northwest, establishing a platform to serve both hot-dip and spin galvanizing customers across Washington, Oregon, Idaho, Western Montana, and Alaska from two Seattle-area locations. The state-of-the-art hot-dip galvanizing location features a 45-foot kettle - the largest in the Pacific Northwest - enabling AZZ to process larger and more complex steel structures, and a recently completed 38,000-square-foot spin galvanizing location that was purpose-built to coat small to medium-sized metal components. Hadi Mirzai, President of Seattle Galvanizing, commented, "We are proud of the rich history of Seattle Galvanizing as the Northwest's largest galvanizer and its service to our loyal customers and amazing employees. We are excited to partner with AZZ to continue this legacy for decades to come." Todd Bella, President of AZZ Metal Coatings, commented, "We are pleased to welcome Seattle Galvanizing's employees and customers to AZZ. This acquisition is strategically important because it establishes AZZ's first direct presence in the Pacific Northwest, an attractive region supported by favorable infrastructure, industrial and construction demand. Seattle Galvanizing has built a strong reputation for quality, service and technical capability, and we look forward to building upon that foundation while continuing to deliver uninterrupted, industry-leading service to their customers." About Seattle Galvanizing, LLC Founded in 1962, Seattle Galvanizing provides hot-dip and spin galvanizing to customers located in the Pacific Northwest. Featuring a spinning operation and a 45-foot kettle, Seattle Galvanizing has the capacity to process over 50,000 tons of steel every year and provides quick turnaround times and excellent customer service. Chinook Capital Advisors represented Seattle Galvanizing throughout the transaction. About AZZ Inc. Founded in 1956, AZZ Inc. is the leading independent provider of hot-dip galvanizing and coil coating solutions to a broad range of end-markets in North America. Collectively, AZZ's business segments provide sustainable, unmatched metal coating solutions that enhance the longevity and appearance of buildings, products and infrastructure that are essential to everyday life. Safe Harbor Statement Certain statements herein about its expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "could," "should," "expects," "plans," "will," "might," "would," "projects," "currently," "intends," "outlook," "forecasts," "targets," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Forward-looking statements speak only as of the date they are made and are subject to risks that could cause them to differ materially from actual results. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for its manufactured solutions, including demand by the construction market; infrastructure; transportation; HVAC & appliance; container; and the metal coatings end markets. AZZ Inc. could also experience additional production costs, including increases due to inflation, in labor costs, components and raw materials including zinc and natural gas, which are used in its hot-dip galvanizing process and paint used in its coil coating process; supply chain vendor delays; delays in additional acquisition opportunities; an increase in its debt leverage and/or interest rates on its debt, of which a significant portion is tied to variable interest rates; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the manufactured solutions that AZZ Inc. provide; economic volatility, including a prolonged economic downturn or macroeconomic conditions such as inflation or changes in the political stability in the United States or Canada; tariffs, acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business, including in Part I, Item 1A. Risk Factors, in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2026, and other filings with the SEC, available for viewing on AZZ's website at www.azz.com and on the SEC's website at www.sec.gov.You are urged to consider these factors carefully when evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact: David Nark, Chief Marketing, Communications, and Investor Relations Officer AZZ Inc. (817) 810-0095 www.azz.com Investor Contact: Sandy Martin / Phillip Kupper Three Part Advisors (214) 616-2207 or (817) 368-2556 www.threepa.com SOURCE AZZ Inc.

Yahoo Finance
Jul 9th, 2026
AZZ Inc posts record Q1 sales of $448.5M, boosts dividend 20% and raises fiscal 2027 outlook

AZZ Inc reported record first-quarter sales of $448.5 million, up 6.3% year-over-year, driven by 12.3% growth in Metal Coatings. The company posted adjusted diluted earnings per share of $1.85, up 3.9% from the prior year. The manufacturer announced a 20% increase to its quarterly dividend, raising it from $0.20 to $0.24 per share. Operating income improved to $77 million, representing 17.2% of sales. AZZ commissioned a new large kettle in North Texas, effectively doubling capacity at its Crowley facility. The company's Washington, Missouri plant is ramping up as planned. For fiscal 2027, AZZ expects sales between $1.8 billion and $1.85 billion, with adjusted EBITDA of $375 million to $415 million. The Infrastructure Solutions segment faced challenges, with adjusted EBITDA dropping to a $0.8 million loss from $7.6 million profit in the prior year.

Yahoo Finance
Jul 4th, 2026
AZZ investors eye dividend income ahead of Q1 earnings report

AZZ Inc. is set to report first-quarter earnings on Wednesday, 8 July, with analysts expecting earnings of $1.69 per share, down from $1.78 in the year-ago period. Consensus revenue estimate stands at $434.52 million, compared to $421.96 million last year. The company currently offers an annual dividend yield of 0.64%, paying 24 cents per share quarterly. To generate $500 monthly dividend income, an investor would need approximately 6,250 shares, worth roughly $936,875. For a more modest $100 monthly income, around 1,250 shares valued at $187,375 would be required. Dividend yields fluctuate based on both stock price movements and changes to dividend payments themselves.

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