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AZZ Inc. Announces Recognition from Bechtel as Leading Supply Chain Partner

AZZ Nuclear recognized among more than 60 subcontractors and suppliers for excellence in their support to Bechtel projects across the globe

FORT WORTH, Texas, Oct. 10, 2019 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, announced today that it was recognized as a top supplier by Bechtel at the company's Annual Supply Chain Awards Event for exceptional work on projects for Bechtel's global business unit ("GBU").

AZZ Inc. is a global provider of metal coatings services, welding solutions, specialty electrical equipment and highly engineered services. (PRNewsfoto/AZZ Inc.)

Companies were evaluated on multiple factors including: overall performance, ability to deliver quality services/supplies on time, ability to work collaboratively to meet milestones, and meeting or exceeding project expectations in aspects of safety, performance, technical expertise, and environmental compliance. Nominations were reviewed and approved by Bechtel procurement and project managers with final approval from senior leadership.

Al Hankins, Corporate Manager Procurement and Contracts of Bechtel, said, "The partnerships we have with each of our subcontractors and suppliers are critical to the success of our projects. Our suppliers and subcontractors are vital and valued partners in everything from quality to innovation, safety, and sustainability. Without their close collaboration and teamwork, we would not be able to deliver such exceptional results to each of our customers every day."

Gary Hill, President of AZZ Industrial and Nuclear, commented, "We are pleased to have been selected by Bechtel as a top supplier. AZZ's nuclear division is dedicated to developing innovative solutions and services to address the continuing challenge of aging infrastructure in the energy markets. AZZ looks forward to continuing to provide Betchel support on future projects."

About Bechtel

Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Bechtel serves the Infrastructure, Nuclear, Security & Environmental, Oil, Gas & Chemicals, and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations.

About AZZ Inc.

AZZ Inc. is a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to the markets of power generation, transmission, distribution and industrial markets. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide.

Safe Harbor Statement

Certain statements herein about our 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," "should," "expects," "plans," "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. This release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand and response to products and services offered by AZZ, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the metal coatings markets; prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; changes in the political stability and economic conditions of the various markets that AZZ serves, foreign and domestic, customer requested delays of shipments, acquisition opportunities, currency exchange rates, adequacy of financing, and availability of experienced management and employees to implement AZZ's growth strategy. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2019 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 in 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.

Contact:
Paul Fehlman, Senior Vice President –Finance and CFO
AZZ Inc. 817-810-0095
Internet: azz.com

Lytham Partners
602-889-9700
Joe Dorame, Robert Blum or Joe Diaz
Internet:
www.lythampartners.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/azz-inc-announces-recognition-from-bechtel-as-leading-supply-chain-partner-300936847.html

SOURCE AZZ Inc.

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