Preferred Industries Ltd.’s plants in Terrell and Rowlett were purchased this week by AZZ Inc., a global provider of metal coating products, welding supplies, specialty electrical equipment and engineered services, AZZ announced.
Preferred Industries – a privately held powder coating company – maintained a Terrell plant at 100 FM 148 in Terrell. Established in 1980, Preferred Industries provided powder and e-coating services to the automotive, HVAC, marine, transportation, medical, industrial, and plastics industries.
Terms of the transaction were not disclosed.
AZZ intends to operate the facilities as AZZ Surface Technologies – Terrell, and AZZ Surface Technologies – Rowlett, and will integrate them with six existing powder coating and plating operations the company operates in the area. The Terrell plant is 155,000 square feet, and the Rowlett location has 89,000 square feet, according to an AZZ news release.
Michael Doucet, senior vice president of AZZ Surface Technologies, commented, "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. 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.”