This is the second contract for AZZ
from China, the first one being the contract from China Nuclear Power Engineering Company for providing two circuits of 550kV-2000A for the Hongyanhe Nuclear Power Plant in Liaoning Province in China
Bill Estes, Vice President of AZZ
Electrical Systems, commented, "AZZ
continues to support the growing power generation needs within China as demonstrated by this award.
is an electrical equipment and components manufacturer, serving global markets of power generation, transmission and distribution as well as general industrial markets.
Gary Hill, Vice President and General Manager of AZZ
WSI, commented, "This award is indicative of AZZ
's ability to provide specialty repair solutions to our international customer base, thereby allowing them to extend component lifetimes with high quality and safe performance.
Under the terms of the definitive merger agreement entered into by the parties, AZZ
will acquire the Company in a two-step transaction consisting of a cash tender offer for outstanding shares of NGA common stock at a purchase price of $7.
In the second quarter of fiscal 2016 AZZ
Specifically, NGA shareholders need additional information to know what actions the board took to adequately shop the Company before entering into this transaction and whether AZZ
is underpaying for NGA, given that NGA stock traded at $7.
On April 1, 2010, AZZ
announced that it had entered into an agreement to buy NGA by means of a cash tender offer transaction, followed by a merger with a subsidiary of AZZ
, for a price of $7.
Under the terms of the contract, AZZ
will provide 550kV 2000A GIL for the CNPEC Hongyanhe Unit II project.
Tom Ferguson, president and chief executive officer of AZZ
incorporated, commented, "We are off to a good start in fiscal 2016.
incorporated (NYSE: AZZ
) enjoys a five-year historical EPS growth rate of 62.
para]]FORT WORTH, Texas, June 19, 2015 /PRNewswire/ -- AZZ
), a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the first quarter of fiscal year 2016 at 11:00 a.