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EXHIBIT 20
(i) Corporate Name Change
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Aztec Manufacturing announces name change to
AZZ incorporated
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Shareholders approve name change to accurately reflect current corporate
position
For Immediate Release
Contact: Dana Perry, Vice President - Finance and CFO
AZZ incorporated, 817-297-4361
RCG Capital Markets Group, Inc. 480-675-0400
Retail: Jim Estrada, Brett Maas
Institutional/Analysts: Joe Dorame
Media: Jeff Stanlis
(July 13, 2000) - CROWLEY, Texas - Aztec Manufacturing Company (NYSE: AZZ), a
specialty electrical equipment and components manufacturer serving the global
growth markets of power generation, power transmission and distribution and a
leading provider of hot dip galvanizing services to the steel fabrication
industry nationwide, today announced that the Company's shareholders have
overwhelmingly approved the change of the corporate name to AZZ incorporated,
effective immediately. The Company's stock will continue to be traded on the New
York Stock Exchange under the ticker symbol "AZZ."
David H. Dingus, president and chief operating officer of AZZ incorporated,
commented, "AZZ has undergone significant changes in the last 10 years. We have
successfully transitioned to become a leading provider of high quality
electrical components and galvanizing services. This transition to a more
diversified distribution of products and services has clearly exceeded the scope
indicated by our previous name. We believe the new name, AZZ incorporated, will
enable us to effectively cross-leverage our marketing opportunities through the
use of a common name and a clear, new image."
Except for the statements of historical fact, this release may contain "forward-
looking statements'' that involve risks and uncertainties that are detailed from
time to time in documents filed by the Company with the SEC. Those risks,
uncertainties, and factors include, but are not limited to: change in demand,
prices and raw material cost, including zinc which is used in the hot dip
galvanizing process; changes in the economic conditions of the various markets
the Company serves, foreign and domestic, including the market price for oil and
natural gas; acquisition opportunities, adequacy of financing, and availability
of experienced management employees to implement the Company's growth strategy;
and customer demand and response to products and services offered by the
Company. The Company can give no assurance that such expectations will prove to
be correct.
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