Press Release

Day & Zimmermann Awarded Maintenance Contract at Largest Power Production Plant in the U.S.

Multi-Year Deal with Palo Verde Generating Station

PHILADELPHIA, March 15, 2018 (GLOBE NEWSWIRE) — Day & Zimmermann (D&Z), the century-old, family-owned provider of construction and engineering, staffing and defense solutions for leading corporations and governments around the world, announced today that its Engineering, Construction & Maintenance group has been awarded a five-year contract by Arizona Public Service Company (APS) to provide maintenance services at the Palo Verde Generating Station near Phoenix.  D&Z has been under contract with APS since 2014.

“This is a significant contract for Day & Zimmermann,” said Guy Starr, President, DZ Atlantic.  “We are excited about continuing our partnership with APS to enhance value for Palo Verde and to provide more opportunities for Day & Zimmermann and its employees.”

“We have had a strong, mutually beneficial relationship with Day & Zimmermann to date and expect they will continue to improve our processes, reduce our costs, and strategically position us to safely and efficiently generate electricity for the long term,” said Bob Bement, Executive Vice President and Chief Nuclear Officer.

D&Z is one of the nation’s leading providers of total plant lifecycle solutions for the power, process and industrial markets and has consistently been ranked as the #1 maintenance contractor in the U.S. power industry by Engineering News-Record in its Top 400 Contractors Sourcebook.

ABOUT DAY & ZIMMERMANN
Founded in 1901, Day & Zimmermann is a family-owned company with a workforce of over 42,000 specializing in construction & engineering, staffing and defense solutions for leading corporations and governments around the world. Operating from more than 150 worldwide locations with 2.4 Billion USD in revenue, Day & Zimmermann is currently ranked as one of the largest private companies in the U.S. by Forbes. Headquartered in Philadelphia, PA, our first work was to develop “Betterment Reports” that helped modernize American factories. Today, we are still in the business of betterment—maintaining the nation’s power infrastructure, protecting American freedoms and driving technological advancements around the world. We do what we say.®
http://www.dayzim.com

ABOUT ARIZONA PUBLIC SERVICE

APS, Arizona’s largest and longest-serving electricity utility, serves nearly 1.2 million customers in 11 of the state’s 15 counties. With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle West Capital Corp. (NYSE:PNW). Palo Verde is operated by APS and jointly owned by APS, Salt River Project, Southern California Edison Co., El Paso Electric, Public Service Co. of New Mexico, Southern California Public Power Authority and the Los Angeles Department of Water & Power.