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Worthington Industries Divests Oil & Gas Equipment Business Worthington Industries Divests Oil & Gas Equipment Business COLUMBUS, Ohio, Feb. 01, 2021 — Worthington Industries, Inc. (NYSE: WOR) today announced that it sold its oil & gas equipment business to an affiliate of Ten Oaks Group. The divestiture includes the related operating assets located in Bremen, Ohio and Tulsa, Okla.   Worthington retained the real estate associated with the business and is leasing it back to the new owners, who will operate the business as Westerman, Inc. “We’re pleased to find a family-owned buyer in...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Worthington Industries Acquires General Tools & Instruments Company Worthington Industries, Inc.February 1, 2021 GMT COLUMBUS, Ohio, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today announced the acquisition of General Tools & Instruments Company LLC (General Tools), a provider of over 1,200 feature-rich, specialized tools with well-established brands and a nearly 100-year history. The acquisition broadens Worthington’s consumer products brands in niche tools and ou...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Worthington Industries Acquires German Valve and Component Company Worthington Industries, Inc.January 7, 2021 GMT COLUMBUS, Ohio, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Worthington Industries Inc. (NYSE: WOR) today announced the acquisition of PTEC Pressure Technology GmbH, a leading independent designer and manufacturer of valves and components for high-pressure hydrogen and compressed natural gas (CNG) storage, transport and onboard fueling systems, based in Germany. “Our purchase of PTEC adds to o...