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Ohio-based manufacturing firm Worthington Industries has unveiled new senior leadership teams for New Worthington and Worthington Steel, effective upon completion of the planned separation of the Steel Processing business. ....
Worthington Industries has divided its Pressure Cylinders segment into three new segments: Consumer Products, Building Products and Sustainable Energy Solutions, effective 1st June (2021). ....
The company today (15 th March) confirmed the news, stating that it will continue to focus its investments and attention on the growing sustainability mobility markets in Europe and Asia. Worthington said it will also continue to supply Self-Contained Breathing Apparatus (SCBA) cylinders for firefighters and first responders from its European locations to customers in Europe and Asia. Commenting on the sale, Eric Smolenski, President of Worthington’s Pressure Cylinders Business, said, “We are pleased to find a buyer that can better utilise this facility to efficiently serve the US market.” “We are grateful for the passion and dedication of our Pomona employees and wish them success moving forward. We have made significant investments in our hydrogen and CNG design and manufacturing capabilities in Europe and will utilise these capabilities to drive innovative solutions into rapidly growing markets in Europe and Asia.” ....
Worthington Industries acquires German company - Columbus Business First bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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 our investments in the growing sustainable mobility markets and expands our systems capabilities to provide more comprehensive solutions to our customers,” said Worthington Industries Pressure Cylinders President Eric Smolenski. “Bringing PTEC’s innovative products and proven track record with vehicle manufacturers into the Worthington family of products will streamline th ....