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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 ....
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