Worthington Industries Acquires a Majority Ownership of Samuel Steel Pickling Company
Worthington Enterprises, Inc. Common Shares (WOR)
Last worthington enterprises, inc. common shares earnings: 3/26 06:55 am
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US:NYSE Investor Relations:
worthingtonindustries.com/company/investor-center
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Source: GlobeNewswire
COLUMBUS, Ohio, Jan. 06, 2020 (GLOBE NEWSWIRE) -- Worthington Industries Inc. (NYSE: WOR) today announced it has acquired a majority ownership of the Samuel Steel Pickling Company, a joint venture Worthington has had with Samuel, Son & Co. since 2010. The transaction includes adding Worthington’s recently acquired Heidtman Cleveland facility to the joint venture, which also has facilities in Cleveland and Twinsburg, Ohio. The joint venture will now be called Worthington Samuel Coil Processing, LLC and its earnings will be consolidated into Worthington’s Steel Processing business unit. Worthington now has a 63 percent interest in the joint venture, and Samuel, Son & Co. holds a 37 percent interest. “Adding the Heidtman Cleveland facility will enhance the joint venture’s pickling capabilities in this area,” said Worthington Industries Chairman & CEO John McConnell. “Leveraging the strengths and capabilities of these facilities will allow us to better serve our customers in this mark
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- Worthington Industries: Valuation Re-Rating Completed Post Separation [Seeking Alpha]Seeking Alpha
- Worthington Enterprises, Inc. (NYSE: WOR) had its price target raised by analysts at Canaccord Genuity Group Inc. from $56.00 to $64.00. They now have a "hold" rating on the stock.MarketBeat
- Worthington Enterprises, Inc. (NYSE: WOR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
WOR
Earnings
- 12/19/23 - Miss
WOR
Sec Filings
- 4/22/24 - Form 4
- 4/12/24 - Form 8-K
- 4/9/24 - Form 10-Q
- WOR's page on the SEC website